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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BDB Collaborates with GIA Alumni Mumbai

Mumbai: The Bharat Diamond Bourse (BDB), recently organized a special address as part of its “Leadership Series.” The session featured Ms. Ali Pastorini, President of the International Jewellers Association MUBRI, and Mr. Sachin Jain, Regional CEO of the World Gold Council (WGC). Ms. Pastorini discussed the growing demand for Indian diamonds and jewellery in Latin America, providing encouraging statistics for

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230+ International Buyers Visit IGJS Jaipur ’26

Jaipur: The International Gem & Jewellery Show (IGJS) Jaipur 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is currently underway in Jaipur from April 9 to 11, 2026, bringing together leading Indian manufacturers and global buyers under one roof. Recognized as a highly curated, business-focused platform, IGJS continues to strengthen India’s position as a preferred sourcing destination

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De Beers Extends Desert Diamonds into Bridal

London: De Beers Group today announced the next chapter of Desert diamonds: an extension of the industry-wide beacon concept into the bridal market, bringing a fresh interpretation of natural diamond engagement and wedding jewellery through a refined spectrum of warm, nature-made hues that reflect enduring love and personal expression. First launched to consumers in 2025 as De Beers Group’s first

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GJS April 2026 Concludes on a High Note

Mumbai: 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show”, held at the Jio World Convention Centre, Mumbai, concluded with a great success, announced the All India Gem & Jewellery Domestic Council (GJC). The four-day extravaganza, inaugurated on 4th April by Mr. Chandrashekhar Bawankule, Minister of Revenue, Maharashtra, witnessed overwhelming participation from across the

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De Beers Cycle 1, 2020 Sales Go Slightly Up

Gaborone: Rough diamond sales in De Beers’ first sales cycle of 2020 were up compared with the same period last year. The diamond miner said provisional rough sales at sightholder sales and auctions during Cycle 1 hit $545 million. This is an increase when compared with the $500 million in the first sales cycle of 2019. It’s also an uptick

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Ground-Breaking Ceremony of CFC at Bow Bazar

Kolkata: Ground-breaking ceremony of Common Facility Centre (CFC) at Bow Bazar in Kolkata was held yesterday in the presence of Mrs. Rupa Dutta (Economic Advisor, Ministry of Commerce & Industry, Government of India), Mr. Senthil Nathan (Deputy Secretary, Ministry of Commerce & Industry, Government of India), Mr. Pramod Agrawal, Chairman, GJEPC; Mr. Prakash Pincha, Regional Chairman, Kolkata, GJEPC, along with

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Aisshpra Gems & Jewels Launches 8th Outlet in Ballia

Ballia: Uttar Pradesh’s leading Jewellery house Aisshpra Gems & Jewels launches their 8th store in Ballia, Bihar in esteemed presence of Mr. Balkrishna Saraf, founder and the senior most member of Aisshpra Family Mr. Vaibhav Saraf, Mr. Anoop Saraf along with Mr. Rahul Saraf. The launch also saw presence of Actress Pakhi Hegde. The entrance of the store was wrapped with a

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WDC Invites Stakeholders to Review New SoW Toolkit

New York: The World Diamond Council (WDC) is encouraging stakeholders to review the WDC System of Warranties (SoW) Toolkit. This follows its unanimous adoption as a working draft by the WDC Board of Directors and its review by WDC members. The SoW Toolkit, which once released will be made available online at no cost to the industry, is designed to

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