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

Examining Generic Promotion of Natural Diamonds

Milan: The Emmy Awards, the U.S. entertainment industry’s annual celebration of excellence in television, took place virtually on September 20 this year and featured the launch of the first-ever celebrity campaign by the Natural Diamond Council (NDC), the industry body dedicated to promoting the natural diamond category in consumer markets around the world. The star of the series of video

Read More »

Argyle Pink Tender Takes Inspiration from Japan

Perth: Rio Tinto’s annual Argyle Pink Diamonds Tender, the most exclusive diamond sale in the world, has taken its inspiration for its 2020 showcase from the Japanese philosophy of Ichigo Ichie, celebrating the unrepeatable nature of a moment in time. Rio Tinto’s Argyle mine in the remote East Kimberley region of Western Australia produces virtually the entire world’s supply of

Read More »

ISO Sets New Global Standards for Diamond Grading

Milan: CIBJO, the World Jewellery Confederation, has described as ground-breaking the publication by the International Standards Organisation of ISO 24016, the first-ever standard approved by the body that specifies the terminology, classification and the methods to be used for the grading and description of single unmounted polished diamonds. “This is a historic moment for our industry,” said CIBJO President Gaetano

Read More »

WGC's Commitment to Sustainable Development Goals

Mumbai: To coincide with the 75th session of the UN General Assembly – and the SDG Business Forum – the World Gold Council (WGC) has published a report entitled Gold Mining’s Contribution to the UN Sustainable Development Goals. The report outlines how leading gold mining companies are making a significant contribution towards the UN’s Sustainable Development Goals (SDGs). The report

Read More »

Let this Rakshababdhan Shine Brighter with Platinum 

Mumbai: Rakshabandhan has always been a celebration of the quirks, chaos, shared memories and quiet strength that define sibling relationships. Over the years, gifting has become an integral part of the festival – a way to express love, create new memories and celebrate the bond that grows stronger with time. As gifting becomes more personal and thoughtful, platinum jewellery is emerging as a distinctive choice for

Read More »

GJEPC Webinar Explores Niryat Protsahan Support Under Export Promotion Mission

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized a webinar recently to familiarize exporters with ‘Niryat Protsahan’ schemes under the Government of India’s Export Promotion Mission (EPM), with a focus on affordable finance, e-commerce exports and market diversification. The session featured Ms. Trupti Mhatre, General Manager, Export-Import Bank of India (Exim Bank); Mr. Sabyasachi Ray, Executive Director, GJEPC

Read More »

Okavango Diamond Co. Appoints Yoram Dvash as Chairperson

Gaborone: Botswana’s state-owned rough diamond marketing firm, Okavango Diamond Company (ODC), has appointed former World Federation of Diamond Bourses (WFDB) president Yoram Dvash as chairperson of its board of directors. Dvash succeeds Gape Kaboyakgosi, who stepped down in November after leading the board for five years. Dvash brings deep industry leadership to the role, having headed the WFDB from 2020

Read More »

Qatar Diamond Exchange Signs Strategic MoUs

The Qatar Diamond Exchange (QDE) has signed Memoranda of Understanding (MoUs) with the Diamond Exchange of Singapore, the Shanghai Diamond Exchange and the Tokyo Diamond Exchange during the 41st World Diamond Congress in Singapore. The agreements reflect QDE’s strategic focus on developing closer relationships with established diamond markets across Asia and creating new opportunities for trade and cooperation between Qatar

Read More »

Latest Videos