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

Read More »

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

Read More »

Top News

No Prisoners in Tihar will be Left Jobless: GJC

New Delhi: All India Gems & Jewellery Domestic Council (GJC) along with GJSCI is helping Tihar Jail inmates to become jewellery artisans.  Speaking at the Occasion, Mr. Nitin Khandelwal, Chairman- GJC expressed that we are ensuring that no prisoners in Tihar will be left jobless and they will get a decent job and peaceful livelihood once they are free. According

Read More »

World Diamond Congress during Oct in Mumbai

Antwerp: The World Federation of Diamond Bourses (WFDB) has announced that the 2018 World Diamond Congress, the biannual meeting of the WFDB and the International Diamond Manufacturers Association (IDMA), will take place in Mumbai, India, during the latter part of October. This year’s Congress was due to take place in Tel Aviv from June 19 to 21. WFDB President Mr.

Read More »

VOD DIJS from 14 to 17 November, 2018

Dubai: The VOD Dubai International Jewellery Show (VOD DIJS), the MENA’s only B2B and B2C jewellery industry mega event, returns for its second instalment on November 14 to 17 at Dubai World Trade Centre (DWTC). Tools such as the pre-promotional road show and hosted buyers program have been designed to give maximum support for the event exhibitors. The road show,

Read More »

WGC Releases Gold and Climate Change Report

Mumbai: World Gold Council (WGC) has released the Gold and Climate Change Report  yesterday. It represents WGC’s initial findings which confirm that whilst there is limited published data on gold’s global carbon footprint, total Greenhouse Gas (GHG) emissions from newly-mined gold are significantly lower than those from other major metals and mined products. Marking one year since the recommendations from the

Read More »

HRD Antwerp Opens New Office & Lab in Dubai

Dubai: HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), has officially opened its new office and laboratory in Almas Tower, Jumeirah Lakes Towers,Dubai. The opening took place in the presence of H.E. Mr Rik Van Droogenbroeck, Ambassador of Belgium to the United Arab Emirates, and HRD Antwerp’s executive

Read More »

Sky Gold & Diamonds Reports 90% Growth in Q2

Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹

Read More »

Unlocking Digital Gold’s US$ 700bn Opportunity

Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents

Read More »

Construction of India Jewellery Park, Mumbai Begins

Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant

Read More »

Latest Videos