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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IDE Pres. Praises Sale of R2Net to Signet

Ramat Gan, Israel, August 25, 2017: Israel Diamond Exchange (IDE) President Yoram Dvash praised the impending sale of R2Net, owner of online jewellery retailer James Allen, to Signet Jewellers. R2Net has important ties to the Israeli Diamond Industry. Originally founded by Israeli diamond trader Oded Edelman as a trading network for diamonds, it has become under the brands James Allen

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India’s Jewellery Exports Down 32% in July

Mumbai: India’s exports of gold jewellery, both studded and plain, during the month of July 2017 dropped by nearly 32% to $ 411.37 mn from $ 602.04 mn during July 2016. Overall exports from the gem and jewellery sector during July 2017 stood at $ 2.42 bn, a drop of 23.61% over the $ 3.17 bn exported in the same

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Surat Jail Trains Inmates in Cutting Polishing

Surat: The Surat district Jail authorities in association with a diamond firm, have started teaching cutting and polishing of rough diamonds to the prisoners. A diamond firm had installed two emery wheels in the jail where at present eight prisoners are learning cutting and polishing of diamonds. The step has been taken by the Jail superintendent H R Chaudhary, with

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Forevermark Presents Trends for 2017

Mumbai: Forevermark, the diamond brand from The De Beers Group of Companies, launched the Autumn-Winter trend collections 2017– Geo-Deco and Declaration. Inspired by fascinating patterns in nature, Geo-Deco focuses on geometrical elements at its core ¬– bringing balance, proportion and symmetry to create a harmonious whole. Shimmering lines of flowing diamonds, like sunrays, from a Forevermark solitaire diamond, add textural

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WGC Unveils New Chapter of ‘The Moment is Gold’ 

The World Gold Council (WGC) has unveiled the latest chapter of its ongoing campaign, ‘The Moment is Gold’. Building on the campaign’s central idea of celebrating life’s meaningful moments through gold, the latest film “First Diwali” captures a young couple experiencing their first Diwali together, a deeply personal milestone marked by warmth, belonging and new beginnings. The campaign reinforces how gold

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JGTD to Open from 27th October

Dubai: The Middle East’s most global B2B jewellery sourcing event is all set for its fifth edition this October! Jewellery, Gem & Technology in Dubai (JGTD) opens from 27–29 October 2026 in North Halls N21 and N23 of the Dubai Exhibition Centre (DEC), reaffirming the fair’s status as the region’s go-to marketplace for fine jewellery, diamonds, coloured gemstones and technology. Featuring

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Indian Leaders Elected to the CIBJO Board of Directors

Vicenza: At the conclusion of the CIBJO Centenary Congress in Italy on September 7, the General Assembly elected several prominent leaders from the Indian gem and jewellery sector to the Board of Directors of The World Jewellery Confederation (CIBJO). Key Appointments & Leadership: Industry Impact & Key Initiatives Founded as the oldest global organization in the gem and jewellery trade,

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CIBJO Backs ‘Synthetic’ Terminology for Lab Growns

Vicenza: Meeting  in Vicenza, Italy, on September 7, 2026, after the conclusion of the Centenary CIBJO Congress, the organization’s Board of Directors approved a recommendation by its Diamond Commission and Coloured Stone Commission that the Blue Books be revised so that the word “synthetic” be the sole descriptor used to accurately and scientifically define a created product with the same chemical

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