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

India-UK BSM 2026 kicks off in London

London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step

Read More »

Forevermark Presents ICON Bracelet Inspired by Abhishek Shama

Mumbai: Forevermark Diamond Jewellery gifted a bespoke ICON bracelet for ace Indian cricketer Abhishek Sharma, a culmination of sports, design & inspiration. The bracelet was designed in association with the cricketer and reimagines the brand’s most recognizable symbol, The North Star- as a bold, contemporary jewellery design.  Set in 18 carat white gold, delicate pavé diamond links connect each ICON element, adding brilliance and refinement throughout.The continuous sequence of icons across the bracelet symbolizes excellence, consistency and enduring value, qualities that reflect

Read More »

CIBJO Publishes 2nd Pre-Congress Special Report 

Milan: With fewer than nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, the report details the establishment of the International Fine Jewellery Academy (IFJA), one of the

Read More »

NRIs Now Cautious Over Gold Purchase

Mumbai: Non-resident Indians (NRIs)who usually buy gold in India during their visits and stash the yellow metal away in lockers have become cautious after the recent government directive on accumulation of the precious metal. Jewellers said purchases by NRIs have fallen 30-40% after the government said jewellery or ornaments bought with explained sources of income will not be taxed, but

Read More »

Biennial Meeting of WFDB & IDMA in Mumbai

Antwerp: The 2017 Presidents Meeting, the biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai from February 5 to 8, 2017. The Presidents Meeting starts off the WFDB’s year of celebrations for its 70th anniversary and will also feature a major Diamond Financing Seminar and Roundtable. The

Read More »

GJSCI Launches Jewel Talks

Mumbai: Gem and Jewellery Skill Council of India (GJSCI) launches a monthly interactive platform “Jewel Talks” that brings industry veterans on a stage set for talent, pursuing career in the gems and jewellery industry. The first Jewel Talk session, held at IIGJ, Mumbai was mindful and the speakers gave their views on the Gems and Jewellery industry. The event was

Read More »

Gemfields Delays Auction Over India Cash Crunch

Mumbai: Gemfields has pushed back a sale of higher-quality emeralds by two months to enable Indian buyers to adapt to the government’s decision to invalidate higher-value currency notes, according to Rapaport. The auction of stones from the Kagem mine in Zambia will now take place in February, whereas it was previously scheduled to be held this month in Singapore. India

Read More »

Latest Videos