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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Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

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Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

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NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

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‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

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United Nations Publishes CIBJO Statement

Milan: The Office of the United Nations (UN) Secretary General has announced the publication of statements delivered by NGOs affiliated to the UN Economic and Social Council (ECOSOC), for the High-Level Political Forum on Sustainable Development that is currently taking place. Only 179 statements from the more than 5,400 NGOs affiliated to ECOSOC were published, and among them was the

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WDC President Applauds GemFair-GIZ-MRU Agreement

New York: Mr. Edward Asscher, President of the World Diamond Council (WDC), has expressed the WDC’s strong support for an agreement announced yesterday by the De Beers Group’s GemFair initiative, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and the Mano River Union (MRU), according to which the three bodies will collaborate in the development and delivery of a regional training

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New Dates Announced for JGW and JGA

Hong Kong: Informa Markets – Jewellery is rescheduling Jewellery & Gem WORLD Hong Kong (JGW), the industry’s leading B2B fine jewellery event, for 9 – 13 November 2020 at the AsiaWorld-Expo (AWE). The fair organiser is also preparing to launch a customised digital event service later this year, which is designed to meet the unique needs of the jewellery industry and enhance the exhibitor discovery

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Gemfields’ Final Film Explores July’s Birthstone

Mumbai: Gemfields has released fourth and final instalment in its short film series devoted to coloured gemstones. Fittingly, this one is all about the ruby – the vibrant birthstone for the month of July. Representing passion, prosperity and protection – early warriors would even carry them into battle – rubies hold a special place in the hearts of many, their

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