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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ORRA Honoured Winners of Nach Baliye

Mumbai: ORRA, one of India’s finest jewellery retail chains, recently honoured the real life couple Divyanka Tripathi and Vivek Dahiya, the winners of Nach Baliye Season 8 with ORRA’s bestselling “Platinum Couple Bands” at their store at Inorbit Malad. The celebrated TV couple exchanged a gorgeous pair from ORRA’s Platinum Couples Collection of love bands, etched with the words “Love”

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SDiX to List Diamond Bullion

Singapore: The Singapore Diamond Mint Company (“SDM”) announced the launch of the Diamond Bullion, a revolutionary new investment product designed to bolster investment in diamonds as an asset class by providing a standardised, liquid, and exchange-listed format for diamond trading. The Diamond Bullion is a credit card-sized package of investment-grade diamonds in a tamper-resistant sintered zirconia case, with a unique

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Good Sentiments for Diwali: Saurabh Gadgil

Mr. Saurabh Gadgil, Chairman & Managing Director of PNG Jewellers and Director, Indian Bullion Jewellers Association (IBJA) has expressed his opinion on market sentiment and projection and for the upcoming festive season: He said, “We welcome the decision to extend the provisions of PMLA from the present limit of Rs. 50,000 to Rs. 2,00,000 in the case of jewellery purchases.

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CIBJO Gemmology Comm's Sp. Report

Milan: With fewer than four weeks to go to the opening of the 2017 CIBJO Congress in Bangkok, Thailand, on November 5, 2017, the sixth of the CIBJO commissions’ Special Reports has been released. Prepared by Hanco Zwaan, President of the organisation’s Gemmology Commission, the report looks at a series of issues on the agenda of the gemmological community, including

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HRD Antwerp Opens New Office & Lab in Dubai

Dubai: HRD Antwerp, Europe’s leading authority in diamond and jewellery grading and a subsidiary of the Antwerp World Diamond Centre (AWDC), has officially opened its new office and laboratory in Almas Tower, Jumeirah Lakes Towers,Dubai. The opening took place in the presence of H.E. Mr Rik Van Droogenbroeck, Ambassador of Belgium to the United Arab Emirates, and HRD Antwerp’s executive

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Sky Gold & Diamonds Reports 90% Growth in Q2

Mumbai: Sky Gold & Diamonds has reported a big growth in its net profit and revenue for the Q2 of FY27. The Company posted a consolidated net profit of Rs. 127.87 crore in the quarter ended September 2026, registering growth of 90.9% from Rs 66.99 crore in the year-ago period. Q2FY27 and H1FY27 Financial Highlights (Consolidated) (All figures in ₹

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Unlocking Digital Gold’s US$ 700bn Opportunity

Las Vegas: The digital gold market, worth US$45–55bn today, could unlock up to US$700bn in latent demand, according to new research from World Gold Council (WGC) and Boston Consulting Group. The report points to substantial untapped appetite among retail investors, with nearly nine in ten surveyed saying they would consider digital gold under the right conditions. The US$700bn opportunity represents

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Construction of India Jewellery Park, Mumbai Begins

Navi Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) yesterday marked a historic milestone in the development of India Jewellery Park Mumbai (IJPM) with the commencement of construction at Mahape, Navi Mumbai. The ceremony marks the transition of this long-cherished industry vision into the construction phase, bringing India’s ambition to establish a world-class, integrated jewellery manufacturing hub a significant

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