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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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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IIJS Bharat Tritiya Unveils India’s Strength As Global Jewellery Powerhouse

Mumbai: India today solidified its position as a global jewellery powerhouse as the Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 4th edition of IIJS Bharat – Tritiya 2026 at the Bengaluru International Exhibition Centre (BIEC). As the third-largest B2B jewellery trade show in the country, the event serves as a strategic sourcing gateway for the upcoming festive and

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GJC Announces 9th Edition of GJS

Mumbai: The All India Gem and Jewellery Domestic Council (GJC), the apex industry body representing India’s domestic gem and jewellery sector, will host the 9th edition of the India Gems and Jewellery Show (GJS April 2026), affectionately known as “Humara Apna Show.” The most premium B2B jewellery exhibition is set to take place from 4th to 7th April 2026 at the Jio World Convention Centre, Mumbai. This edition’s theme

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Forevermark Redefines Branded Diamonds

Announces New Initiatives at the Forevermark Forum in Pune Pune: Forevermark, the diamond brand known for beautiful, rare and responsibly sourced diamonds, held a three-day interactive conference, The Forevermark Forum, from 19th July to 21st July 2016 in Pune. Each year, the Forum sees the attendance of prominent Diamantaires, Manufacturers and leading Jewellers from across the country, who come together,

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CIBJO President Reports on its CSR Programme

Milan: CIBJO President Gaetano Cavalieri has reported on the World Jewellery Confederation’s Corporate Social Responsibility (CSR) and sustainability programme to the High-Level Segment of the United Nations Economic and Social Council (ECOSOC), which currently is taking place in New York. CIBJO was one of only a handful of NGOs invited to make an oral statement at the session. The High-Level

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Namibia Discovers New Diamond Deposits

Windhoek: Discoveries of diamonds on land along Namibia’s coastline in the southern Atlantic may extend ground-based mining operations by another 50 years, said the country’s Finance Minister, Calle Schlettwein, according to a report published in Bloomberg. Namibia is the world’s largest producer of marine gems. Namdeb Diamond Corp., jointly owned by the Namibian government and De Beers, came across diamond

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Zim Diamond Production Plummets 76%

Harare: In a further blow to the Zimbabwean diamond industry, the latest figures show that the country’s diamond production declined by 76 percent since the government’s acquisition of the Marange fields, according to a report in the Daily News. Zimbabwe’s central bank released information that showed diamond output declined to 152,475 carats in the first quarter of the year, compared

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