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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Economic Survey Favours Multiple Jewellery Parks

New Delhi: The Economic Survey, tabled by India’s Finance Minister Mr. Arun Jaitley on Monday, recommended setting up more multiple jewellery parks in order to boost exports and increase job opportunities in the Gems & Jewellery sector. India is one of the largest exporters of gems and jewellery and industry is considered to play a vital role in the country’s

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Manepally Jewellers Brings Forevermark in Hyderabad

Hyderabad: Manepally Jewellers, the oldest jeweller in Hyderabad launches its association with Forevermark, the diamond brand from the De Beers Group of Companies, with actress Raashi Khanna at their store. Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, Manepally Jewellers guarantees customer satisfaction and exquisite craftsmanship. The synergy of these two brands has brought about an ideal

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India Rough Gemstones Show Ends Successfully

Jaipur: The first-ever India Rough Gemstones show held from 8th -10th at Hotel Marriott in Jaipur organized by The Gem & Jewellery Export Promotion Council (GJEPC) concluded successfully. Mr. Subhash Chand Agarwal, Commissioner of Customs, Jaipur was the Chief Guest for the event. Miners and traders in rough gemstones from Afghanistan, Canada, Ethiopia, Hong Kong (SAR of China), Madagascar, Tanzania,

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India Diamond Week from 23rd April, 2018

Mumbai: The Bharat Diamond Bourse (BDB) will be organizing an India Diamond Week from April 23-25, 2018 in Mumbai. “India is the largest diamond manufacturing centre in the world and BDB is the address of the largest diamond trading community in the country,” explained Mehul Shah, Vice President of BDB. “Though this is the first event of its kind being

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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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