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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Gemewizard to talk about Big Data Analysis at MGJC

Ramat Gan: Next week, at the Mediterranean Gemmology and Jewellery Conference (MGJC) in Budva, Montenegro, Menahem Sevdermish and Guy Borenstein of Gemewizard will be presenting an exciting lecture about “Big Data Analysis and Insights in the Online Gem and Jewelry Trade,” demonstrating how Gemewizard helps large, online trading platforms remove the ‘bad apples’ from their participating vendor lists and thus

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WGC Launches One-off Essay Collection: Gold 2048

Mumbai: The World Gold Council (WGC) launched a one-off essay collection, Gold 2048, bringing together industry-leading experts from across the globe to analyze how the gold market is set to evolve in the next 30 years. Key conclusions emerging from authors such as George Magnus, senior economist; Rick Lacaille, Global Chief Investment Officer of State Street Global Advisors; and Michelle

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PGI Launches 3rd Edition of Platinum “Season of Love”

Mumbai: After two successful editions of ‘Season of Love’, Platinum Guild International (PGI) is all set to commence its third edition starting 16th May to 17th June 2018. Platinum ‘Season of Love’ is an exclusive in-store festival for consumers held at key retail stores across India that offers them an incredible platinum experience. With a bouquet of extraordinary offers, it

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GJEPC Refutes Reports on Supply of Duty Free Gold

New Delhi: Recently DGFT had released Public Notice No.06/2015-2020 dated 10th May, 2018 wherein it has been clarified that the Export Obligation period of 120 days under Advance Authorisation Scheme for Precious Metals Gold/Silver/Platinum pertains strictly for Gems and Jewellery Sector. Precious Metals Gold/Silver/Platinum had also been used for making other industrial uses and also in pharmaceutical industry. This 120

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Natural Diamond Council Becomes ‘The Diamond Collective’

Mumbai: The Natural Diamond Council (NDC) now becomes ‘The Diamond Collective’ unveiling a new global strategy to reconnect natural diamonds with culture, strengthen consumer confidence and drive long-term relevancy. Shaped by new CEO Amber Pepper following six months of consultation with producers, retailers, brands, creatives and consumers, the strategy responds to a fundamental shift in how people discover, value and

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GJEPC Reviews FY2025-26 Performance & Priorities

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) held its 60th Annual General Meeting (AGM) on 23rd September, 2026, at the Bharat Diamond Bourse, Mumbai, in hybrid mode. The meeting was presided over by Mr. Kirit Bhansali, Chairman, GJEPC, in the presence of Mr. Shaunak Parikh, Vice Chairman; Mr. Anil Virani, Convener, Audit & Finance; Mr. Sabyasachi Ray, Executive

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India’s Studded Gold Jewellery Export Rises 51.22% 

Mumbai: India’s gem and jewellery exports continued their positive momentum in August 2026, with gross exports increasing 3.14% in US dollar terms and 12.52% in rupee terms year-on-year to US$ 2.30 billion (Rs. 21,945.87 crore), compared to US$ 2.23 billion (Rs. 19,503.52 crore) in August 2025, according to figures declared by Gem & Jewellery Export Promotion Council (GJEPC). A notable

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JGW September Gets 4.5% Jump in Attendance

Hong Kong:  JGW September (Jewellery & Gem World Hong Kong September) wrapped up yesterday shattering post-pandemic records, welcoming 57,632 “unique” buyers during its week-long run across two locations − a 4.5% increase over the previous edition, show organizer Informa Markets announced today. Staged as a massive dual-venue showcase, the B2B event ran from 14 – 18 September at the Asia

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