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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Top News

Despite Challenges, Gold is Well Positioned

Mumbai: Gold entered the second half of 2025 following an exceptionally strong performance in the first six months of the year, with prices rising 26%. This surge was driven by a weaker US dollar, ongoing geopolitical tensions, strong investor interest, and sustained central bank buying, according to the World Gold Council’s (WGC) mid-year outlook released on Tuesday, July 15. While

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GJEPC Targets Saudi Arabia to Expand G&J Exports

Jeddah: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem and jewellery trade in India, with the support of the Ministry of Commerce & Industry, Government of India; the Embassy of India in Riyadh; the Consulate General of India in Jeddah; and the Dubai Jewellery Group, successfully launched SAJEX – The Saudi Arabia Jewellery Exposition

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GJSCI Gets Skill Development Leadership Award

Mumbai: World Education Congress 2025 at its 14th Edition honoured The Gem & Jewellery Skill Council of India “The Skill Development Leadership Award” under the title The New Education Paradigms. The World Education Congress 2025 is governed by Global Advisory Council which guides the strategic intent of the congress to its logical success. The World HRD Congress, is a global forum committed

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Top 100 UK Buyers Turn Up at India-UK BSM

London: Some of the UK’s most respected jewellery buyers, including Allied Gold, Brown & Newirth, Gemporia, Asprey, Optima, Astrid & Miyu and Gecko Jewellery among several others, turned out in strong numbers at the recently held India–UK Gem & Jewellery Buyer-Seller Meet (BSM) in London, underscoring the growing confidence in Indian manufacturing and the business potential unlocked by the forthcoming

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DiaCam360 to Introduce Latest, Improved Camera

Ramat Gan: DiaCam360, the company that has conquered the international diamond trading community’s heart with its small, portable, effective and affordable camera that creates high quality photos and 360-degree, interactive videos of polished and rough diamonds, announced it will introduce the latest, improved model of its camera during the upcoming International Diamond Week in Israel (IDWI) which will be held

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'Spend Substantially on Generic Campaigns'

Ramat Gan:  Shmuel Schnitzer, Chairman of the Israel Diamond Institute Group of Companies (IDI) and past President of the Israel Diamond Exchange (IDE) and the World Federation of Diamond Bourses (WFDB), called on the Diamond Producers Association (DPA) to invest a substantial amount in the generic marketing campaign that it was planning to launch later this year. Schnitzer was speaking

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‘Design Inspiration’ Inspires the Jewellery Industry

Mumbai: “Design Inspirations”, a two-day seminar focused on design organized by The Gem & Jewellery Export Promotion Council (GJEPC) on 8th & 9th Feb ended yesterday successfully. Mr. Praveenshankar Pandya, Chairman of the GJEPC, inaugurating the event said, “If the design is right, if it captures the imagination of the consumer then the jewellery sells and sells in multiples.” Explaining

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1,111 ct. Diamond Named ‘Lesedi La Rona’

Gaborone: The 1,111-carat diamond recovered by Lucara Diamond Corp. in Botswana in November has been named ‘Lesedi La Rona’ following a competition among locals to label the gem. The name, which means ‘Our Light,’ was given by Thembani Moitlhobogi, the winner of a $2,196 (BWP 25,000) prize, according to a Lucara statement February 9. The contest was only open to

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