Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?

Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring

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Why Is a Widening Gulf War Lifting Oil but Sinking Gold and Silver?

Macro Snapshot: The week ending 30 October brought the kind of news that once sent buyers into gold. Reuters reported the first known successful limpet-mine strike on a tanker in the Strait of Hormuz since the war began in February, and Houthi forces claimed strikes on Saudi refineries. Washington ordered non-emergency government staff out of Saudi Arabia amid reports that US strikes on Iran could resume after the 3 November midterm elections. Brent rose 13.6% over October, with the expiring

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Antwerp Diamond Bank Faces Liquidation

Antwerp: The sale of Antwerp Diamond Bank to China’s Yinren Group appears stalled, and some fear the 80-year-old bank might liquidate, according to Belgian reports citing newspaper De Tijd. Parent company KBC, directed by regulators to divest the bank, agreed to sell it to the Chinese Yinren Group for an undisclosed amount in December. But the sale—which requires regulatory approval—has

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RJC Certifies Tara Jewels Ltd.

London: RJC announced that Tara Jewels Ltd., a Mumbai headquartered international integrated player in the jewelry industry with expertise ranging from designing to manufacturing and retailing of jewellery, has achieved Certification by meeting the highest ethical, social and environmental standards established by the RJC. “RJC warmly congratulates Tara Jewels Ltd. on its Certification. The successful verification assessment was conducted by

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World Diamond Conference in Delhi

Mumbai: The World Diamond Mark Foundation (WDMF), in close cooperation with the Gem & Jewellery Export Promotion Council (GJEPC), India, will organize an international World Diamond Conference supported by the Ministry of Commerce and Industry, Government of India, in upcoming December, with its heart at the future of diamonds and diamond jewellery in the global luxury consumer market. The conference

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India Gem & Jewellery Machinery Expo in Surat

Surat: The Gem and Jewellery Export Promotion (GJEPC) in affiliation with the Surat Diamond Association (SDA), will host the India Gem & Jewellery Machinery Expo (IGJME) at The International Exhibition & Convention Centre, Surat, from 28th – 30th November, 2014. The inaugural edition in 2013 saw 75 exhibitors spread across 100 stalls. This year’s edition has grown bigger and will

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IIJS Premiere to Help Achieve G&J Export Target

New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC), organised the IIJS Premiere 2021 roadshow at New Delhi. It witnessed the  participation of leading jewellery Retailers , Manufacturers  and trade associations from Delhi and neighbouring areas. IIJS Premiere 2021, one of Asia’s leading Gem & Jewellery trade exhibitions, will be held at

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E-commerce Policy for G&J Sector at Advanced Stage

Mumbai: Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India met Export Promotion Councils (EPCs), Commodity Boards and Authorities recently in Mumbai to discuss measures to enhance and increase exports. Union Minister set a target of USD 1 Trillion for Merchandise Exports and announced Policy Measures to Boost Exports. Mr.

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Design Gallery at IIJS Premiere 2021

Mumbai: One of the major highlights of the IIJS Premiere 2021 is the Design Gallery, a dedicated pavilion conceptualised by GJEPC to promote Budding Designers, Women Entrepreneurs, and Design Schools. This Design Gallery was first introduced during the IIJS 2019, and it witnessed an enthusiasticparticipation from deserving candidates who gained instant exposure for their innovativejewellery designs. Women Entrepreneurs and Budding

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Rajesh Exports Registers Healthy Growth

Bengaluru: (Report by Evaluate Research): Rajesh Exports has reported a healthy growth in revenue and net profit, ahead of our expectations, on a YoY basis, despite a global economic slowdown, indicating that business performance is surely recovering. Net profit for the fiscal first quarter [ended June] came in at Rs.2,784 mn, up 67% on a YoY basis. A double-digit growth in

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