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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SODIAM Gets Interest from 5 major Auction Houses

Luanda: SODIAM has received interest from 5 global tender and auction houses related to the development of these services in the soon to be established Angolan Diamond Bourse (ADB). Hon. Diamantino Azevedo said, “Angola today has 14 active mining sites and has produced a total amount of 9.086 million carats in 2019 for an estimated value of US$1.263 billion. One

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…Giving Disabled Namibians a Bright Future

Windhoek: There have always been conversations around ‘disability’ and the word ‘disabled’. Who are the disabled? What is the definition of the word disability? What are organizations doing to weave them into the mainstream workforce? Diversity and inclusion does not only pertain to gender but also people with different abilities. They are differently-abled and not disabled. This is what Namibian

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India to Boost G&J Trade through E- Commerce

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in the past few years, has been actively pursuing projects and policies that could lead to a manifold increase in India’s outbound gem and jewellery trade. Aligning with the Prime Minister Mr. Narendra Modi’s vision of making the smallest of towns and villages active participants in the country’s export efforts, the

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Webinar on ‘November Birthstones Topaz & Citrine’

Mumbai: GIA India organised the Knowledge Webinar ‘November Birthstones: Topaz and Citrine’ for members of the gem and jewellery trade across India. More than 60 participants attended this webinar to learn important information about the two birthstones for November. GIA India Instructor Vijay Parmar shared insights on the sources, history and quality factors of topaz and citrine. The webinar also presented

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Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

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Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

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NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

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‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

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