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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3rd Platinum BSM Concluded Successfully

Hyderabad: Platinum Guild International – India (PGI) successfully concluded its third edition of ‘Platinum Buyer-Seller Meet’ (BSM) on 25th and 26th July, 2018 in Hyderabad. Organized exclusively for the authorised platinum jewellery manufacturers & retailers of India under the PGI Programme, the meet aims to showcase the true business potential of platinum and help deepen their exposure to the category. The third edition

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Gemfields Auctioned Emeralds worth $ 10.89 Mln.

Lusaka: Emeralds from the Kagem mine in Lufwanyama District have been sold at auction for a total of US $10.89 million. Proceeds from the auction will be fully repatriated to Zambia, with all royalties due to the Zambian Government paid on the full sales prices achieved at the auction, the company stressed. The auction was of predominantly commercial quality rough

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Aram Shishmanian to Step Down as CEO, WGC in 2019

London: The World Gold Council (WGC) has today announced that Aram Shishmanian will be stepping down as Chief Executive Officer next year after 10 years of leadership. Mr. Shishmanian has been CEO of the WGC since January 2009. Under his leadership, the market development organisation has promoted fundamental changes to gold policy in key markets such as China and India, as

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Celebrate Friendship Day with Platinum

Mumbai: This friendship day, Platinum Days of Love, wants you to remember that your partner might be your lover, but above everything, you are #FriendsFirst. Celebrate your relationship that has stood the test of time on the foundation of long standing warmth and a strong friendship. Seal the promise of always being #FriendsFirst with Platinum Love Bands, for you definitely

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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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Senco Gold with Olocker Provide Jewellery Insurance

Mumbai: Senco Gold & Diamonds has partnered with Olocker, India’s first dedicated jewellery insurance platform, to offer free jewellery insurance to its customers, protecting purchases against risks such as snatching, robbery, and housebreaking. On the surface, it’s a simple value-add: buy jewellery from Senco, get it insured, at no extra cost. But the thinking behind it is more personal —

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CIBJO Centenary Congress Calls for Standards, Sustainability & Consumer Confidence

Vicenza: The 2026 CIBJO Centenary Congress opened in Vicenza with welcome addresses from Italian government and industry leaders, who congratulated the World Jewellery Confederation on its first 100 years and highlighted the importance of standards, sustainability and consumer confidence to the global gems and jewellery industry. The congress, being held at the Fiera di Vicenza during the VICENZAORO jewellery show,

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