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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GJEPC Launches Short Films to Boost Jewellery Demand

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) continues to strive to strengthen the industry and boost demand for gem and jewellery. With the aim to help IIJS retailers reach out to their customers during this Dhanteras, GJEPC has introduced an exclusive series of 10 short promotional films. 5 films each on Gold and Diamond Jewellery based around different day-today situations emphasising

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Labourers in India Unearth 2 Diamonds worth 90 Lakh

Bhopal: Two labourers became millionaires after they unearthed two diamonds weighing 7.44 and 14.98 carats at mines in Madhya Pradesh’s (India) Panna district, an official said on Tuesday. Dilip Mistry extracted the 7.44 carat stone from a mine in Jaruapur, while Lakhan Yadav mined a 14.98 carat one in Krishna Kalyanpur area, diamond inspector Anupam Singh said. The stones were

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"Get-Diamonds" 1st to Introduce Provenance Section

Antwerp: Get-Diamonds, the world’s largest online marketplace for B2B diamond trading, will be the first platform to introduce a Provenance section, where only fully traceable diamonds will be listed. The ALROSA Provenance program will be the first to offer polished diamonds with proven guarantees of origin within this section. The ALROSA program provides buyers with access to a fully traceable,

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Yoram Dvash Elected Chairman of IDI

Ramat Gan: Mr. Yoram Dvash, the outgoing President of the Israel Diamond Exchange (IDE), was elected yesterday as Chairman of the Israel Diamond Institute (IDI) by the IDI Board of Directors for a three year term. Dvash replaces Boaz Moldawsky, who resigned the position last week. Mr. Dvash said that when he announced that he was stepping down as IDE

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BIS Reserves “Diamond” for Natural Diamonds

Mumbai: The Indian gem and jewellery industry has long faced challenges arising from the use of multiple, inconsistent, and often ambiguous terms to describe diamonds and their alternatives—particularly in digital and e-commerce environments. This lack of formal guidance has contributed to consumer confusion and inconsistent disclosure practices across the market. The Natural Diamond Council (NDC) welcomes the adoption of IS

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‘Quantum Couture’ is the Theme for Artisan Awards 2026

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has officially announced the theme for the prestigious Artisan Jewellery Design Awards 2026, “Quantum Couture – Re-Engineering Beauty and Cultural Codes.” Launched as a call to push boundaries, the 2026 edition invites designers to move beyond convention and create wearable art for a radically evolving world—where jewellery design, legacy and technology

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GJEPC Proposes Pre-Budget Recommendations

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body representing India’s gem and jewellery sector, has proposed its pre-Budget recommendations to Hon’ble Finance Minister Smt. Nirmala Sitharaman, outlining key policy measures to boost India’s export competitiveness, enhance ease of doing business, and support the industry’s resilience amid global headwinds. India’s gem and jewellery exports, valued at USD

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Platinum Jewellery Shines at Golden Glob Awards

Mumbai: Platinum jewelry played a defining role in many of the most memorable red-carpet looks at the 83rd Annual Golden Globe Awards. Chosen for its naturally white luster, exceptional strength, and ability to securely showcase diamonds and colored gemstones, platinum once again proved why it remains the foundation of fine jewelry at the world’s top awards shows. Celebrities and their

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