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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Opportunities for Strengthening Indo-Belgian trade ties

New Delhi: India’s Gem and Jewellery Export Promotion Council (GJEPC) Co-Hosts Indo-Belgian Diamond Forum in New DelhiThe Gem & Jewellery Export Promotion Council (GJEPC), in partnership with HRD Antwerp and the Embassy of Belgium in India, co-hosted the Indo-Belgian Diamond Forum at the Residence of the Ambassador of Belgium in New Delhi The event was powered by INDRA – by

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Chairman of Malabar Group Gets Business Bhushan Award

Mumbai: Mr. M.P. Ahammad, Chairman, Malabar Group, has been honoured with the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026, in recognition of his visionary leadership and pivotal role in transforming the global jewellery retail landscape and society at large. Held at the iconic Gateway of India, the awards ceremony brought together leading policymakers, industry

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IIJS Icon Awards & Mega Lucky Draw on 21st March

Bengaluru: The 4th edition of IIJS Bharat – Tritiya and IGJME Bharat – Tritiya 2026 at the Bangalore International Exhibition Centre (BIEC), Bengaluru is set to begin from 21st – 23rd March 2026. This premier event is a unique convergence of the finest gems, jewelry, and machinery, bringing together industry leaders, innovative exhibitors, and global buyers under one roof. The

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IDPL Unites Natural Diamond Community

Hong Kong: The third edition of the International Diamond Premier League (IDPL), a cricket tournamentcreated by and for the global natural diamond community, will take place in Hong Kong from 19–22 March 2026. Following earlier editions in Belgium and India, IDPL 3.0 will bring together leading diamantaires and industry partners from Belgium, India, and Hong Kong for four days of

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Gold should be Looked as Portfolio Diversifier

Mumbai: Gold should be embraced as a portfolio diversifier and hedging strategy by an investor in the current environment. The present difficult time amid pandemic COVID-19 will continue to reinforce the role of gold as a strategic asset, said eminent experts in a Webinar on Gold Investment Opportunity and Price Outlook organised by PHD Chamber of Commerce and Industry. Eminent experts

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IDE Hosts Successful KOIN Tender of Large Stones

Ramat Gan: The Israel Diamond Exchange (IDE) last week completed a successful first tender by KOIN International at its International Tender Center. The tender offered rough diamonds of 10.80 carats and over as well as fancy color diamonds as from the EKAPA (Kimberley) Mine in South Africa. Among the stones was an extraordinary 49 carat Vivid Yellow diamond. Although mostly

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ED Files New Charges Against Mehul Choksi

Mumbai: The Enforcement Directorate of India (ED) has filed a charge sheet against fugitive jeweller Mehul Choksi, elaborating how he allegedly ran an organised racket to cheat customers and lenders in India, Dubai and the US, including top financial institutions, by dealing in “lab grown diamonds” and selling off properties, details accessed by Hindustan Times reveal. The charge sheet is

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GJEPC Suggests Ways to Boost Exports from SEZs

Mumbai: The global gem and jewellery export market is valued at $629.06 billion of which India’s share is 6.2% or $31.45 billion. Of this, every year almost a quarter of India’s gem and jewellery exports have been generated through Special Economic Zones (SEZs). In a recent video meeting with the Department of Commerce, India’s Gem and Jewellery Export Promotion Council

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