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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Botswana Leadership Takes its Place on The World Stage

Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public

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GJC Issues Statewide Guidelines & Multilingual SOPs 

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive

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Roadmap for Gold Innovation & Global Reach

Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting

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Programme of 41st WDC Available on Website

Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now

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GJEPC Announces Special Rate Benefits for IIJS Shows

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), the apex body of the gem & jewellery sector sponsored by the Ministry of Commerce & Industry, Government of India (GoI) has announced a series of measures to promote exports of diamond jewellery and gold jewellery from India. One of the latest being the special rate benefits for IIJS Signature 2020 & IIJS

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CIBJO Releases Ethics Special Report

Milan: With fewer than five weeks to go to the opening of the 2019 CIBJO Congress in Manama, Bahrain, on November 18, 2019, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by the CIBJO Ethics Commission, headed by Tiffany Stevens, it covers a variety of topics, including the increasing number of international conventions with which members of the jewellery

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India Diamond Week Held from 15th to 17th Oct

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) organized the India Diamond Week from 15th to 17th October 2019, which is aimed at creating an annual trading platform to increase communication amongst diamantaires and promoting the Make in India diamond business globally. India Diamond Week further envisages to establish and strengthen the business ties of Indian gems & jewellery exporters with buyers from countries

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Mediterranean Gemmological & Jewellery Conference

Vancouver: Following the success of the 2019 Mediterranean Gemmological & Jewellery Conference, the organisers have announced that the Sixth Mediterranean Gemmological & Jewellery Conference will take place in Thessaloniki, in Greece from May 1517, 2020. Next year’s event follows the success of the five previous conferences, including this year’s event in Limassol, Cyprus, where 75 participants from 27 countries took

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