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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
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
Top News
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
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
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
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
Rio Tinto Launches Collection of Argyle Pink Diamonds
Perth: Rio Tinto has launched a new collection of rare pink diamonds from its Argyle diamond mine in the east Kimberley region of Western Australia. Known as the “Argyle Pink Everlastings™ Collection”, this beautiful offering has been curated to showcase the full colour palette of Argyle pink diamonds, weighing 0.14 carats and below. The Argyle Pink Everlastings™ Collection comprises 64
GJEPC Invites Entries for 3rd Artisan Awards
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has announced the participation dates for its 3rd edition of The Artisan Jewellery Design Awards 2020 competition. The Artisan Jewellery Design Awards 2020 invites entries starting today from talented designers across the globe from various design disciplines – fashion, jewellery, architecture, animation, typography and others to inspire the world by creating extraordinary jewel pieces. The last day for artwork submission is 31st October 2019. The theme for this
SSEF Upgrades its Client Services
Basel: The Swiss Gemmological Institute SSEF has become the first gem laboratory worldwide to introduce DNA fingerprinting of ivory as a standard client service. It involves a scientific method that can provide valuable information about the species of ivory being used in jewellery and ornamental objects, in order to determine whether it is CITES-listed elephant ivory or non-listed mammoth ivory.
GAGE College Principal Visits IIG, Mumbai
Mumbai: Mr. Moges Girma, Principal of GAGE College, Addis Ababa, Ethiopia, visited the International Institute of Gemology on the 30th August. 2019. He was keen to see the variety of courses offered by IIG in the gems and jewellery sector, and admired how IIG emphasized on practical training than just theory-based courses. Mr. Rahul Desai hopes to form a new
