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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Top News

Get Diamonds & Jewelers of America Sign Agreement

Antwerp: Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, and Get Diamonds, the world’s largest B2B online diamond marketplace that is backed and supported by the World Federation of Diamond Bourses (WFDB), have announced a Member Benefit Partner agreement. Through this agreement, JA Members now have access to VIP enrollment as well as

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GJEPC Welcomes New Definition of MSME

New Delhi: The Union cabinet has approved further changes to the definition of micro, small and medium enterprises, a Rs 20,000-crore fund to provide equity support to stressed entities in the sector, and equity infusion of Rs 50,000 crore into MSMEs through a fund of funds. As per the new definition, a company with up to Rs 50 crore investments

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India China Block Each Other's Imports-Exports

Mumbai: As the tensions between India and China continue to rise after the military standoff at Ladakh, a fierce trade war between the two countries is looming, and imports and exports are already being affected. ‘India Today’ reports that while in India, the call to boycott Chinese goods is sounding louder and louder, exporters are experiencing trouble to export goods

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NDC to be Truely Consumer Centric: David Kellie

The Diamond Producers Association (DPA) has been recently re launched as the Natural Diamond Council (NDC). The NDC will continue the DPA’s mandate to promote the desirability of natural diamonds and support the integrity of the diamond jewelry industry. CEO of the NDC Mr. David Kellie here talks to gems2jewellery.com about its plans and future strategy. Responding to a question,

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 BDB Hosts RJC Roadshow & Board Meeting

Mumbai: Reinforcing its commitment to global best practices, Bharat Diamond Bourse (BDB) hosted the Responsible Jewellery Council (RJC) Roadshow, bringing together international experts and industry professionals for focused discussions on responsible, transparent, and future-ready practices in the diamond and jewellery sector. Led by Mr. Dave Meleski, Chairman, RJC, the programme featured presentations by Ms. Suzanne Brooks, General Manager – Standards,

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Progress Killed in Pursuit of the Impossible: WDC

Dubai: The World Diamond Council (WDC) yesterday expressed profound regret that a small number of Kimberley Process (KP) Participants blocked consensus on long-awaited reforms designed to strengthen protections for Africa’s diamond-mining communities. For three years, the KP Review and Reform Committee worked on the most ambitious reform effort in more than two decades. That work brought the KP closer than

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Amber Pepper Appointed as CEO of NDC

London: The Natural Diamond Council (NDC) has announced the appointment of Amber Pepper as Chief Executive Officer, effective 1 February 2026. A seasoned global leader in luxury brand transformation, Pepper brings a wealth of experience in driving commercial growth, digital innovation, and consumer-centric storytelling across some of the world’s most respected fashion and retail brands, including senior roles at Tapestry,

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Kirit Bhansali Represents Indian G&J Ind. at India–Israel CEO Forum

Tel Aviv: Mr. Kirit Bhansali, Chairman, GJEPC, attended the India–Israel CEOs Forum on 20th November 2025 at Hotel Dan Tel Aviv, following his nomination by DPIIT, Ministry of Commerce & Industry, Government of India, as a representative from the Indian side. During the visit, he also met Mr. Nir Barkat, Minister of Economy and Industry, Israel. In his address, Mr.

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