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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Raesh Exports Registers Growth in Q1

(By Eveluate Research) Bangalore: Rajesh Exports reported solid earnings for the first quarter ended in June 2018 of Rs.13.52 per share, representing a growth of 34.5% on a YoY basis and 14% above our estimates.  Similarly, EBITDA for the quarter came in at Rs.5,780.8 mn, growing by 29.8% YoY.  Revenue for the quarter, however, was down by about 13% mainly

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WHP Opens Showroom in Boisar

Mumai: Waman Hari Pethe (WHP) Jewellers broadened its horizons with the launch of 24th  WHP Outlet in Boisar. The store was inaugurated on 15th August 2018 in presence of Mr. Aditya Pethe, Director, WHP Jewellers along with  Mr. Subhash Pethe and Mr. Ulhas Pethe. Established by Late. Mr. Waman Hari Pethe and Late Mr. Ganesh Hari Pethe in 1909, the jewellery

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Impact on Jewellery Market of Generation Z: CIBJO

Milan: The first of the CIBJO commissions’ Special Reports has been released ahead of the 2018 CIBJO Congress in Bogotá, Colombia in October. Prepared by the CIBJO Marketing & Education Commission, headed by Jonathan Kendall, the report considers the potential impact on the jewelry market of Generation Z, which includes people born after 1996, who are expected to account for

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GJEPC Seeks to Build Consensus on FTC Guidelines

  Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) has begun multiple initiatives and is interacting with various industry stakeholders in an attempt to build a global consensus on the industry response and draw up a plan of action in response to last month’s announcement of revisions to the FTC Jewelry Guides related to marketing of diamonds in the

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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IGM Appoints Nirakar Chand as MD of BullionX

Mumbai: India Gold Metaverse (IGM) today announced the appointment of former CEO of Diamond India Ltd., Mr. Nirakar Chand, as the Managing Director of its bullion market vertical, BullionX™, which is a technology-enabled ecosystem for modern bullion markets. Earlier in his career, Mr. Chand had spent 22 years at State Bank of India (SBI) — 6 years in Bullion and

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CIBJO Unveils Artworks of Reena Ahluwalia Celebrating Centenary Year

Vicenza: As a highlight of the opening day of the 2026 CIBJO Congress, that began on the 4th September, 2026 in Vicenza (Italy), two dedicated creations by the noted Canadian visual artist Reena Ahluwalia, celebrating the Centenary Year of the World Jewellery Confederation (WDC) were unveiled. Both creations were donated to the collection of the Museo del Gioiello –the jewellery

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