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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Lukson Jewels Grows with 25% Month on Month Expansion

Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery

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GJEPC Offers Exciting Prizes at IIJS Tritiya Show

Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega

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WGC Unveils ‘The Moment is Gold 2.0’ Campaign

Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold

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Distinguished Women of the G&J industry Honored with Golden Girls Awards

Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication

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Aisshpra Gems & Jewels Launches 8th Outlet in Ballia

Ballia: Uttar Pradesh’s leading Jewellery house Aisshpra Gems & Jewels launches their 8th store in Ballia, Bihar in esteemed presence of Mr. Balkrishna Saraf, founder and the senior most member of Aisshpra Family Mr. Vaibhav Saraf, Mr. Anoop Saraf along with Mr. Rahul Saraf. The launch also saw presence of Actress Pakhi Hegde. The entrance of the store was wrapped with a

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WDC Invites Stakeholders to Review New SoW Toolkit

New York: The World Diamond Council (WDC) is encouraging stakeholders to review the WDC System of Warranties (SoW) Toolkit. This follows its unanimous adoption as a working draft by the WDC Board of Directors and its review by WDC members. The SoW Toolkit, which once released will be made available online at no cost to the industry, is designed to

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De Beers Group Industry Services Gets New Partner

London: De Beers Group Industry Services has announced a new collaboration with leading US wholesaler, RDI Diamonds Inc., to become its premier source of diamond grading reports. The partnership marks De Beers Group Industry Services’ first step into diamond grading activity in the US. As part of the collaboration, De Beers Group Industry Services will be the exclusive grader of

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Gold Demand in 2019 Nudges Lower: WGC

Mumbai: Global gold demand declined to 4355.7 tonnes (t) in 2019, down 1% on 2018, according to the World Gold Council (WGC)’s latest Gold Demand Trends report. The year 2019 was broadly one of two distinct halves; resilience and growth across most sectors in the first six months contrasted with widespread weakness in the second. Central bank demand slowed in the second half – down 38% –

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