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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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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Just Pay Rs. 900 and Own a Diamond

New Delhi: Your dream to buy diamonds will soon be within approachable range soon. You can now invest in high quality diamonds by investing as little as Rs 900 per month for 30 months, as per a report in the Economic Times. Paving the way for diamond futures trade, markets regulator Securities and Exchange Board of India (SEBI) has given

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India’s G&J Exports Grew by 4% in Q1

New Delhi: India’s gems and jewellery exports grew by about 4 per cent to USD 9.17 billion during the first quarter of the current fiscal, driven largely by demand in major markets like the US. In the April-June quarter of last financial year, the sector’s exports aggregated to USD 8.84 billion, according to the data from Gems and Jewellery Export

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Surat to Set Diamond Bourse in 2 Lakh Sq. Yards

Surat: Surat, known as a hub for processing of rough diamond is readying itself to set up a world class diamond bourse having trading facilities which will integrate processing and house all those interested in diamond business at one place, reports The Times of India. The proposed bourse may be of the size of the one existing in Mumbai. Mumbai’s

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EGL Uncovers 4 Synthetics in Parcel of 20 Stones

Ramat Gan: In an unusual case, EGL International in Israel said it has discovered four synthetic diamonds in a parcel of 20 stones submitted by a long-time client, reports idexonline.com. The lab-grown diamonds were uncovered in the first phase of testing using FTIR infrared spectroscopy, said EGL International Managing Partner and CEO, Guy D. Benhamou, who added that the diamonds

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Bitcoin Growing in Adoption

New York: The cyber currency bitcoin is seeing increasing adoption, said a May 31 panel on “Bitcoin and the Jewelry Industry: What You Need to Know.” “In terms of the world’s economic system, bitcoin is doing small numbers,” said the panel’s moderator Verichannel CEO Jacques Voorhees, whose son works for a bitcoin company. “But the adoption rate is soaring.” Some

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Fresh Diamond Looting Spree in Marange

Harare: Observers have reported a fresh diamond looting spree, with security and army chiefs said to be working hand in glove with senior mining companies’ staff in the scam. Reports said the swindle is being spurred on by panic among mining staff members who are not sure of their fate following a government announcement that it will streamline diamond mining

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