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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GJEPC to Set up CFC at Thrissur, Kerala

Mumbai: The Chairman of India’s Gem & Jewellery Export Prpmotion Council (GJPEC) Mr. Praveenshankar Pandya, during his recent visit to Kerala to inaugurate the Kerala Jewellery show, announced to set up Common Facility Center (CFC) at Thrissur, Kerala. CFC in this region would give a huge boost in production and quality of manufacturing jewellery by giving access of modern machines

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Gem Experts to Join World Ruby Forum

Bangkok: Gem and jewelry experts from across the globe will gather to attend the World Ruby Forum 2017 in Bangkok, Thailand to share their insights on world ruby activities in all dimensions from upstream to downstream. GIT director states that the organization will develop and implement strategies to establish Thailand as the global gem and jewelry trading hub by 2021.

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Construction of Surat DB Begins

Surat: Construction work for the Surat Diamond Bourse (SDB) commenced on 25 Oct with the office-bearers of SDB Diamond Bourse, a company floated for the bourse development participating in the foundation laying ceremony, reports The Times of India. The SDB Diamond Bourse has awarded the $237mn contract to the Ahmedabad-based PSP Projects Pvt Ltd for constructing the world’s largest diamond

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De Beers to Close Four Namibia Mines

Gaborone: De Beers’ joint venture in Namibia will shut four diamond mines in the country by 2022 due to dwindling resources, Reuters reported. Namdeb, a 50:50 project with the nation’s government, will close the Elizabeth Bay mine at the end of 2018, the Daberas deposit at the end of 2019, Sendelingsdrif in 2020 and the main asset, Southern Coastal, in

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Global Certificate in LGD Technology Launched

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) and the India Centre for Lab Grown Diamonds (InCent LGD) at IIT Madras have commenced the first batch of their Global Certificate in Lab Grown Diamond Technology, with 23 participants. Classes began on 21 October 2026, following a virtual inauguration on 19 October. The inaugural batch includes entrepreneurs, manufacturers, representatives of

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GJEPC Participates in Haryana Workshop on Leveraging FTAs for Export Growth

Gurugram: India’s Gem & Jewellery Export Promotion Council (GJEPC) facilitated the participation of a delegation of its member exporters in the State-Level Workshop on ‘Leveraging Free Trade Agreements (FTAs) – Outreach Programme’, organized by the Directorate of MSME, Government of Haryana, at the Grand Hyatt, Gurugram, on 3 November 2026. The workshop, held under the theme ‘Translating India’s Free Trade

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IAGES New Film Moves ‘PehlaCheckIAGES’ from Awareness to Habit

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES) is empowering gold buyers this festive season to make informed purchases by amplifying awareness about its #PehlaCheckIAGES campaign through engaging ad film created to build assurance and trust among buyers. Since its launch in December 2025, the ‘Before you buy Gold, #PehlaCheckIAGES’ campaign has urged consumers through diverse outdoor advertising

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Divine Solitaires Announces Special Festive Offers

Mumbai: Divine Solitaires, India’s leading natural diamond solitaires brand, is offering special Dhanteras benefits on its Diamond Coins from 26 October to 6 November 2026. The offer includes an assured gift with every eligible purchase, a lucky draw with 100% cashback vouchers for 10 customers, and price protection. Dhanteras is considered an auspicious occasion to welcome prosperity and good fortune,

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