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

GJC logo

US Tariff Could Dent Growth of India’s G&J Industry: GJC

Mumbai: The United States (US) has maintained a 10% additional tariff on Indian gem and jewellery (G&J) exports under a permanent Section 301 regime, which replaced the previous temporary Section 122 surcharge on July 24, 2026. This duty applies to natural diamonds, lab-grown diamonds, coloured gemstones, and finished jewellery, impacting India’s primary overseas market. Expressing his dissatisfaction on the move,

Read More »

The Platinum Buyer Seller Meet Ends Successfully

Kochi: The Platinum Buyer-Seller Meet (BSM) 2026, hosted by Platinum Guild International (PGI) in Kochi on 8th & 9th July, brought together 10 manufacturers, more than 70 retailers and industry partners for discussions on product innovation, changing consumer demand and the future growth of platinum jewellery in India. Over the last few years, platinum jewellery has sustained double-digit growth in

Read More »

New Tariff Puts India’s G&J Exports Under Pressure

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations

Read More »

European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

Read More »

Forevermark’s New Designs from Artemis Collection

Mumbai: Forevermark, the diamond brand from De Beers Group, showcased its exquisite new designs from the Forevermark Artemis Collection in collaboration with celebrated fashion designer Bibhu Mohapatra in association with PMJ Jewels, during New York Fashion Week. Bibhu Mohapatra an expert craftsman who continues to grace the runway with his refined collections, using exquisite fabrics alongside tailoring to create sophisticated yet edgy looks, brings this same expertise

Read More »

CIBJO-IEG Seminar at VICENZAORO September Show

Vicenza: With members of the jewellery and gemstone sectors under growing pressure to actively demonstrate that they are conducting their businesses in a sustainable manner, including verifying that the items they purchase, process and sell have been sourced responsibly, a range of technological solutions are currently being developed to help them comply with the due diligence requirements. These came under

Read More »

GJEPC Organizes First India-USA Jewellery BSM

The first-ever India-US Jewellery Buyer Seller Meet (BSM) was inaugurated by Mr. Colin Shah, Vice Chairman, Gem & Jewellery Export Promotion Council (GJEPC) along with Mr. Sabyasachi Ray, ED, GJEPC. Leading Indian jewellery exporters interacted with a delegation of over 32 topmost jewellery buyers i.e. 23 from United States and 9 from New Zealand, Ireland, Spain, United Kingdom and Germany –

Read More »

PNG Jewellers Collaborates with Forevermark

Pune: PNG Jewellers in association with Forevermark launched their exclusive festive collection. The latest collection with over 400+ designs have been crafted by PNG Jewellers with Forevermark diamonds. Contemporary and chic the stunning diamond jewellery collection is perfectly suited for every occasion. And is bound to add a sparkle to every woman’s collection. PNG Jewellers collaborated with Forevermark to bring forth an exquisitely crafted jewellery

Read More »

Latest Videos