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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Senco Gold Opens Store in Bhubaneshwar

Bhubaneshwar: Senco Gold & Diamonds marked the beginning of the festive season with the grand launch of its flagship Janpath store in Bhubaneswar, inaugurated by actor Ms. Rakul Preet Singh. The occasion brought together festive glamour, timeless craftsmanship and contemporary design, offering customers an early glimpse into the season’s most coveted jewellery trends, from statement natural diamond creations for weddings

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Ekati Diamond Mine to Close Following Unsuccessful Sale Process

Toronto: Canada’s Ekati diamond mine is set to cease operations after owner Burgundy Diamond Mines failed to secure a buyer for the asset during a court-supervised sale process. According to documents filed with the Supreme Court of British Columbia, the sale process did not attract any compliant bids, leaving the company without the funding needed to continue operations. Burgundy has

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IIJS Bharat Premiere Receives Message from PM

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is organizing the 42nd edition of IIJS Bharat – Premiere from 5th to 9th August 2026 at Jio Convention Centre, BKC and from 6th to 10th August at the NESCO, Goregaon, Mumbai. On this occasion, India’s Prime Minister Mr. Narendra Modi has sent a special message to the GJEPC wishing the

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IIJ Awards on 2nd October in Mumbai

Mumbai: The India International Jewellery Awards (IIJA), an initiative by IBJA (India Bullion and Jewellers Association Ltd.) & Tefla’s is back—bringing together industry excellence, inspiring stories, and a distinguished celebrity jury. A $90B+ industry — and until now, no single honour platform that recognized all of it: from the master karigar at the workbench to the global icon whose work

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HRD Antwerp Announces New CEO

InAntwerp: After a long period of uncertainty, HRD Antwerp is looking to the future with a new and ambitious CEO. Ellen Joncheere, formerly the General Manager at Fremach, will be the new CEO at HRD Antwerp as of January 20th. The current interim CEO, Michel Janssens, will be retiring next summer. Ellen has worked in a wide range of other

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Mediterranean Gemmological & Jewellery Con. from May 15

Vancouver: The organisers of the Sixth Mediterranean Gemmological & Jewellery Conference, to take place in Thessaloniki, Greece, from May 15-17, have announced the top-level speakers taking part in the event. The overall theme of the 2020 conference will be ‘Valuation and Marketing Of Diamonds And Gems’, and the gathering will also feature seven parallel workshops. The conference has grown in

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First Ever IJES Successfully Organized by GJSCI

Mumbai: The 1st edition of India Jewellery Excellence Symposium (IJES) an initiative of the Gem & Jewellery Skill Council of India (GJSCI) was held in Mumbai on January 8th & 9th, 2020. GJSCI works towards the advancement of the gems and jewellery industry through its various skilling initiatives all over India. It covers skilling under all the areas and functions

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New Gold Hallmarking Process Started from 15th Jan

New Delhi: Government of India has made the process of hallmarking of gold jewellery mandatory from 15th January, 2020, but it will give one year’s time to jewellers to register themselves with the Bureau of Indian Standards (BIS) and clear their old stock. A notification to make mandatory hallmarking of gold jewellery from 15 January 2021 will be issued by the Consumer

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