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

CIBJO President Honored with Award

Milan: CIBJO President Dr. Gaetano Cavalieri has received the 2023 IPMI Jun-ichiro Tanaka Distinguished Achievement Award in recognition of his contribution to the precious metals industry. The award was made by Koichiro Tanaka, CEO of the Tokyo-headquartered Tanaka Group, during the 47th Conference of the International Precious Metals Institute (IPMI) in Scottsdale, Arizona, USA, on June 13. The Jun-ichiro Tanaka

Read More »

6th Platinum BSM from 6 to 7 July

Mumbai: Platinum Guild International-India (PGI) has announced the highly anticipated 6th edition of its prestigious flagship event, the Platinum Buyer-Seller Meet (BSM). The event will be held on 6th and 7th of July 2023 and will bring together official platinum jewellery manufacturers and retailers under the PGI programme to facilitate business growth and networking opportunities. As platinum jewellery continues its aggressive growth

Read More »

GIA India Launches New Program for 1st Time

Mumbai: GIA India has launched the Comprehensive CAD/CAM for Jewelry Certificate Program in India for the first time. This seven-week programme, which commences on June 26, 2023, equips students with the necessary CAD/CAM (Computer-Aided Design/Computer-Aided Manufacturing) skills. Learn more – https://bit.ly/3OVnztX Sriram Natarajan, Managing Director of GIA India said, “The introduction of the Comprehensive CAD/CAM for Jewelry Certificate programme in India

Read More »

SSEF Launches Service for Melee Diamonds

Basel: The Swiss Gemmological Institute SSEF has announced the successful conclusion of validation testing of the ASDI-500, the newest version of the Automated Diamond Spectral Inspection device, developed with Swiss robotics company UNIMEC SA. The system is able to screen very large quantities of round colourless polished melee, detecting and extracting synthetics and simulants from among the natural diamonds. More

Read More »

Gemfields Emeralds Auction Fetches $17.1 Mln.

Jaipur: Gemfields said its auction of commercial quality rough emeralds at the 9th India Rough Gemstone Sourcing Show (IRGSS), organised by the GJEPC, in Jaipur, from 5th to 23rd March 2024 realised total revenues of $17.1 million. Of the 43 lots offered for sale, 40 were sold (93%) at an average price of $4.45 per carat. Adrian Banks, Gemfields’ Managing

Read More »

P N Gadgil Jewellers to Launch IPO

Mumbai: P N Gadgil Jewellers Limited, the second largest among the prominent organised jewellery players in Maharashtra, in terms of the number of stores as on January, 2024, which is the largest market for BIS-registered outlets in India has filed its Draft Red Herring Prospectus (“DRHP”) with market regulator Securities and Exchange Board of India (“SEBI”). The Company’s initial public

Read More »

Call for Direct Flights Between Belgium & India

Mumbai: Diamond traders in Antwerp are calling on Air India to introduce non-stop flights to Delhi and Mumbai, reports idexonline.com. They’ve written to the airline saying the move would save travelling time and allow them to streamline their operations. There is currently no direct service between Belgium and India, two of the world’s biggest diamond hubs. Many passengers change in

Read More »

Gems and Jewellery Show from 2 to 5 April

Mumbai: All India Gem and Jewellery Domestic Council (GJC) announced on Friday that it is organising the 5th edition of its flagship event India Gem and Jewellery Show (GJS April 2024) from 2nd to 5th April 2024 at the Jio World Convention Centre in Mumbai. GJS events are known as the Indian jewellers’ #HamaraApnaShow, and have become a ‘must to attend’ for future

Read More »

Latest Videos