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

Read More »

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

Read More »

Top News

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

Read More »

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

Read More »

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

Read More »

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

Read More »

Celebrate Akshaya Tritiya with Indian Gold Coin

Mumbai: Akshaya Tritiya, one of the most important festivals in the Indian calendar, falls on Monday, 9th May this year.  It is considered a particularly auspicious day to buy gold, and following this tradition is believed to bring a family long-term prosperity and success. This Akshaya Tritiya, Indian consumers can usher the festival of good fortune by buying India’s first

Read More »

ZCDC Sells 270,000 Carats of Diamonds Since Feb

Harare: The Zimbabwe Consolidated Diamond Company (ZCDC) has sold 270,000 carats of diamonds since February, when the government created the entity having merged several diamond companies, according to The Africa Report. Zimbabwe’s mines and mining development minister Walter Chidhakwa said that the ZCDC’s performance had vindicated the government’s decision consolidate the mines into one organization. He estimated that monthly diamond

Read More »

Gemfields Sells Emeralds at Record Average Price

Lusaka: Gemfields achieved a record average price for “higher-quality” rough emerald at an auction in Lusaka, Zambia. The miner sold 470,000 carats for an average of $70.68 per carat at the sale in Lusaka, which ran from March 30 to April 3. Total revenue generated was $33.1 million. Gemfields said production of emeralds and beryl at the Kagem mine in

Read More »

Singapore Diamond Investment Exch. Launched

Singapore: Trading has started on the Singapore Diamond Investment Exchange (SDiX), the world’s “first” commodity exchange for physically-settled diamonds. The introduction on May 5 “represents the most significant change in global diamond trading practices in hundreds of years,” according to SDiX, which is backed by investors including the Singapore government’s sovereign wealth fund Temasek Holdings. “The SDiX represents a tectonic

Read More »

Latest Videos