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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First Pre-CIBJO Congress Special Report

Milan: With nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the first of the pre-congress Special Reports has been released. Prepared by the CIBJO Sustainable Development Commission, headed by John Mulligan, the report considers both the challenges and opportunities presented to the jewellery industry as government regulations concerning social

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Gold Faces Pivotal H2 as Geopolitical Risk

New York: After a volatile start to the year, gold now faces a pivotal second half that will be shaped by unpredictability from geopolitics, rates, and investor sentiment, according to the Gold Mid-Year Outlook 2026 released by the World Gold Council (WGC) recently. Gold set more than 12 all-time highs and reached a record US$5,405/oz in late January before pulling

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Nearly 80% of Belgian Diamond Traders Pass First-Ever Anti-Money Laundering Exam 

Antwerp: For the very first time, the Belgian FPS Economy and the Antwerp World Diamond Centre (AWDC) organized a large-scale anti-money laundering (AML) exam for Belgian diamond traders. The sector delivered strong results, with nearly 80%of the 196 participants passing the test. The exam, which assesses knowledge of Belgian AML obligations, is part of broader efforts to further strengthen compliance

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Gemfields CEO to Step Down: Ruby Auction Fetches $23.1 Mln.

London: Gemfields Group recently announced that its CEO Mr. Sean Gilbertson will step down by mutual agreement on 15 July 2026, with Chief Financial Officer Mr. David Lovett appointed Interim CEO while retaining his current role. The Board has begun the process of identifying a permanent successor. The announcement coincided with the results of Gemfields’ inaugural Trade Select ruby auction,

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Guangdong Gems & Jade Ex'ge. Joins JNA Awards

Hong Kong: The Guangdong Gems & Jade Exchange has joined the ranks of distinguished enterprises and organizations that are proud partners of the JNA Awards. Organized by JNA (Jewellery News Asia),  the prestigious awards programme recognizes and honours individuals and companies that have demonstrated innovation, sustainability, excellence and best business practices in the jewellery and gemstone industry. The event is

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Fifth Israel Diamond Week in New York

Ramat Gan: Building on past success, the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC) will be holding the fifth Israel Diamond Week in New York from October 31 – November 2, 2016. As in the previous events, the upcoming edition will be held on the trading floor of the Diamond Dealers Club of New

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Second LatAm Diamond and Jewelry Week Opens

Panama: The Second Latin American Diamond and Jewelry Week opened yesterday at the World Jewelry Hub (WJH) in Panama City, in the presence of government and industry leaders, as well as buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and around the world. The guest of honor at the opening ceremony

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Gemfields Joins JNA Awards ’16 as Headline Partner

Hong Kong: Gemfields, the world’s emerald, ruby and amethyst miner, has joined the distinguished list of sponsors for the 2016 edition of the JNA Awards. The awards programme aims to promote and uphold excellence in innovation, creativity, leadership, sustainability and business practices. The London-listed, multinational mining company joins Rio Tinto Diamonds and Chow Tai Fook as a JNA Awards Headline

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