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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WHP Jewellers' New Store in Navi Mumbai

Mumbai: WHP Jewellers broadened their horizon in Navi Mumbai with the launch of WHP Store in Seawoods Grand Central Mall, Navi Mumbai. The store was inaugurated on 11th August 2017 in presence of Mr. Subhash Pethe & Mr. Aditya Pethe, Director, WHP Jewellers and other prominent personalities. Established by Late. Shri Waman Hari Pethe and Late Shri. Ganesh Hari Pethe

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GJF Reacts Sharply on Economic Survey

New Delhi: The Goods and Services Tax (GST) rate of 3% on gold is low and needs to be increased as it is consumed by the “very rich”, feels chief economic advisor Arvind Subramanian, the author of the Economic Survey. According to the Economic Survey Volume II 2016-17, tabled in Parliament on Friday, “The tax on gold and jewellery products

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Guaranteed Quality Jewellery from Thailand

Bangkok: The Department of International Trade Promotion (DITP), Ministry of Commerce, guarantees the quality and craftsmanship of Thai jewellery brands with the Thailand Trust Mark or T Mark, a symbol of trusted quality and excellence, while preparing to host the 60th edition of the Bangkok Gems and Jewellery Fair which will take place from September 6 to 10 at Challenger

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Being Human Jewellery Now in Real Gold

Mumbai:  Being Human Foundation had tied up with Style Quotient Jewellery Pvt. Ltd. last year to launch Being Human Fine Diamond Jewellery. The brand has now unveiled their all new Gold range with 5 differentiated lightweight daily-wear collections crafted in 18KT gold at IIJS 2017. Style Quotient Jewellery Pvt. Ltd is the exclusive global licensee of Being Human Jewellery has

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Platinum Jewelry Takes Center Stage at the Emmy Awards

Mumbai: The 78th Emmy Awards delivered a dazzling showcase of fine jewelry, with platinum featured in many of the evening’s most memorable red carpet looks. Prized for its rarity, enduring strength and naturally luminous white color, platinum provided the ultimate setting for extraordinary diamonds and rare gemstones worn by some of television’s biggest stars. From striking diamond earrings to contemporary

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De Beers Group Science & Technology Showcases SynthDetect 2

London: De Beers Group’s Science & Technology division today revealed SynthDetect 2, the next generation desktop diamond screening instrument. The first SynthDetect instrument and its successor SynthDetect XL – released in 2017 and 2018 respectively – have been among the most successful instruments in De Beers Group’s suite of diamond verification instruments due to their outstanding technical screening functionality and

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Amit Shah Graces 52nd India Gems & Jewellery Awards

Industry’s premier awards bring together national and state leadership, recognising excellence and India’s growing global ambitions Mumbai: In a landmark gathering that brought together the country’s political leadership and the leadership of India’s gem and jewellery industry, the Gem & Jewellery Export Promotion Council (GJEPC) hosted the prestigious 52nd India Gems & Jewellery Awards (IGJA), with Shri Amit Shah, Hon’ble

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Gemfields Generates $29.6m from Emerald Auction

London: Gemfields Group Limited announced that its latest commercial-quality emerald auction generated $29.6 million, with every lot sold and the average realized price rising sharply from its previous sale. The auction, held between 24 August and 10 September, achieved $9.72 per carat, compared with $7.46 at the November-December 2025 auction. Total proceeds were also up from $25.4 million despite the volume

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