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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Top News

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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3rd Platinum ‘Season of love’ Concluded with Success

Mumbai: The 3rd edition of Platinum ‘Season of Love’ witnessed great success with the leading platinum retailers participating in the exclusive in-store festival. The ‘Season of love’ 2018 edition which took place from 16th May to 17th June 2018 registered a retail sales growth of 70% and offered a glorious experience to the customers, as they won exciting rewards on

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Carats.io to Partner with Celsius

Tel Aviv: Carats.io, the fintech startup company that is issuing the world’s first-ever digital currency backed by diamonds, has signed a Memorandum of Understanding (MOU) with Celsius, a blockchain-powered global financial platform that allows its members to borrow capital and earn interest against their crypto-holdings. According to the agreement, Carats.io’s CARAT coins will be a featured stable coin within the

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Men of Platinum Expands Collection with New Designs 

Mumbai: Platinum Guild International (PGI) India has unveiled a new Men of Platinum collection featuring chains, pendants, bracelets and rings designed for men at different stages of their journey. Endorsed by Rohit Sharma and Anirudh Ravichander in the brand’s new campaign, the collection brings to life a central belief: enduring success is forged through character—the conviction to forge your own

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De Beers and Botswana Extend Partnership with Letsile Tebogo

London: De Beers Group and the Government of the Republic of Botswana today announced the extension of De Beers’ partnership with Olympic champion and Botswana sporting icon Letsile Tebogo. Originally launched in January 2025, when Tebogo was appointed a De Beers Global Ambassador, the partnership has now been expanded into a three-year programme of work between De Beers and the

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Divine Solitaires, SGL Launch ‘Know Your Diamond’ Zone

Mumbai: The initiative equips Divine Solitaires’ reputed partner jewellers with advanced screening technology that can help verify key characteristics of diamonds,including whether a diamond is natural or laboratory-grown, checking laser inscriptions andverifying Hearts & Arrows (H&A). The screening machines will be provided as inventory to premium Divine Solitaires partner jewellers, enabling consumers to access the technology free of charge at

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Sky Gold & Diamonds Acquires Purvi Gems

Mumbai: Sky Gold & Diamonds Ltd., (Sky Gold) one of India’s leading jewellery manufacturers and exporters, has successfully completed the acquisition of 100% equity shares of Purvi Gems & Jewellery (India) Private Limited, a company engaged in the manufacturing of uncut and precia jewellery and related products. Following the completion of the acquisition on October 7, 2026, Sky Gold is

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