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

Read More »

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

Read More »

Top News

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

Read More »

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

Read More »

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

Read More »

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

Read More »

WDC Appoints Elodie Daguzan as its New ED

New York: Elodie Daguzan is to become the new Executive Director of the World Diamond Council (WDC), following the approval of her appointment by the organization’s Board of Directors. She will officially assume duties on February 1, 2020.   A French native, Ms. Daguzan is a 19-year veteran of the diamond industry, having filled a variety of roles in various sectors

Read More »

De Beers Q4 Rough Production Drops by 15%

London: Anglo American yesterday (Thursday) announced that De Beers’ Q4 2019 production dropped by 15% to 7.8 million carats compared to Q4 2018 (9.1 million carats). The company said the lower figures were because of lower production levels in South Africa and Botswana. For the full year, De Beers’ diamond production totaled 30.8 million carats, a drop of 13% compared

Read More »

Forevermark Launches Second Boutique in Kolkata

Kolkata: Forevermark, the diamond brand from the De Beers Group, starts the new year with the launch of an exclusive boutique with Indian Gems and Jewellery Creation, a leading jewellery brand in Kolkata. This is the second Forevermark Boutique in the city, which exclusively retails Forevermark diamonds in a wide variety of elegant cuts, designer jewellery and loose diamonds. Forevermark diamonds are the world’s most carefully

Read More »

GJEPC to Organise 'Design Inspirations' on 16th Feb

Mumbai: Design Inspiration is one day Design Seminar to be held on 16th February, 2020 at Bombay Exhibition & Convention Centre (also known as NESCO), Mumbai. Experts will speak on Jewellery Trends for India, Europe & USA. Some of the renowned speakers include: Ash Allibhai (ASBO magazine), Ruchika Sachdeva (Bodice Studio), Narendra Kumar (Fashion Designer), Noelle Van Gelder (Van Gelder

Read More »

Latest Videos