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

Surat to Set Diamond Bourse in 2 Lakh Sq. Yards

Surat: Surat, known as a hub for processing of rough diamond is readying itself to set up a world class diamond bourse having trading facilities which will integrate processing and house all those interested in diamond business at one place, reports The Times of India. The proposed bourse may be of the size of the one existing in Mumbai. Mumbai’s

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EGL Uncovers 4 Synthetics in Parcel of 20 Stones

Ramat Gan: In an unusual case, EGL International in Israel said it has discovered four synthetic diamonds in a parcel of 20 stones submitted by a long-time client, reports idexonline.com. The lab-grown diamonds were uncovered in the first phase of testing using FTIR infrared spectroscopy, said EGL International Managing Partner and CEO, Guy D. Benhamou, who added that the diamonds

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Bitcoin Growing in Adoption

New York: The cyber currency bitcoin is seeing increasing adoption, said a May 31 panel on “Bitcoin and the Jewelry Industry: What You Need to Know.” “In terms of the world’s economic system, bitcoin is doing small numbers,” said the panel’s moderator Verichannel CEO Jacques Voorhees, whose son works for a bitcoin company. “But the adoption rate is soaring.” Some

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Fresh Diamond Looting Spree in Marange

Harare: Observers have reported a fresh diamond looting spree, with security and army chiefs said to be working hand in glove with senior mining companies’ staff in the scam. Reports said the swindle is being spurred on by panic among mining staff members who are not sure of their fate following a government announcement that it will streamline diamond mining

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13th Edition of IIJS SIGNATURE Commences

18,000 VISITORS FROM 325 INDIAN CITIES & 55 COUNTRIES EXPECTED TO ACCESS 700+ EXHIBITORS & 1,300 BOOTHS 7th IGJME – ASIA’S LARGEST – EXHIBITS LATEST IN G&J TECHNOLOGY Mumbai: Furthering India’s jewellery legacy! The Gem & Jewellery Export Promotion Council (GJEPC) presented the global trade with two wonderful opportunities to commence the Year’s buying season with the 13th edition of

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GIA India Offers Fee Waivers During IIJS Signature

Mumbai: Aspiring students who wish to embark on a career in the gem and jewellery industry can now take advantage of GIA India’s special fee waivers during IIJS Signature 2020. GIA India is offering fee waivers for its education programmes in Mumbai, Surat and New Delhi. This fee waiver is applicable from Feb. 10 to Feb. 21, 2020, for the Institute’s diploma and certificate

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Bangkok Gems & Jewelry Fair from 25th February

Bangkok: The Department of International Trade Promotion (DITP), Ministry of Commerce, has demonstrated its confidence in the potential of Thailand to become the World’s Jewelry Hub while assigning Thai Trade Centers around the world to proactively promote the export of gems and jewelry products and focus on penetrating new markets and expanding online sales channels in existing markets. The DITP

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Artisan Jewellery Design Awards 2020 Distributed

Legendary British designer Stephen Webster graces the event Mumbai: 3 Eras! 625 Entries! 27 Winners! Legendary British designer Stephen Webster graced the annual momentous event recognising and rewarding the best in jewellery design, The Artisan Jewellery Design Awards, an initiative by the Gem & Jewellery Export Promotion Council (GJEPC). The Artisan Awards epitomises the highest levels of artistry, innovation and individuality –

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