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

Botswana's Diamond Sales Down by 64%

Gaborone: Botswana, the world’s top diamond-producing country by value, saw Q2 sales fell down by almost two-thirds because of coronavirus. Pandemic-related travel bans and reduced outputs resulted in sales of just $294m, down 64% from $807m for the same period in 2019, according to Bank of Botswana data. First quarter sales for 2020, before the full impact of the pandemic was felt,

Read More »

GJEPC Seeks Special Assistance from MSME Ministry

Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) made a representation on the key focus areas pertaining to Gems & Jewellery to the Micro, Small and Medium Enterprises (MSMEs) sector to  Mr. Nitin Gadkari, Minister of MSME, Government of India, on 6th August. Through a virtual meet, Mr. Colin Shah, GJEPC Chairman and Mr. Vipul Shah, Vice Chairman, briefed

Read More »

GJEPC to Organise First-Ever BSM in Virtual Format

Mumbai: Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for the promotion of gems and jewellery, will be hosting their Buyer and Seller Meet (BSM) for the first time in a virtual format, amidst the ongoing COVID-19 pandemic. The virtual format of this unique buyers and sellers meet will give an opportunity for Indian domestic jewellery

Read More »

WGC Launches Retail Gold Investment Principles

Mumbai: The World Gold Council (WGC) the market development organisation for the gold industry, has launched its new Retail Gold Investment Principles (RGIPs). These Principles are designed to set the bar for product providers across the global retail gold market and further encourage retail investors to place their trust in gold. The RGIPs will provide high-level, best practice principles for

Read More »

India-UK BSM 2026 kicks off in London

London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step

Read More »

Forevermark Presents ICON Bracelet Inspired by Abhishek Shama

Mumbai: Forevermark Diamond Jewellery gifted a bespoke ICON bracelet for ace Indian cricketer Abhishek Sharma, a culmination of sports, design & inspiration. The bracelet was designed in association with the cricketer and reimagines the brand’s most recognizable symbol, The North Star- as a bold, contemporary jewellery design.  Set in 18 carat white gold, delicate pavé diamond links connect each ICON element, adding brilliance and refinement throughout.The continuous sequence of icons across the bracelet symbolizes excellence, consistency and enduring value, qualities that reflect

Read More »

CIBJO Publishes 2nd Pre-Congress Special Report 

Milan: With fewer than nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, the report details the establishment of the International Fine Jewellery Academy (IFJA), one of the

Read More »

Latest Videos