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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De Beers Consolidates Leadership of Jewellery Houses

London: De Beers Group yesterday announced that Nancy Liu, CEO of De Beers Forevermark, has decided to leave the business and Céline Assimon, currently CEO of De Beers Jewellers, will expand her role to lead both jewellery houses. In her expanded capacity Céline will continue to report to Stephen Lussier, Chairman of both jewellery houses, and will shape a coordinated

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GJEPC Bestows Artisan Awards 2021

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) concluded the 4th edition of The Artisan Awards, India’s premier jewellery design competition, on July 20 at Hotel Four Seasons in Mumbai. Designers from India and overseas participated in the competition to showcase excellence and innovation in jewellery design. The Artisan Awards celebrates the highest levels of artistry through world-class pieces exhibited by designers. The

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GJEPC Launches Its New Brand Identity

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), India’s apex body for the Gem & Jewellery Trade in India introduced their new identity today. The vision is to position India as a unique destination for gems and jewellery. Mr. Colin Shah, Chairman, GJEPC said, “The Gem & Jewellery Export Promotion Council (GJEPC) is a forward-thinking, all-inclusive association that believes in

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Covid Vaccination Drive for Artisans of Diamond Ind.

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) along with Gem & Jewellery National Relief Foundation (GJNRF) and World Federation of Diamond Bourses (WFDB) organised a free vaccination drive for the artisans of the diamond industry on 19th July 2021. The program was inaugurated by chief guest Mr. Vinod Ghosalkar, Chairman of Mumbai Building Repair and Reconstruction Board; Mr. Sanjay Kothari,

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