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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NDC Launches World Diamond Day on April 8

Mumbai: The Natural Diamond Council (NDC) introduces World Diamond Day on April 8, 2026, a global movement that brings people together through the stories behind natural diamonds. On this day, everyone is invited to participate, from those who work with diamonds every day to those who wear, gift, or admire them. World Diamond Day is about sharing the personal and

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Winners of the Mega Lucky Draw Announced

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) announced the winners of Mega Lucky Draw on 23rd March, where registered paid visitors won a Mercedes-Benz, Thar, Maruti and many more exciting bumper prizes. The Mega Lucky Draw for paid visitors on the concluding day of the IIJS Bharat Tritiya Show, added a celebratory note to the show, with lucky winners

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Platinum Jewellery Shines at the 98th Academy Awards

Mumbai: The 98th Academy Awards showcased some of the most spectacular jewelry moments of awards season, with platinum serving as the setting of choice for many of the evening’s standout looks. Celebrated for its rarity, strength and naturally luminous white color, platinum provided the perfect foundation for extraordinary diamonds and rare gemstones worn by Hollywood’s leading talent. From dramatic diamond

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GJEPC Introduces  Special Recognition Award

Bengaluru: At IIJS Bharat Tritiya 2026, GJEPC introduced  special recognition award, Hidden Stars, for the very first time, dedicated to the teams who work behind the scenes and play a vital role in the success of every jewellery business. Often unseen yet highly influential, these professionals help shape important decisions, guide collections, and strengthen the very foundation of retail excellence. Their

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VOD Jewellery Celebration Awards 2016

Dubai: The Vicenzaoro Dubai was witness to the first VOD JEWELLERY AWARDS 2016, presented to Industry stalwarts. The award was organized by Fierra Di Vicenza and partnered by The New Jeweller Group, UAE and Middle East’s’ foremost Media services company for the gems and jewellery industry. Stalwarts who have been true ambassadors to the gems and jewellery industry of Dubai

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Zimbabwe Inks Deal with New Mining Company

Harare: Zimbabwe’s mines ministry is said to have inked a new deal with the Diamond Mining Company paving way for the Lebanese-owned company to resume operations in Marange. Mines minister Walter Chidhakwa said DMC had agreed to cede 50 percent of its shares to Harare. “We went into discussions and had an agreement to take over 50% of the company.

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Diamond Prices Will Need 1.5-2 Years to Recover

Moscow: After rough diamond prices dropped by 15% in 2015, they will need 1.5-2 years to bounce back, in the opinion of Andrey Zharkov, head of ALROSA. “We expect the market to stabilize in 2016, but in any case prices will require a year and a half or two years to recover,” he said in an interview to Yakutiya24, a

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De Beers to Leave London Headquarters

London: De Beers, the world’s largest diamond company, is to leave its UK headquarters after almost a century, as parent company Anglo American trims costs. About 300 staffs were told on Friday that they would be leaving 17 Charterhouse Street, from where De Beers once controlled the flow of diamonds around the world. The move ends an era that began

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