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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Coimbatore Gets Common Facility Centre

Mumbai: India’s Minister for Commerce & Industry and Civil Aviation, Mr. Suresh Prabhu laid the foundation of the Common Facility Centre (CFC) at Coimbatore – the ‘Ratna Abhushan Suvidha Kendra’, is a project by the Gem & Jewellery Export Promotion Council (GJEPC), sponsored by the Ministry of Commerce & Industry. Present on the occasion were Mr. B Sabarinath (President, Coimbatore

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DPA Launches New Diamond Campaign

Mumbai: Diamond Producers Association (DPA) recently announced the third wave of the Real is Rare, Real is a Diamond campaign. Entitled ‘For Me, From Me’, the campaign is inspired by the natural diamond industry’s strongest growth engine, women self-purchase, which today represents one-third of all diamond jewelry sales in the US, a $43 billion diamond market that grew +4% in

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De Beers' Revenue Grows in 2018

London: Anglo American said De Beers’ revenue leaped 4% to $6.1 billion in 2018 compared with $5.8 billion, a year earlier. The diversified mining group, which has an 85% stake in De Beers, said rough diamond sales also increased by 4% to $5.4 billion against $5.2 billion in 2017, driven by improved overall consumer demand for diamond jewellery and a 1%

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AWDC to Promote its Diamond Trade in Mexico

Antwerp: The Antwerp World Diamond Centre (AWDC), the umbrella organization for the Antwerp diamond industry, from 16 to 20 February 2019 will participate in the Royal Mission to Mexico. Currently, Mexico mainly imports polished diamonds from the United States. This Royal Mission is therefore the ideal opportunity to promote the Antwerp diamond trade in Mexico and to ensure that Mexican

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India-UK BSM 2026 kicks off in London

London: With the India–UK Free Trade Agreement (FTA) set to come into force on 15 July 2026, India’s Gem & Jewellery Export Promotion Council (GJEPC) has brought together 20 leading Indian gem & jewellery manufacturers and prominent UK buyers for two days of focused business meetings at the Arsenal Executive Box, Emirates Stadium, London. The event marks another significant step

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Forevermark Presents ICON Bracelet Inspired by Abhishek Shama

Mumbai: Forevermark Diamond Jewellery gifted a bespoke ICON bracelet for ace Indian cricketer Abhishek Sharma, a culmination of sports, design & inspiration. The bracelet was designed in association with the cricketer and reimagines the brand’s most recognizable symbol, The North Star- as a bold, contemporary jewellery design.  Set in 18 carat white gold, delicate pavé diamond links connect each ICON element, adding brilliance and refinement throughout.The continuous sequence of icons across the bracelet symbolizes excellence, consistency and enduring value, qualities that reflect

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CIBJO Publishes 2nd Pre-Congress Special Report 

Milan: With fewer than nine weeks to go to the opening of the 2026 CIBJO Congress in Vicenza, Italy, on September 4, 2026, the second of the pre-congress Special Reports has been released. Prepared by the CIBJO Marketing and Education Commission, headed by Jonathan Kendall, the report details the establishment of the International Fine Jewellery Academy (IFJA), one of the

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