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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Second edition of “TREASURES” in Lisbon

Lisbon: The second Edition of TREASURES, an award-winning international colloquium, will take place under the patronage of the President of the Republic of Portugal at the Royal Treasure Museum, Palácio Nacional da Ajuda, in Lisboa, Portugal, November 13-14, 2026. The theme of this year’s edition is “Crowns and Tiaras.” During the two-day colloquium, participants will enjoy presentations by a choice

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GJC Gets New Office in Mumbai

Mumbai: The All India Gem & Jewellery Domestic Council (GJC), representing over six lakh jewellers across India, marked another significant milestone in its journey with the inauguration of its new office at Trust House, Parel East, Mumbai. Over the past two decades, GJC has emerged as a leading national trade body advocating policy reforms, promoting transparency, encouraging responsible trade practices,

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High Gold Prices, Advantage Platinum Jewellery

Mumbai: As gold and silver prices soar to record highs in 2026, driven by import duty hikes and strong market demand, platinum jewellery is emerging as a premium yet increasingly competitive alternative. With gold prices exceeding ₹1 lakh per 10 grams, the relative price difference for rare, durable platinum has narrowed, making it a compelling choice for consumers seeking luxury

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GJEPC Takes Bold Stance on Recent Hike in Import Duty

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) acknowledged the Government’s decision to raise gold import duty to 10% from 5% and Agri cess to 5% from 1%. An official statement issued by the organization says, “As an industry, we remain committed to the spirit of ‘Nation First’ echoed by Honorable Prime Minister Mr. Narendra Modi. In response to

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LOVE Takes Over Platinum this Valentine’s Day

Mumbai: Love deserves an expression. But do phrases like “falling for you”, “blinded by love”, “head over heels”, “madly in love” hold true today? Are they relevant? Is that what we want love to feel like in a modern world that aspires for equality, empowerment & respect for individuality? A state where one loses one’s sense of rational thinking, is

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New Valentine's Day Collection in Rare Platinum

Mumbai: What you do in the name of love matters. And Valentines’ Day is that one day in the year that individuals in love express their feelings in the most unique and creative ways. Expressions of love around this month of love are often cluttered with clichéd actions. Dinner dates, flowers and chocolates, grandiose gestures, but ever stopped and wondered

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Budget Has Disappointed Lakhs of Jewellers: GJC

Mumbai: India’s jewellers are expecting a reduction in import duty of gold and a cut in income tax for the common people in the recently presented Union Budget to spur demand. But the Government has not proposed any proposals that can give boost to the already prevailing sluggishness in the trade. Reacting to the budgetary proposals, Mr. Anantha Padmanaban, Chairman, All

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GJEPC Organized Seminars on Union Budget 2020

Surat: The Gem & Jewellery Export Promotion Council (GJEPC), Surat and RSM Astute jointly organized two seminars to analyse the Union Budget 2020 and discuss its implications for the gem and jewellery industry. The first was held on February 3, and a second session, covering the same theme, was held on February 4, due to the overwhelming response from the

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