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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Top News

IDI Hopeful Before HKJMA Show

Ramat Gan:  Encouraged by the rise in demand from Asian markets and success at previous shows in the region, the Israeli Diamond Industry (IDI) is looking forward to a positive experience at the Hong Kong International Jewellery Manufacturers’ Show, being held from November 30 to December 3 at the Hong Kong Convention & Exhibition Centre. This is the fourth time

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Forevermark Launches at PMJ Jewels, Hyderabad

Hyderabad: PMJ Jewels, a brand that promises to create jewellery with utmost love & passion have partnered with Forevermark, the diamond brand from the De Beers Group of Companies, by launching the brand at their store in Hyderabad. Forevermark encompasses the promise of beautiful, rare and responsibly sourced diamonds, PMJ Jewels promises to give you a jewellery experience that is

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‘Glimpz 2017’ Exhibition at IIGJ

Mumbai: ‘Glimpz-17 ‘Exhibition was an important event for the Indian Institute of Gems & Jewellery, Mumbai. Every year the 3 Year Degree Program culminates with a Graduating Project during which the students create collections of jewellery on particular themes. This year the students of Degree Bach 11 were asked to work on the Theme “Art-ism” which means an art movement.

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202-Carat Diamond Unearthed from Letšeng Mine

Maseru: Gem Diamonds announced the recovery of a high-quality 202-carat, D color Type IIa diamond from the Letšeng mine in Lesotho. It is the seventh diamond of over 100 carats to be recovered to date in 2017 from Letšeng. In 2016, Gem Diamonds unearthed just five diamonds larger than 100 carats. In their Q3 2017 trading update, Gem Diamonds’ CEO,

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Demand for Indian Gold Jewellery to Rise

Mumbai: India’s gems and jewellery exporters are set to shine brighter than domestic retailers. Positive signs from export destinations such as higher disposable income and consumer spending as well as improvements in consumer confidence is set to support export volumes of gems and jewellery, maintain analysts. An economic recovery is also set to benefit exporters, reports Mineweb.com. Indian exporters are

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IGI Becomes Premier Affiliate Sponsor of NCDIA

New York: The International Gemological Institute (IGI) has joined the Natural Color Diamond Association (NCDIA) as its first premier affiliate member. With an aim to educate consumers and increase global demand and desire for natural color diamonds, NCDIA is a not-for-profit, membership-based organization. Beyond the record-breaking blue and orange diamonds sold recently at auctions, the association has been working to

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ADB to Participate in Int’l Diamond Week

Ramat Gan: The Israel Diamond Exchange (IDE) announced that a delegation of the Antwerp Diamond Bourse (Beurs voor Diamanthandel) will join colleagues from the Diamond Dealers Club of New York to take part in the International Diamond Week at the Israel Diamond Exchange, from Monday, September 1 to Thursday, September 4. “We’re very pleased that the Antwerp Diamond Bourse will

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EGL International Clarifies…

Ramat Gan: EGL International Managing Partner and CEO Guy D. Benhamou has categorically refuted claims made on a regional television station in the United States that EGL’s grading standards were lower than those of its competitors. He added that it was untrue that EGL had been contacted for comment on the case by the TV station as claimed in an

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