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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Tanishq Claims to be the Best for Exchange

Mumbai: Tanishq was the first jeweller in the country to spot the evolving needs of the new Indian jewellery buyer – where the ask was to make gold jewellery more contemporary, design-led and more light where she could wear it every day, not just confining to key occasions. Why upgrade? The unorganised jewellery market in India is 90% and there

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HRD Antwerp Collaborates with Gem Lab

Antwerp: HRD Antwerp and Gem Lab, a division of Malca-Amit Group announced a new collaborative service whereby Gem Lab becomes an authorized ‘HRD Antwerp LabDirect Program’ participant. Gem Lab will serve as the point of contact for clients in their network who wish to obtain an HRD Antwerp grading report. They will handle all logistics and administration, allowing HRD Antwerp

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JNA Awards & RJC to Jointly Promote Best Practices

Hong Kong: The JNA Awards and the Responsible Jewellery Council (RJC) are joining forces to promote best practices in the international jewellery and gemstone industry. A world-renowned programme organised by UBM Asia, the JNA Awards recognises, celebrates and encourages excellence and innovation in the global jewellery trade. Now in its seventh edition, the Awards will culminate in a glittering awards

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New Feature of Data Matrix Code on Diamonds

London: At the recent JCK Las Vegas, Everledger and Dharmanandan Diamonds Pvt. Ltd. (Dharmanandan Diamonds) successfully showcased a new innovative feature with the inscription of Data Matrix code on diamonds, as part of the Diamond Time-Lapse Protocol with full anchoring onto the Everledger blockchain platform. The Diamond Time-Lapse Protocol, launched in February this year, is the industry data protocol using

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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

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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 ₹

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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

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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

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