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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Kirit Bhansali Joins India’s High Level Delegation

Mumbai: Mr. Kirit Bhansali , Chairman of India’s Gem & Jewellery Export Promotion Council (GJEPC), joins Mr. Piyush Goyal , Hon’ble Minister of Commerce & Industry; Dr. S. Jaishankar , Hon’ble Minister of External Affairs; Mr. Jitin Prasada , Hon’ble Minister of State for Electronics & Information Technology and Commerce & Industry; and Ms. Karen Rentmeesters , CEO, AWDC, at

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First Jewellery Export Consignment to the UK Under India–UK CETA

Mumbai: Mumbai, India’s financial capital and the country’s premier hub for gem and jewellery exports, yesterday marked a historic milestone with the flagging off of the first jewellery export consignment to the United Kingdom under the India–UK Comprehensive Economic and Trade Agreement (CETA). The Mumbai flag-off forms part of a nationwide initiative being held across Delhi, Surat, Jaipur, Chennai and

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IIJS Premiere: Overseas Buyers Passport Scheme for Int’l Buyers

Mumbai: For the IIJS Bharat Premiere 2026, the Gem and Jewellery Export Promotion Council (GJEPC) has launched an exclusive Overseas Buyers Passport Scheme. Participating International buyers can win a fixed flight reimbursement of USD 525 through a lucky draw. This initiative has been designed to encourage overseas buyers to explore a wider range of exhibitors across the show, thereby fostering

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India-UK Buyer Seller Meet Concludes Successfully

London: The India-UK Jewellery Buyer-Seller Meet 2026 concluded successfully, bringing together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers to explore new business opportunities and strengthen bilateral trade ties. Held at the Arsenal Executive Box, Emirates Stadium, London, the two-day meet served as a dynamic platform for meaningful networking, strategic partnerships, and high-value business discussions. With the

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DPA Partners with Saffron Art

Mumbai: Diamond Producers Association (DPA), an international alliance of the world’s leading diamond mining companies, has partnered with Saffron Art, an international auction house that embraces and drives change. Continuing with their efforts of promoting real diamonds, DPA is sponsoring the biennial jewellery conference, Dialogues in Art; with the theme being ‘Mapping the legacy of Indian Jewels’ as an Ode

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CIBJO Releases Coloured Stone Special Report

Milan: With fewer than six weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the fifth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Coloured Stone Commission, headed by Charles Abouchar, the report looks at opportunities provided by new technologies, and also at the vexing issue of gemstone variety

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Gemfields Hosts Introductory Course in Gemstones

London: Gemfields hosted a one-day introductory coloured gemstone seminar in London recently with industry experts. A panel of speakers – including specialists in sustainability, jewellery and gemmology– addressed sales and retail staff from key jewellery brands, lifting the lid on the charm, attraction and complexities of rubies, emeralds and sapphires, the three most coveted coloured gemstones. The latest adaptation of

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Be Vigilant against Diamond Purchase from CAR: WDC

Antwerp: The World Diamond Council, on the eve of its AGM in Antwerp has reiterated its call to members of the industry to practice the utmost caution when considering the purchase of goods that are known to have originated or are suspected to have originated in the Central African Republic (CAR). It said that legitimate purchases can be made only

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