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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Industry Not Yet Prepared for Hallmarking

Mumbai: A meeting of all stakeholders was held yesterday. Members of industry bodies from All India Gems & Jewellery Trade Federation (GJF), IBJA, SSBC, Coimbatore Jewellery Manufacturer Association, Mr Rajesh Khosla (MMTC PAMP), Mr C R Narsimhan from Tanishq along with members of Indian Association of Hallmarking (IAHC) Centre participated. In a joint press statement, Mr. Nitin Khandelwal, Chairman of

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India’s Diamond Exports up 49.5% in Nov

Mumbai: Contrary to the fears, the exports from gems and jewellery has increased 27.25% per cent at US$ 3.27 billion during the month of November as compared to the same period last year. The increase was driven by a sharp increase in both exports of polished diamonds and jewellery as compared to the same month a year earlier, according to

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India to Become Vice Chair of KP in 2018

Brisbane: At the recently concluded Plenary Meeting of the Kimberly Process (KP) that was held in Brisbane, Australia from December 9-14, 2017, India was appointed as the Vice-Chair of the KP for the year 2018. While the European Union (EU) will take the Chair for 2018, India will assume the role of the KP Chair in 2019. This is in

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Naga Chaitanya Chooses Platinum for Distinctive Style

Hyderabad: Amidst much fanfare, South India’s favourite actor, Naga Chaitanya unveiled an unique range of Platinum Men’s jewellery inspired by the international trend of “Bold Minimalism” at the Joyalukkas store in Hyderabad recently. Naga Chaitanya, looking suave wearing a Platinum bracelet and chain, his two favourite pieces from the new collection was joined by Mr. Rajesh Krishnan (Manager- Retail, Joyalukkas-Indian

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WGC Unveils New Chapter of ‘The Moment is Gold’ 

The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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