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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KP Intersessional Meeting Concludes Successfully

Mumbai: India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting which started on 17th June and concluded on 21st June 2019. The Kimberley Process Certification Scheme (KPCS) Intersessional Meeting 2019 is an annual mid-year event of KPCS – a tri-partite mechanism that unites participating governments, diamond industry and civil society. KPCS is an international mechanism mandated by UN to reduce the

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CaratLane Launches its Fourth Store in Kolkata

Kolkata: CaratLane – A Tanishq Partnership, India’s leading omni-channel jeweller has launched its 4th store in Kolkata, taking the store count to 8 in the Eastern region of India and 61 across the country. Since its inception, CaratLane has revolutionised how Indian women buy and wear fine jewellery, by making modern, beautiful designs accessible to all. Situated at City Center 1, Salt Lake, a prominent residential

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Mega CFCs Planned for Mumbai, Kolkata & Other Cities

Mumbai: A Special Forum on “Artisanal Mining: From Smaller Steps to Larger Outcomes” was held at the ongoing five-day Kimberley Process Intersessional Meeting 2019 in Mumbai today. The session provided the participants a glimpse of various opportunities and challenges facing the sector and expressed solution ideas drawn from experiences within as well as outside the sector. Senior Economic Advisor, Department

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De Beers Ties up with IIG India for Education

Mumbai: De Beers Group Institute of Diamonds is pleased to announce that it is partnering with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout India. The IIG has been operating for more than 50 years and is recognised as a leader in gemology and in diamond and jewellery education in India. Jodine Perrin, Director

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Namibia Delegation Explores Direct India Diamond Trade

Mumbai: A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited India’s Gem & Jewellery Export Promotion Council (GJEPC) office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry. The delegation included Rehabeam Nepaya, Deputy Director, Diamond Affairs; Secret Ruhaka and

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LML Brand Holdings Expands into Jewellery Segment

New Delhi: Driven by its vision of identifying and revitalising iconic Indian brands that have earned lasting consumer trust, LML Brand Holdings recently announced the acquisition of Asmi and Sangini, marking its entry into the branded jewellery segment. The acquisitions further strengthen the company’s “Reimagining Legends” philosophy of preserving the legacy of well-loved brands while unlocking their next phase of

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Icons Honoured as Industry Legends at IIJS Celebration Night

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) hosted the IIJS Celebration Night on 5th August 2026, following the first day of IIJS Bharat Premiere 2026, bringing together leading figures from the Indian and global gem and jewellery industry for an evening of recognition and celebration. A key highlight of the evening was the felicitation of nine global icons

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‘Jewellers for Hope’ 2026 Raises Funds to Support Education

Mumbai: The Indian gem and jewellery industry came together in Mumbai on 6th August for the 11th edition of Jewellers for Hope, the flagship CSR initiative of the Gem & Jewellery Export Promotion Council (GJEPC), presented in association with De Beers Group and the World Gold Council (WGC), powered by GIA, with HRD Antwerp as Co-Partner. Mr. Rahul Narwekar, Hon’ble

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