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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GJEPC Confers ’20 Under 40′ Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) honoured 20 emerging industry leaders at the 20 Under 40 Awards, held at BEC during IIJS Bharat Premiere 2026 on 8th August. The awards recognised young entrepreneurs and professionals across manufacturing, retail, diamonds, jewellery, laboratories and allied businesses for their contribution to the industry. The GJEPC leadership present included Mr. Kirit

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Mehul Shah Conferred “Industry Legend” by GJEPC

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) honoured the ‘Legends of the Industry’ during the IIJS Bharat Premiere exhibition. Globally renowned change-makers in the Industry were invited and honoured in the presence of an august audience. This recognition by GJEPC honoring the change-makers as industry stalwarts descended to receive the recognition. Mr. Mehul Shah, Vice President of Bharat

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‘Made in India’ Jewellery Must Become World’s Trusted Choice: Chirag Paswan at IIJS Bharat Premiere 2026

Mumbai: Mr. Chirag Paswan, Minister of Food Processing Industries, Government of India, today inaugurated the 42nd edition of IIJS Bharat Premiere 2026 at the Bombay Exhibition Centre (BEC), NESCO, Goregaon — highlighting the Indian gem and jewellery sector’s role in strengthening Brand India on the global stage. Joining him as Guests of Honour were Mr. Paul Rowley, Executive Vice President,

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WGC Launches ‘Swarnim Udaan 2047’

Mumbai: The World Gold Council (WGC) yesterday released a landmark vision document for Indian gold industry titled “Swarnim Udaan 2047: Unlocking the Full Potential of Gold Towards Viksit Bharat 2047,”. The report, developed with Monitor Deloitte as knowledge partner, sets out a long-term roadmap to reposition gold as a strategic economic lever for India’s economic growth and global competitiveness.  As

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LDJS Generates Tremendous Response on Debut

Mumbai: Lab Grown Diamond and Jewellery Promotion Council (LGDJPC) concluded the debut show of LDJS (International Lab grown Diamond Jewellery Show), the B2B expo, spread over 40,000 square feet in a world class air conditioned in Mumbai. The debut show accommodated 70+ exhibitors who showcased a whole of the LGD range & they met a demand of product mix that

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CIBJO Urges at IIJS to Adopt Responsible Sourcing

Mumbai: All participants in the jewellery and gemstone value chain will need to come to terms with the fact that basic due diligence demonstrating that they are sourcing their supply responsibly is becoming is a regular requirement for doing business, said Gaetano Cavalieri, President of CIBJO, speaking last week in Mumbai. At the same time, he added, the systems being

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Forevermark Unveils Short Film About Translocation

London: For World Elephant Day 2019, Forevermark, the diamond brand from De Beers Group has unveiled a compelling six-part short film series revealing the epic journey of one of the world’s keystone species as they embark on one of the largest and longest translocations ever undertaken in South Africa. In 2018, De Beers Group announced that it was commencing a major conservation initiative titled Moving

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GJSCI Promotes India's Traditional Jewellery Art Forms

Mumbai: One of the highlights of the IIJS 2019 was the Craft Pavilion by Gem and Jewellery Skill Council of India (GJSCI), the nodal body for skill development of the Indian Gems & Jewellery industry under the National Skill Development Council (NSDC). India’s traditional Jewellery art forms like Thewa, Gajra, Bindri, Tarakasi, etc, are among the few jewellery forms which today have just a

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