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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CIBJO Releases Pearl Com's Special Report

Milan: With fewer than three weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the seventh of the CIBJO commissions’ Special Reports has been released. Prepared by Kenneth Scarratt, President of the organisation’s Pearl Commission, the report highlights a worrying trend that is largely evident in the social media, whereby marketers

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India’s Gold Import Doubled in Apr-Sep 2017

New Delhi: India’s gold import more than doubled to $16.95 billion during the first six months of the current financial year, as per the data by Ministry of Commerce. The imports of the precious metal were around $6.88 billion during the period April- September last fiscal, the data said. However, the import of gold dropped by 5% to $1.71 billion

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De Beers’ 8th Cycle Fetches $307 Mln.

Gaborone: De Beers sold rough diamonds with a provisional value of $307 million in the eighth sales cycle (Global Sightholder Sales and Auction Sales) of 2017, as the miner offered fewer diamonds for sale due to Jewish holidays and the Diwali festival. Bruce Cleaver, CEO, De Beers Group, said, “De Beers offered fewer rough diamonds for sale in Cycle 8,

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Private Sectors to Organize Ruby Show

Bangkok: The Gem and Jewellery Institute of Thailand (Public Organization) or GIT, under the supervision of the Ministry of Commerce, collaborated with private sectors to organize the World Ruby Forum 2017 on November 4, 2017 at Shangri-La Hotel, Bangkok, to promote, raise awareness and create accurate understanding about ruby to worldwide audiences. “GIT is the core institution that promotes, supports

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GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

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IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle

New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,

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NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

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Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

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