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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PNG Jewellers to Donate PPE Kits to Hospitals in Pune

Pune: PNG Jewellers, as part of its corporate social responsibility and community outreach, will donate 500 PPE Kits for doctors and support staff at 3 hospitals in Pune city to strengthen our first line of defence against the menace of the COVID 19 virus. The company has started the distribution of PPE kits which include Hand gloves, Masks, safety goggles, Full body covering gowns, Bedsheets to

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CIBJO Makes all Blue Books Available Free of Charge

Milan: With the international jewellery and gemstone industry grappling with the challenge of a worldwide economic shutdown, instituted by governments in response to the COVID-19 coronavirus pandemic, CIBJO has announced that it will no longer be charging for downloads of its Blue Book series of industry standards and nomenclature.   The CIBJO Blue Books are definitive sets of grading standards

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Lockdown in India Extended till May 3, 2020

New Delhi: India’s Prime Minister Mr. Narendra Modi has extended lockdown in the country till 3rd May, 2020. In his address to the nation today, Mr. Modi announced that based on the suggestions of the state governments and the experts the nationwide lockdown has been extended till May 3. He added that till April 20 all districts, localities, states will

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Entry Deadline for JNA Awards Extended

Hong Kong: The JNA Awards is giving interested participants more time to submit their entries for its 9th edition owing to challenges brought about by the Covid-19 pandemic. “As the world is facing an unprecedented challenge due to the outbreak of Covid-19, the JNA Awards has postponed the entry deadline to May 22 to allow more time for preparation,” revealed event organiser

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Registrations for CIBJO Congress Now Open

Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026.  The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.

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World Diamond Congress from 12 to 15th July in Singapore

Singapore: As the Organizing Committee of the 41st World Diamond Congress (WDC) is finalizing the preparations for World Diamond Congress to be held for the second time in the Island City. The Congress venue has been moved from Marina Bay Sands to the iconic, eco-chic PARKROYAL COLLECTION Marina Bay hotel . “This venue offers a more intimate, sophisticated, and beautifully sustainable setting for our

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India-Oman CEPA Comes Into Force

Muscat: The India-Oman Comprehensive Economic Partnership Agreement (CEPA) has come into force on 1 June 2026, ushering in a new phase in bilateral trade relations and creating fresh export opportunities across sectors including gems and jewellery, engineering goods, textiles, agriculture, pharmaceuticals and services. Signed on 18 December 2025 following negotiations launched in November 2023, the agreement grants India duty-free market

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More Indian Women are Choosing Natural Diamonds 

 Mumbai: The domestic natural diamond jewellery market continues to witness strong growth momentum, with the country emerging as the world’s second-largest diamond jewellery market. India contributes 12% of global diamond jewellery demand, up from 10% in 2019, surpassing both China and Japan. According to a recent study, ownership of natural diamond jewellery among Indian women has increased from 11% in

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