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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Laksh Pahuja Presented Ingenious Designs

Mumbai: When it’s a Laksh Pahuja jewellery show expect the unexpected. The designer’s creativity always pushes the envelope to the unlimited corners, so the Laksh Pahuja Show presented by Gemma and HRD Antwerp was a line of extreme designs at India International Jewellery Week (IIJW) 2017 powered by GIA. HRD Antwerp’s name is well known in Europe as an authority

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IIGJ Presented Work by its Designers

Mumbai: Day Two at the India International Jewellery Week 2017 (IIJW) powered by GIA opened with the grand show by six fresh talented designers from the Indian Institute of Gems and Jewellery (IIGJ), Mumbai in association with Izaara by Waman Hari Pethe Jewellers. The IIGJ is a project of the Gem and Jewellery Export Promotion Council (GJEPC), sponsored by the

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CaratLane Presented Affordable Jewellery

Mumbai: When it comes to affordable everyday jewellery that has design, elegance and style, then the name CaratLane is on top of every woman’s list for ornaments. The CaratLane collection at India International Jewellery Week 2017 powered by GIA was a smorgasbord of items that will thrill women of all ages and professions. The brand is India’s largest Omni channel

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7th IIJW Gets Glittering Opening in Mumbai

Mumbai: It was a grand opening of the India International Jewellery Week 2017 powered by GIA when Nakshatra World unveiled a stunning collection of amazing jewellery to dazzle the packed hall at St Regis Hotel, Mumbai. The Gem and Jewellery Export Promotion Council (GJEPC), apex body of the gems & jewellery sector, presented the 7th edition of the India International

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Qatar Diamond Exchange Broadens Asian Presence

Doha: The Qatar Diamond Exchange (QDE) has signed a Memorandum of Understanding (MoU) with the Diamond Federation of Hong Kong, China (DFHK), establishing a strategic partnership between the two organizations. The agreement was formalized in Hong Kong by Ghanim Al-Saadi, Director of the Qatar Diamond Exchange, and Lawrence Ma, President of DFHK. Founded in 2000, DFHK represents Hong Kong’s diamond

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Diamonds for Development Fund Receives Initial Funding

Gaborone: The Government of the Republic of Botswana and De Beers Group yesterday announced that De Beers Group has transferred its initial contribution of BWP1 billion to the Diamond for Development Fund, marking a major milestone in the progress of the Fund and its mandate to support Botswana’s long-term economic diversification. The disbursement follows the establishment of the Fund’s governance

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De Beers Reports Lower Q3 Output

London:  De Beers reported an 11% year-on-year decrease in rough diamond production to 6.8-million carats for the quarter ended September 30, primarily driven by planned plant maintenance at Orapa, in Botswana, and a slowdown at Venetia, in South Africa, ahead of a planned two-year production pause. Operational Performance: De Beers notes that rough diamond production was 11% lower at 6.8

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New FEMA Guidelines to Exporters Explained

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC), in association with IndusInd Bank, organized a webinar on 16 October 2026 to explain the revised Foreign Exchange Management Act (FEMA) guidelines and their implications for the gem and jewellery trade. Prakash Kumar Rath, Head – Gems, Jewellery and Diamond Division, IndusInd Bank, addressed key changes under the revised framework, which

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