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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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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WGC to Develop Shared Infrastructure for Digital Gold

London: The World Gold Council (WGC) recently announced a pioneering initiative to build new market infrastructure designed to unlock the next era of digital gold’s development. WGC has co-authored a White paper titled Digital Gold: The Case for a Shared Infrastructure with Boston Consulting Group (BCG) which explores “Gold as a Service” – a new platform to support the issuance

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Diamond is Forever: The Making of a Cultural Icon 1926–2026

Mumbai: De Beers Group, a global leader in the natural diamond industry with a legacy spanning over a century, is launching A Diamond Is Forever: The Making of a Cultural Icon 1926–2026, a visual retrospective celebrating its pioneering role in shaping the world of natural diamonds. The book traces how, beginning in the 1930s, the brand reimagined natural diamonds from discreet

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Israel & Dubai Diamond Exchanges Sign Accord

Ramat Gan: In the wake of the agreement to normalize relations between Israel and the United Arab Emirates, the Israel and Dubai diamond exchanges have signed a strategic agreement of collaboration to promote cooperation and dialogue between the two bourses. The signing ceremony took place this morning in a video conference between the two bourses. As part of the agreement,

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Rajesh Exports Achieves +14% Sales Growth

Bengaluru: By Evaluate Research: Rajesh Exports reported resilient growth in revenues, ahead of our expectations, on a YoY basis despite a global economic slowdown and a higher gold price. Revenues for the fiscal first quarter [ended June] came in at Rs.461 bn, up 14% on a YoY basis. The rising price of gold in the international market was the primary

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CIBJO & Intertek Announce Joint Initiative

Milan: CIBJO, the World Jewellery Confederation, and Intertek Italia SpA, the Italian subsidiary of the Intertek Group, a multinational assurance, inspection, product-testing and certification company that assists companies ensure that their operating procedures and products meet quality, health, environmental, safety, and social accountability standards, have announced a joint initiative to educate, train and certify CSR, sustainability and Sustainable Development Goals

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Petra Finds Five Rare Blue Diamonds

Johannesburg: Struggling gem producer Petra Diamonds Ltd. found five blue stones, typically among the most valuable in the world, at its flagship mine in South Africa. While the discovery will be a boost for the company that’s put itself up for sale after being dragged down by huge debts and a collapse in the diamond market, Petra cautioned that it

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