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

PNG to Invest Rs. 256 Cr for 15 New Stores

Mumbai: P. N. Gadgil & Sons Limited (the “Company”), which is the second largest in terms of store count in Maharashtra (Source: CRISIL Report) intends to use around Rs. 256 crore of the Net Proceeds from the IPO sized Rs. 500 crore to finance establishment of proposed 15 new stores at 15 locations in Maharashtra and/ or adjoining states. Its

Read More »

Forevermark Launches at Kirtilals in Kochi

Mumbai: Kirtilals, a jewellery retailer and manufacturer in South India has strengthened its  association with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their jewellery store in Kochi. Forevermark diamonds are the world’s most carefully selected diamonds while Kirtilals has a standard for excellence catering to the jewellery requirements and design demands

Read More »

Yellow Diamond Prices Stabilize in Q1 ’18

New York:​  The Fancy Color Research Foundation (FCRF) reported that fancy color diamond prices showed stability in most categories in Q1 2018, with fancy blue diamond prices rising moderately. The Fancy Color Diamond Index (FCDI) indicated an overall rise of 0.1% in Q1 2018 for fancy color diamonds across all sizes and saturations. Continuing their trend from 2017, prices of

Read More »

UN Confirms CIBJO's Special Status

Milan: The United Nations Economic and Social Council (ECOSOC) has confirmed the Special Consultative Status held by CIBJO, the World Jewellery Confederation, for the coming four years. The decision follows CIBJO’s successful submission and the acceptance of its Quadrennial Report, covering the period 2014 through 2017. One of the six main organs of the United Nations, ECOSOC serves as the

Read More »

Limira Enters Jewellery Market with E-commerce-only Model

Surat: LIMIRA, a new-age, design-led lab-grown diamond jewellery brand, announced its launch in India with an e-commerce-only model built around design, individuality and storytelling transparency. The brand brings modern diamond jewellery directly to consumers, creating a digital-first experience designed around how consumers increasingly discover, evaluate and purchase jewellery. The launch comes at a time when India’s diamonds and jewellery industry

Read More »
GJC logo

GJC Seeks Immediate Review on Hallmarking Charges

Mumbai: All India Gem & Jewellery Domestic Council (GJC) has expressed strong concern over the increase in gold hallmarking charges from ₹45 to ₹75 per article and has urged the Government and the Bureau of Indian Standards (BIS) to immediately review the decision and retain the existing charge pending stakeholder consultation. The increase has been notified through the Bureau of Indian Standards (Hallmarking) Amendment Regulations, 2026,

Read More »

The Solitaire Festival of India’26 Concludes on High Note

Mumbai: Divine Solitaires has successfully concluded the 2026 edition of The Solitaire Festival of India (TSFI), its flagship annual consumer and retail engagement initiative, following a month-long celebration from 1st to 31st August2026. With participation from over 200 partner jewellery stores across 100+ cities in India, the festival brought together consumers and retail partners through a nationwide celebration of natural diamond

Read More »

QDE Extends Bourse Network into Europe 

Vicenza: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with Borsa Diamanti d’Italia (Diamond Bourse of Italy), establishing a strategic partnership between the two bourses. The agreement was signed during the CIBJO Centenary Congress, held in Vicenza, Italy, from 4 to 7 September 2026, by Ghanim Nasser Al-Saadi, Director of the Qatar Diamond Exchange, and Luigi

Read More »

Latest Videos