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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CIBJO Presents Plan to Promote Responsible Sourcing

Paris: Speaking in Paris today to a plenary session of the 13th Forum on Responsible Mineral Supply Chains of the Organisation for Economic Co-operation and Development (OECD), CIBJO President Gaetano Cavalieri has delineated a comprehensive plan for promoting responsible sourcing practices throughout the jewellery, gemstone and precious metals sectors, which includes the release this past January of CIBJO’s new Responsible

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Nancy Liu Promoted as CEO of Forevermark

London: De Beers Group has announced through an official press release that Ms. Nancy Liu would become the new Forevermark CEO, stepping up from her current role as COO and taking over the day to day responsibility for the leading diamond brand. Stephen Lussier, Executive Vice-President of Consumer & Brands for De Beers Group, will continue to oversee the strategic

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PNG Jewellers Opens Franchise Store in Dombivli

Mumbai: PNG Jewellers has launched its next franchise store in Dombivli. Inauguration of the store was done by the rising Bollywood star and one of the crowned jewels of the Marathi film industry Amruta Khanvilkar. The new store will offer a wide range of PNG’s signature gold, silver and diamond jewellery. Spread across 2500 sq.ft, this spacious store offers advanced

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CIBJO to Unveil Responsible Sourcing Blue Book

Milan: CIBJO President Gaetano Cavalieri will present the World Jewellery Confederations’ recently approved Responsible Sourcing Blue Book next Tuesday, April 23, 2019, to the full plenary of the 2019 Forum on Responsible Mineral Supply Chains, organised by the Organisation for Economic Cooperation and Development (OECD) at its headquarters in Paris.   The OECD forum, which this year will welcome about 1,200 delegates, will

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Kering Holds 2nd “Kering Generation Award X Jewelry” Ceremony

Milan: The second edition of the Kering Generation Award X Jewelry took place on July 9, 2026, at the luxury group Kering’s headquarters in Paris during Paris Haute Couture Week. The World Jewellery Confederation (CIBJO) is a partner of Kering in the awards, which aim to support visionary talent whose work demonstrates excellence in sustainable design and practices in jewellery-making.

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41st World Diamond Congress Kicks Off in Singapore

Singapore: With almost every seat taken in the Atrium Ballroom of Singapore’s Park Collection Hotel in City Island’s Marina Bay district, the 41st World Diamond Congress kicked off on July 13. In his welcome speech, Fabio Cascapera, Chair of the Congress Organising Committee and President of the Diamond Exchange of Singapore (DES), noted that since the 24th World Diamond Congress was held in Singapore

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Rapaport Melee Auction at Bharat Ratnam Mega CFC

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with SEEPZ Mumbai, invites members of the gem & jewellery industry to participate in the Rapaport Melee Auction at the Bharat Ratnam Mega CFC from 13th to 16th July. This is an excellent opportunity to source quality melee diamonds through a globally trusted auction platform while connecting with the

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IIJS Bharat Premiere 2026 Promotion Across Thailand

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has expanded its promotional campaign for IIJS Bharat Premiere 2026 across Thailand through a series of meetings with the Embassy of India, leading industry associations, government institutions and jewellery retailers. Varun Chulet, Assistant Director, GJEPC Jaipur, led the outreach aimed at strengthening bilateral trade ties and encouraging greater Thai participation in

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