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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Millennial Women Looking for Authenticity

New York: Millennial women are looking for ‘the real deal,’ with nearly 9 in 10 (89 percent) looking for authenticity when buying luxury items such as diamonds, according to a new study by the Diamond Producers Association (DPA). “Despite living in a world of fast-fashion and unlimited choices, they crave the opposite,” the DPA said in a statement. “This sentiment

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GJEPC Felicitates CISF Officials

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Praveenshankar Pandya yesterday Felicitated CISF Senior Commandant Mr. Himanshu Pandey and CISF Deputy Commandant Mr. A K Nag for their commendable efforts in nabbing two Chinese citizens for allegedly stealing diamonds worth 34 lakhs of rupees during the India International Jewellery Show (IIJS), one of the world’s largest and

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Aisshpra Gems&Jewels Helps Flood Victims

Mumbai: Taken-aback by the disastrous calamity, Aisshpra Gems & Jewels disseminated immediate relief for the victims of flood affected areas in the outskirts of Gorakhpur. Aisshpra family participated in the flood relief fund and their employees were present in the village Macchaliya to assist people with necessities like –food, water etc. The brand distributed 2500 lunch packs along with packaged

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India Bans Gold Exports Above 22 Carats

New Delhi: India has banned the export of gold products with purity above 22 carats with immediate effect to curb irregularities in the trade. The Directorate General of Foreign Trade issued a notice limiting shipments of jewellery, coins and medallions to 22 carats or below, without giving a reason. “The move may be to reduce round-tripping of jewellery and coins,

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IIJS Bharat Premiere 2026 Opens with New FTAs, New Markets

Mumbai: The 42nd edition of IIJS Bharat Premiere opened at the Jio World Convention Centre, Mumbai, today, against the most favourable trade backdrop the Indian gem and jewellery industry has ever known. A succession of free trade agreements — with the UAE, Australia, Oman and the United Kingdom, with the European Union and New Zealand to follow — has redrawn

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BDB Hosts Presentation on Fluorescence in Natural Diamonds by GIA Experts

Mumbai: In the latest round of Leadership Series talks hosted by Bharat Diamond Bourse (BDB), two senior experts from the Gemological Institute of America (GIA)-Mr. Sriram Natarajan, Senior Vice President, Global Laboratory Operations, GIA, and Dr. Yun Luo, Director, Metrology and Quality Control, GIA, highlighted some of the institute’s latest scientific research into the impact of fluorescence on the appearance of natural

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INNOV8: Innovative Seminars at IIJS Premiere

Mumbai: The India International Jewellery Show (IIJS) Bharat Premiere 2026, being held by GJEPC between 5th & 10th August at two different venues of Mumbai has, as usual also organized the Innov8, a series of innovative seminar at both the venues. The schedule is given below: Some of the key sessions at BEC Hall 6 include:6 Aug: Luxury Jewellery, Retail

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Qatar Diamond Exchange Joins the WFDB

Doha: The Qatar Diamond Exchange (QDE) has officially been admitted as a member of the World Federation of Diamond Bourses (WFDB), the exclusive organization that – as of now – unites 27 diamond bourses on five continents under common trading rules and a shared code of conduct. QDE’s admission was announced during the 41st World Diamond Congress, convened by the

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