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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India Shines at June 2018 HK Jewellery & Gems Fair

Hong Kong: Leading 42 gem & jewellery exhibitors from India participated under India Pavilion organized by Gem & Jewellery Export Promotion Council (GJEPC) at the June Hong Kong Jewellery & Gems Fair 2018. The event was held from 21 – 24 June 2018 at Hong Kong Convention & Exhibition Centre (HKCEC) with an exciting line up of exhibitors and special

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De Beers’ 5th Cycle Worth $575 Million

Gaborone: De Beers sold rough diamonds with a provisional value of $575 million in the fifth sales cycle (Global Sightholder Sales and Auction Sales) of 2018. The miner reported confirmed sales of $554 million in the fourth cycle. Bruce Cleaver, CEO, De Beers Group, said, “Sentiment in the diamond industry’s midstream is positive following the JCK Las Vegas trade show

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ZCDC Future Hangs in the Balance

Harare: Zimbabwe Consolidated Diamond Company (ZCDC)’s future hangs in the balance after the Supreme Court last week dismissed Government’s appeal challenging a High Court decision to allow Mauritius-registered firm Grandwell Holdings to remain at Chiadzwa, according to a report published in The Herald. Grandwell Holdings holds a 50 percent controlling stake in Mbada Diamonds (Pvt) Limited. Then Mines and Mining

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JNA Jewellery Design Competition 2018/19 Kicks off

Hong Kong: JNA of UBM Asia Ltd have launched the JNA Jewellery Design Competition 2018/19 at a dedicated seminar held on the side-lines of the June Hong Kong Jewellery & Gem Fair on 21st June, 2018. Sponsored by Crossfor HK Ltd, Platinum Guild International (PGI) and the Tahitian Pearl Association Hong Kong (TPAHK), the competition recognises and celebrates excellence in

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Global Certificate in LGD Technology Launched

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) and the India Centre for Lab Grown Diamonds (InCent LGD) at IIT Madras have commenced the first batch of their Global Certificate in Lab Grown Diamond Technology, with 23 participants. Classes began on 21 October 2026, following a virtual inauguration on 19 October. The inaugural batch includes entrepreneurs, manufacturers, representatives of

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GJEPC Participates in Haryana Workshop on Leveraging FTAs for Export Growth

Gurugram: India’s Gem & Jewellery Export Promotion Council (GJEPC) facilitated the participation of a delegation of its member exporters in the State-Level Workshop on ‘Leveraging Free Trade Agreements (FTAs) – Outreach Programme’, organized by the Directorate of MSME, Government of Haryana, at the Grand Hyatt, Gurugram, on 3 November 2026. The workshop, held under the theme ‘Translating India’s Free Trade

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IAGES New Film Moves ‘PehlaCheckIAGES’ from Awareness to Habit

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES) is empowering gold buyers this festive season to make informed purchases by amplifying awareness about its #PehlaCheckIAGES campaign through engaging ad film created to build assurance and trust among buyers. Since its launch in December 2025, the ‘Before you buy Gold, #PehlaCheckIAGES’ campaign has urged consumers through diverse outdoor advertising

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Divine Solitaires Announces Special Festive Offers

Mumbai: Divine Solitaires, India’s leading natural diamond solitaires brand, is offering special Dhanteras benefits on its Diamond Coins from 26 October to 6 November 2026. The offer includes an assured gift with every eligible purchase, a lucky draw with 100% cashback vouchers for 10 customers, and price protection. Dhanteras is considered an auspicious occasion to welcome prosperity and good fortune,

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