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

Global Jewellery Industry Meets at IIJS Bharat Premiere 2026

Mumbai: Over 2,700+ international visitors from 80+ countries & 50,000+ trade visitors are set to converge in Mumbai for the most anticipated gathering of the global jewellery industry. Among them is Suzan Von Zahn of SVZ Jewellery, South Africa, who shares her excitement about attending IIJS Bharat Premiere 2026 and exploring the exceptional craftsmanship and business opportunities the show has

Read More »

A Golden Milestone in India–Oman Trade Relations

Kolkata: Marking a significant step in strengthening bilateral trade ties, the first gold jewellery export shipment from Kolkata to Oman was successfully dispatched under the India–Oman CEPA framework. India’s gems & jewellery exports to Oman currently stand at -USD 35 million, including ~USD 10 million in gold jewellery. Exports could reach nearly USD 150 million over the next three years.

Read More »

De Beers Shares Latest Research on US Consumer Trends

London: Natural diamonds are the most desired luxury jewellery product, average purchase prices have increased 25%, Gen Z is now the second largest generation buying diamonds, and non-bridal occasions account for three-quarters of overall US demand. These are some of the key findings of De Beers Group’s latest US Diamond Acquisition Study, featuring responses from 18,500 women aged 18 –

Read More »

FTAs Offer Immense Export Opportunity for Indian Jewellery

Jaipur: The Department of Commerce, Ministry of Commerce & Industry, Government of India recently organized a focused outreach programme on “Leveraging FTAs for the Gems & Jewellery (G&J) Sector” in Jaipur, in partnership with the Gems & Jewellery Export Promotion Council (GJEPC). Exporters, manufacturers, MSMEs and other industry stakeholders participated in the programme. The workshop is part of the Government’s

Read More »

IIJS Virtual to be Orgnaised in October 2020

Mumbai: India International Jewellery Show (IIJS Virtual), the digital edition of Gem and Jewellery Export Promotion Council (GJEPC’s) flagship August show, is scheduled in October, this year. Inspite of the pandemic that has crippled India’s economy, IIJS Virtual show has already created a buzz among industry circles, with initial exhibitors’ interest exceeding expectations. Like many industries, the jewellery industry too

Read More »

The WDM Releases its first Proprietary Publication

London: The World Diamond Museum (WDM) announced the publication of the museum’s first book in the series of Facets of Mankind publications, named “Diamonds Across Time.” The unveiling of the book coincides with the First Virtual World Diamond Congress that is held September 14-15. The book was compiled and edited by the World Diamond Museum’s chief curator and world renowned

Read More »

YD Kicks-Off 1st Virtual World Diamond Congress

Antwerp: A lively meeting of the World Federation of Diamond Bourses (WFDB) Young Diamantaires (YD) group yesterday led the first day of meetings of the 39th World Diamond Congress. This was the first meeting of the YD held in the framework of a World Diamond Congress. The video meeting was attended by over one hundred YD members from around the

Read More »

India's G&J Exports on Recovery Path

Mumbai: India’s gems and jewellery exports have shown signs of recovery and has registered at USD 1764.06 Million in August 2020, as compared to USD 36 Million in April 2020. The recovery is due to growth in demand for diamonds and jewellery in international markets like US, China, Europe etc. which have opened for trade. However, as compared with a

Read More »

Latest Videos