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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PGI to Address Changing Needs of Consumers: Vaishali Banerjee

Mumbai: As coronavirus fears continue to rattle markets worldwide, there is the potential for the impact of the virus to reduce platinum demand if it is not contained within months. The demand for platinum jewellery in India could weaken in the following months amid the global onslaught of Covid-19. Platinum market in India has witnessed consistent growth on the back

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IDMA Forms Jeweler Support Network

Mumbai: (By David Kellie, CEO of DPA) As the COVID-19 outbreak continues to disrupt communities and businesses around the world, the livelihood of many people in our industry is at stake. It is in these moments of hardship that we need to work together, support each other, and focus on strategically building the common path to a sustainable recovery. Local

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Partial Work to Begin Outside Containment Zones

Mumbai: In an announcement made on April 15, the Ministry of Home Affairs (MHA), Government of India has said that operations in certain types of industrial units outside of the demarcated containment zones will be permitted after April 20 onwards along with adequate precautions, noted the Gem and Jewellery Export Promotion Council (GJEPC). The list of select additional activities in

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Third Dates Announced for Hong Kong Shows

New dates have been announced for two Hong Kong jewelry shows after they were twice postponed because of coronavirus. The Hong Kong International Jewellery and Diamond Show and its sister event, the Gem & Pearl Show, are now due to take place on 3 to 6 August, with extra Covid-19 precautions. They were originally scheduled for 2 to 8 March,

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Booths Allotted to the IIJS Premiere 2026 Exhibitors

Mumbai: In a single day, 34,000+ booths were successfully allotted to 1,800+ companies, turning booth allocation into a celebration of excitement, anticipation, and new beginnings. Exhibitors now know their place on the grand stage and are eagerly counting down to the biggest B2B jewellery gathering of the year. Excitement filled the air as exhibitors found out their booth locations and

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Customs Export-Import Facilitation Centre at SEEPZ-SEZ Inaugurated

Mumbai: India’s Minister of State for Commerce & Industry Mr. Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone. The inauguration was hosted by Mr. Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mr. Mayur

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Early Bird Discount for “TREASURES”

Lisbon: If you haven’t done so yet, there are still a few days to register with the reduced Early Bird rate and secure your seat for the second edition of TREASURES, an award-winning international colloquium that will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in

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First-Ever Sale of 100% Traceable Artisanal Diamonds from Congo

Antwerp/Kinshasa: Today, fully traceable, artisanal diamonds from the Democratic Republic of Congo were sold on the international market for the very first time in Antwerp. The diamonds, originating from the Kasai region, are part of OrigemA:a Belgian-Congolese initiative that provides artisanal miners with access to international markets, guarantees fair prices, and supports the livelihoods of more than 3 million people. During this first

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