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

IIJS Bharat Premiere 2026 Opens with New FTAs, New Markets

Mumbai: The 42nd edition of IIJS Bharat Premiere opened at the Jio World Convention Centre, Mumbai, today, against the most favourable trade backdrop the Indian gem and jewellery industry has ever known. A succession of free trade agreements — with the UAE, Australia, Oman and the United Kingdom, with the European Union and New Zealand to follow — has redrawn

Read More »

BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts

Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural

Read More »

INNOV8: Innovative Seminars at IIJS Premiere

Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail

Read More »

Qatar Diamond Exchange Joins the WFDB

Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the exclusive organization that – as of now – unites 27 diamond bourses on five continents under common trading rules and a shared code of conduct. QDE’s admission was announced during the 41st World Diamond Congress, convened by the

Read More »

'Manthan' by GJC Starts in Mumbai

Mumbai: Customer first! Values! Culture!Compliance! Technology adoption! Market development! These were the key words used by prominent speakers from corporate India during the first day of the Gem & Jewellery Industry’s most sought-after transformational conclave Manthan 2019. All India Gem & Jewellery Domestic Council (GJC), presents its flagship event promoting a common platform to share expertise & knowledge – Manthan Gems & Jewellery Conclave 2019 on 2-3

Read More »

The 'Design Connect' Ends with Great Success

Mumbai: Design Connect 2019, a platform for jewellery designers to help connect and collaborate with manufacturers and retailers, was successfully held in Mumbai recently. Organised by Gem and Jewellery Skill Council of India (GJSCI) and Women’s Jewelry Association (WJA) – India Chapter, the event witnessed more than 35 jewellery manufacturers and retailers conducting interview rounds with 100+ jewellery designers. Ms. Nirupa Bhatt,

Read More »

GJC Seeks Pro Consumer Initiatives in Budget

Mumbai: All India Gem and Jewellery Domestic Council (GJC) has sought reduction in Import Duty on Gold as per of its pre-Union Budget recommendations. GJC Chairman and delegation submitted the pre-Budget recommendations to the Hon. Union Finance Minister. The indigenous Gem & Jewellery industry is predominantly hand crafted and labour intensive. Over 1 crore skilled labour force is engaged in

Read More »

De Beers' Cycle 5 Sales Drop

De Beers Group’s Cycle 5 2019 (provisional) rough diamond sales (Global Sightholder Sales and Auctions) amounted to US$ 390 million, the lowest for the past 18 months. While Cycle 4 2019 rough diamond sales (actual) amounted to US$ 416 million; sales for Cycle 5 2018 (actual) stood at US$ 581 million. Hence, the latest sale represents a drop of almost

Read More »

Latest Videos