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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Dassani Brothers to Launch New Collections at IIJS Premiere 2026

Mumbai: Dassani Brothers, a pioneer in the manufacturing of exquisite Polki and Jadau jewellery, will unveil two signature collections GATSBY and RAAGINI at IIJS Premiere 2026. Inspired by the brand’s Heritage Meets Modern philosophy, the collections showcase four generations of craftsmanship, blending timeless artistry with contemporary design. The GATSBY Collection draws inspiration from the bold geometry and glamour of the Art Deco era,

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Grow Your Business, Attend ‘Innov8’ at IIJS Bharat Premiere

NATURAL DIAMONDS: DESIRE, CONFIDENCE, COLLABORATION & LEADERSHIP: Mumbai: The Count down for IIJS Bharat Premiere 2026, being organized by India’s Gem & Jewellery Export Promotion Council (GJEPC) has begun. At IIJS Bharat Premiere 2026, GJEPC × GIA presents Innov8 Talks, powered by IGM (India Gold Metaverse), bringing together global leaders from the natural diamond industry to explore the future of

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India’s CG, Dubai, V V Reddy, Interacts with BDB Committee

Mumbai: India’s Consul General (CG) to Dubai, Mr. Vishnu Vardhan Reddy, visited the Bharat Diamond Boure (BDB) complex on July 24. He engaged with members of the BDB Committee. The visit enabled the CG to gather better insights into the functioning of the diamond trade, the operations within the Bourse. He also observed the smooth functioning of import-export trade in

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Dhoni Joins Malabar Gold as Brand Ambassador

Mumbai: Malabar Gold & Diamonds, a responsible jeweller, recently announced MS Dhoni as its Brand Ambassador, marking the beginning of a long-term association centred around The Responsible Jeweller, the brand’s philosophy of taking responsibility beyond jewellery. At a time when consumers are placing greater emphasis on transparency, authenticity and trust, Malabar Gold & Diamonds is reinforcing its commitment to responsibility across every

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