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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Forevermark Launches in Belgium

  Mumbai: Forevermark, the diamond brand from De Beers Group, yesterday announced that it would launch in five jewellery stores in Belgium through a partnership with Gautam Diamonds. Forevermark jewellery will be available in Gautam stores in the historic Grand Place/Grote Markt and Galerie de la Reine/Koninginnegalerij in the city, as well as in three Antwerp Diamonds by Gautam stores

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Spring Summer Trend Report 2020 by Forevermark

Mumbai: Forevermark unveils its Spring-Summer Trend Report for 2020. Developed at Forevermark’s Design and Innovation Centre in Milan, two key themes have been identified to inspire and shape desire for diamonds in Spring Summer 2020. “From finding personal fulfilment, and creating meaningful design, to protecting our precious planet, and the value of empowerment and acceptance, the Forevermark 2020 Trend Book speaks to important truths about the choices we make as we live

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3rd IGJS Concludes with Valuable Interactions

New Delhi: India’s Minister of Commerce & Industry and Railways, Mr. Piyush Goyal inaugurated the 3rd India Gold and Jewellery Summit (IGJS) 2019 in Delhi on 22nd November, assuring members of the industry from different parts of the country who had gathered for the two-day event, that the government will lend its full support to them to enable the industry

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Gemfields Partners with Fashion and Art Worlds

Miami: Gemfields is partnering with Whitewall to present ‘GEOCHROM’ by Sebastien Leon for this year’s Design Miami/ global design forum. The result is an artistic experience that will bring to life the inimitable beauty of responsibly sourced gems, celebrating the unique story within every gemstone. Sebastien Leon is a French Los Angeles-based artist and designer. Through his multi-disciplinary work, Sebastien brings

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ADB to Participate in Int’l Diamond Week

Ramat Gan: The Israel Diamond Exchange (IDE) announced that a delegation of the Antwerp Diamond Bourse (Beurs voor Diamanthandel) will join colleagues from the Diamond Dealers Club of New York to take part in the International Diamond Week at the Israel Diamond Exchange, from Monday, September 1 to Thursday, September 4. “We’re very pleased that the Antwerp Diamond Bourse will

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EGL International Clarifies…

Ramat Gan: EGL International Managing Partner and CEO Guy D. Benhamou has categorically refuted claims made on a regional television station in the United States that EGL’s grading standards were lower than those of its competitors. He added that it was untrue that EGL had been contacted for comment on the case by the TV station as claimed in an

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Rio Tinto showcases “Oculus Rift” technology

Las Vegas: Rio Tinto Diamonds is bringing the mine to the marketplace by using innovative Oculus Rift technology to provide an interactive virtual journey into its Diavik Diamond Mine in the remote Northwest Territories of Canada. The Oculus Rift will debut at the Rio Tinto booth at the world’s largest diamond jewellery trade show, the JCK Luxury Show, in Las

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WDC & KP Sign an MOU

Antwerp: Edward Asscher, President of the World Diamond Council, and Vice Minister Wei Chuanzhong, Chair of the Kimberley Process, signed a Memorandum of Understanding in Antwerp on Friday, May 23, formalizing the agreement for 2014 between the two organizations, according to which WDC finances and operates the Administrative Support Mechanism (ASM) on behalf of the Kimberley Process. The ASM provides

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