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

Yoram Dvash Elected Acting President of WFDB

Antwerp: Mr. Yoram Dvash, President of the Israel Diamond Bourse, was yesterday unanimously elected as the Acting President of the World Federation of Diamond Bourses (WFDB). “The diamond industry like all other industries is going through a very difficult time due to the coronavirus pandemic that has struck so much devastation in human, as well as business terms, across the

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No Quarterly Index for Fancy Color Diamonds

New York: Due to the COVID-19 pandemic, for the first time since its inception in 2015, the Fancy Color Research Foundation (FCRF) will not publish the Fancy Color Diamond Index (FCDI) for Q1 2020. The FCRF had concluded the quarterly data collection process from its data suppliers and learned that the volume of transactions conducted in this quarter was not

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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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IIJS Bharat Signature Pillars Honoured

Mumbai: Behind the scale and precision of IIJS Bharat Signature 2026 lies months of planning and on-ground execution by teams who rarely step into the spotlight. At the ceremonial opening at the Bombay Exhibition Centre, NESCO, GJEPC recognized these efforts through the felicitation of the IIJS BharatPillars, honouring individuals whose behind-the scenes work shapes the show year after year. Those

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IIJS Bharat Signature Opens at BEC

Mumbai: The grand ceremonial opening of the Bombay Exhibition Centre (BEC) on 9th January marked a defining moment for IIJS Bharat Signature 2026, bringing together industry leadership, diplomacy and retail at onestage. The occasion reinforced why the first global gem & jewellery show of the year remains the trade’s early year barometer, not just for sentiment, but for direction. Speaking

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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

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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

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