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

Read More »

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

Read More »

Top News

7th Platinum Season of Love from 25th April

Mumbai: Platinum Guild International (PGI), India has announced the return of its iconic retail programme, the seventh edition of Platinum Season of Love, set to unfold from 25th April to 31st May 2025. As a strategic anchor in PGI India’s annual calendar, this retail initiative continues to play a pivotal role in catalyzing both consumer demand and retailer engagement for

Read More »

BDB Hosts Ministerial Delegation

Mumbai: Bharat Diamond Bourse (BDB) hosted two prominent dignitaries Mr. C.R. Patil, Union minister of Jalshakti and Mr. Harsh Sanghvi, Minister of Home, Industries, Transport, Youth & Sports, Government of Gujarat for a tour of BDB which is one of the largest functional Diamond Exchanges in the world. Mr. Kirit Bhansali, Chairman, GJEPC, Mr. Anoop Mehta, President BDB, Mr. Mehul

Read More »

GJEPC Briefs PMO on US Tariff Impact

New Delhi: India’s gem and jewellery sector has formally presented its key demands to the Government of India, urging for relief from US tariffs amid escalating trade tensions. GJEPC’s industry representation to the GoI encapsulates key areas requiring immediate attention under the proposed Bilateral Trade Agreement (BTA). A high-level delegation, led by Mr. Kirit Bhansali, Chairman, GJEPC, met Principal Secretary

Read More »

GJEPC Becomes Title Partner of IIJS-JCL

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has become the Title Partner of the highly anticipated IIJS-JCL (Jewellers Cricket League), which kicked off on 11/04/2025) at the state-of-the-art Cricket Hub Ground, strategically located on the Banur-Landran Highway in Mohali. Representing GJEPC at this exciting event are esteemed officials Mr. Shamal Pote, Director along with team Mr. Pranabes Hazra

Read More »

Lab-Grown Diamonds' Association Formed

Morrisville: More than 10 leading grown diamond producers, distributors and retailers have come together to launch a global platform, the International Grown Diamond Association (IGDA). The first ever grown diamond industry association aims to represent the grown diamond industry, promote grown diamonds as a new choice in diamonds and educate about various unique qualities and applications of grown diamonds. Founded

Read More »

TBZ Declares First 9 Months’ Results

Mumbai: Tribhovandas Bhimji Zaveri Limited (“TBZ”) reported its unaudited and reviewed results and financial performance for the third quarter and first nine months of financial year ending 31st March, 2016.    KEY HIGHLIGHTS In Rs crores Q3 FY16 Q3 FY15 % YoY 9M FY16 9M FY15 % YoY   Total Income from Operations 495.66 612.50 -19.08% 1,349.61 1,471.19 -8.26%   Gross Profit

Read More »

IDW in Israel to Hold First Diamond Jewellery Show

Ramat Gan: For the first time, the International Diamond Week in Israel (IDWI), to be held February 14 – 18, 2016 will not only focus on loose diamonds, but will also include a special show of diamond jewellery produced by companies within the Israel Diamond Exchange (IDE). Diamond jewelry has become an important part of the business of many Israeli

Read More »

Ernie Blom Congratulates Shmuel Schnitzer

Antwerp: World Federation of Diamond Bourses (WFDB) President Ernie Blom has congratulated Honorary WFDB President Shmuel Schnitzer on his election this week as the new Chairman of the Israel Diamond Institute (IDI). Blom said it is critical during challenging times for the global industry that experienced and well-known industry figures continue to play a role in leading its major organizations.

Read More »

Latest Videos