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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
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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2nd Virtual IGCM Explores Opportunities with Colombia
Mumbai: After the successful India Global Connect meet with the UK, India’s Gem and Jewellery Export Promotion Council (GJEPC) organised the second edition of the India Global Connect Meet (IGCM) with Colombia on 28th October. His Excellency Sanjiv Ranjan, Ambassador of India to Colombia; Mr. Suresh Kumar, Joint Secretary, MOCI; Mr. Jaime Mantilla, Executive President of the Colombia India Chamber of Commerce
GTL, Jaipur Recalibrates to Offer World-Class Services
Jaipur: The Gem Testing Laboratory (GTL), Jaipur being operated by the Gem & Jewellery Export Promotion Council (GJEPC) for 48 years at Rajasthan Chamber Bhawan, M.I. Road has taken a leap, turning into a world-class laboratory, with infrastructure at par with most of the internationally established and renowned gemmological laboratories. The laboratory is now housed in a sprawling 10,000 sq
India’s Gold Jewellery Demand Halves in Q3: WGC
Mumbai: India’s total gold demand in Q3 2020 was down 30% to 86.6 tonnes year-on-year, which underscores the likelihood that the country may register its lowest annual gold consumption on record, according to the World Gold Council (WGC). Third-quarter demand was nonetheless 35% higher than Q2 2020 partially due to easing of lock down and some low prices in August
KGK Group Won 2 Meritorious Titles at JNA Awards
Hong Kong: KGK Group has won two meritorious titles at the recently held JNA Awards 2020. “We are delighted to have a long-standing association with the JNA Awards. This initiative gives us a valuable opportunity to connect ourselves with various industry partners and associates that demonstrate innovation, creativity, outstanding leadership, sustainability and best business practices.” states Mr. Sanjay Kothari, Vice Chairman,
IIJS Bharat Signature 2026 Inaugurated at JIO
Mumbai: As the first global jewellery show of the year, Signature once again became the place where expectations for the months ahead began to take shape. The Show was thrown open at the JIO World Centre, BKC, Mumbai on 8th January. In his opening remarks, Mr. Kirit Bhansali, Chairman, GJEPC positioned 2026 as a pivotal year for the sector, marked
Candere Opens Three Stores in Maharashtra
Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Maharashtra with the launch of three new stores in Kandivali, Nashik, and Kolhapur. These new additions further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched stores mark Candere’s
IIJS Bharat Signature 2026 Opens on 8th Jan
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention
IIJS Signature 2026: Setting the Tone for a Confident Indian G&J Ind.
Mumbai: (By Suresh Chotai) As the global jewellery industry navigates shifting consumer preferences, geopolitical uncertainties, and evolving supply dynamics, India continues to stand tall as a resilient, design-led, and manufacturing-driven powerhouse. IIJS Bharat Signature 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to open the year (from 8th to 12th Jan) with renewed optimism, strategic
