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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Aditi Tatkare Inaugurates InnovNXT 40 Under 40

Mumbai: The future of India’s gem and jewellery industry came alive at the launch of InnovNXT 40 Under 40 in Mumbai on 25th June 2025 — a dynamic initiative by the Gem & Jewellery Export Promotion Council (GJEPC), the apex body for the gem and Jewellery industry in India, aimed at recognising and empowering its next generation of leaders. With

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Candere Unveils New Store in Panvel

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers, has further expanded its presence in Mumbai with the launch of its 7th store in the city, located in Panvel, Navi Mumbai. With this addition, Candere now operates 77 stores across India, reflecting its commitment to bringing distinctive jewellery collections to a wider audience in the region. This expansion marks a

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GJEPC Organizes INNOVNXT 40 UNDER 40

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has organized INNOVNXT 40 UNDER 40 SESSION on 25th June. It is an initiative by GJEPC to recognize and celebrate 40 young innovators in the jewelry industry, under the age of 40, who are driving growth through new-age marketing techniques and adaptability. The program aims to foster industry growth by equipping the

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WFDB Praises Luanda Accord to Support Natural Diamonds

Antwerp: The World Federation of Diamond Bourses expressed full support for the Luanda Accord, the agreement reached last week among major diamond-producing countries and trading centers to fund the promotion of natural diamonds, in a meeting in Luanda, Angola. All the signing parties have agreed to contribute 1% of the annual revenue they generate from rough diamonds to the Natural Diamond

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India's Gold Demand up by 19% in Q2

Mumbai: Demand for gold in India during the April-June period increased 19.2 per cent to 76.1 tonne, compared to the same quarter of 2021, according to a report by the World Gold Council (WGC). In April-June 2021, demand stood at 63.8 tonne. “Demand for gold in India for Q2 2021 was at 76.1 tonne, increase by 19.2 per cent as

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Platinum Days of Love Celebrates the Love

Mumbai: The ferocity of the second wave of the pandemic caught everyone unaware. It brought people to a breaking point and brought with it a negative spiral due to the collapse of various systems. Couples had just about started to pick up the pieces of their foiled plans when the second wave tore away at the remaining shreds of their

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National Task Force Formed on Hallmarking

New Delhi: The National Task force was formed out of 350 Associations / Federations representing East, West, central, North and South zones of the entire Gems & Jewellery Industry.  The objective of this committee is to ensure a smooth implementation of mandatory hallmarking across the country. Honourable Minister of Consumer Affairs, Mr. Piyush Goyal, virtually met the industry on 24th May

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Vaccination Camp for Daily Wage Diamond Assorters

Mumbai: The ‘Chuttak’ Assorters are the ‘daily wage’ community who play an important role in the Diamond trade. While Bharat Diamond Bourse (BDB) has been successful in providing vaccination facility to fight COVID 19 to all its members as well as Gem and Jewellery Industry members from outside the complex, the bourse committee has gone ahead and decided to vaccinate

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