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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IIJS Bharat Premiere 2026 Crosses 25,000 Registrations

Mumbai: IIJS Bharat Premiere 2026 surpassed 25,000 visitor registrations, marking a strong response from the domestic and international jewellery trade. In view of the milestone, GJEPC has extended the Phase 1 visitor registration deadline to 10 July 2026, giving buyers and trade visitors additional time to register at the current rates before the next pricing phase. IIJS Bharat Premiere 2026,

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Antwerp Presents Ring with 321 Natural Diamonds to the US 

Antwerp: During the celebration of the 250th anniversary of the United States (US) in the Parc du Cinquantenaire in Brussels, the Antwerp diamond sector presented an exclusive ring set with 321 natural diamonds to U.S. President Donald Trump. The ring symbolizes the historic trade relationship between Antwerp and the United States – for decades the most important export market for

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From London to Athens, GJEPC Builds New Export Opportunities

London: Representing India’s gem & jewellery industry (G&J), the Gem & Jewellery Export Promotion Council (GJEPC) Vice Chairman Mr. Shaunak Parikh joined the high-level business delegation led by India’s Commerce & Industry Minister Mr. Piyush Goyal to the UK and Greece. In the UK, GJEPC championed the industry’s priorities as the India–UK FTA paves the way for gem & jewellery

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Candere Announces Smriti Mandhana as its New Brand Ambassador

Mumbai: Candere, the lifestyle jewellery brand from the House of Kalyan Jewellers, has announced celebrated Indian cricketer Smriti Mandhana as its new brand ambassador. Joining Shahrukh Khan as the face of the brand, Smriti’s association marks a significant step in Candere’s journey to strengthen its connect with young, modern Indian consumers. One of India’s most accomplished cricketers, Smriti has built

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Diamonds Hold Promise for Better future for Africa

New York: Diamond-producing countries on the African continent received about $8.1 billion, or 9.5 percent of the $85.9 billion worth of revenues generated by diamond jewelry in 2018, and some still may consider that an insufficient share, said World Diamond Council (WDC) President Stephane Fischler, speaking at the Russia-Africa Summit in Sochi, Russia, on October 23, 2019. But what is indisputable, he stressed,

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IIGJ Mumbai Hosted 13th Convocation Ceremony 2019

Mumbai: The Indian Institute of Gem and Jewellery (IIGJ) Mumbai witnessed a landmark celebration for its 13th Convocation Ceremony for the award of Degree in Bachelor of Arts (Gems & Jewellery) 2019 along with parents, students and esteemed guests. The Institute acknowledged the success and achievement of the graduating students for their sustained hard work, perseverance and dedication by awarding them trophies

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CIBJO Releases Gemmological Special Report

Milan: With fewer than four weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Gemmological Commission, headed by Hanco Zwaan, it considers measures that should be taken to ensure that a person reading a laboratory report

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De Beers' Diamond Production Down by 14% in Q3

London: De Beers’ diamond production decreased by 14% to 7.4 million carats in the third quarter of 2019 due to planned mine closures and the underground transition at Venetia, in South Africa, says Anglo American, which has a controlling stake in the group. The diamond giant also continues to produce to weaker market demand due to macro-economic uncertainty as well

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