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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Global Platinum Jewellery Demand Down 7% in Q1

London: Demand for platinum jewellery across the world in the three-month period ended on March 31, 2019 (Q1) fell by 45 koz, or 7% year-on-year to 560 koz due to a continued decline in Chinese demand, mitigated by a rise in all other regions, the World Platinum Investment Council (WPIC) said today in the latest edition of its Platinum Quarterly.

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Celebrate Mother’s Day with Rare Platinum

Mumbai: Mother – the purest love you will ever know. Far from the worldly vices of greed and selfishness her love only gives. She is your fiercest protector, your relentless nurturer and your inmost being. This magical bond you share with her is one of a kind, deserving of a precious gift this mother’s day. So choose something as rare

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Forevermark Now Available in Mysuru

Bengaluru: Tholasi Jewels have partnered with Forevermark, the diamond brand from the De Beers Group, to exclusively launch the brand at their store in Mysuru. While Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, Tholasi Jewels provides certified jewellery and trusted services to its customers. The synergy of these two brands has brought about an ideal collaboration

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Alrosa Tech to Unveil Diamond Identification Tool

Vancouver: ALROSA TECHNOLOGY will unveil its new-generation ALROSA Diamond Inspector for the screening and identification of natural diamonds, treated diamonds, laboratory-grown diamonds (LGDs) and simulants at the Fifth Mediterranean Gemmological and Jewellery Conference in Cyprus (May18) and at a special seminar session at the Israel Diamond Bourse (May 21). The ALROSA Diamond Inspector is a portable mini-laboratory for complex optical

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New Tariff Puts India’s G&J Exports Under Pressure

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has taken note of the United States’ transition from the temporary Section 122 balance-of-payments surcharge to the new Section 301 tariff regime, effective from 24 July 2026, under which the additional tariff on Indian gem and jewellery (G&J) exports remain unchanged at 10%. The new tariff framework follows the conclusion of investigations

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European Natural Diamonds Exempted from US Tariffs

Antwerp: Natural diamonds cut in Europe will once again be exempted from US import tariffs. This brings an end to the 10% import tariff that had been in effect for the past six months. The restored exemption is significant news for the Antwerp diamond sector: Antwerp is Europe’s leading diamond-cutting centre, and the United States is a major trading partner

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De Beers’ Rough Production Rises 88% in Q2 2026

London: De Beers has reported that its rough diamond production was 88% higher at 7.8 million carats, reflecting the impact of the extended maintenance shutdown in the comparative period at Orapa in Botswana, as well as the planned mining of higher-grade ore at both Jwaneng in Botswana and Gahcho Kué in Canada. Planned plant maintenance at Orapa and Jwaneng during

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Only Natural Diamonds Should be Graded with 4Cs: CIBJO

Milan: The Diamond Commission of the World Jewellery Confederation (CIBJO) has insisted that the 4C polished diamond grading system (cut, color, clarity, and carat weight) should only be used for natural stones, but not synthetic ones. In the Special Report prepared for the upcoming 2026 CIBJO Congress, the Commission’s head Udi Sheintal also urged the industry’s stakeholders to use the

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