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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US & Japan to Invest $550 bln. on Synthetics

New York: The governments of the United States and Japan are reportedly considering directing a portion of a proposed $550 billion investment package toward establishing synthetic diamond production in the U.S., as part of a broader effort to strengthen critical technology supply chains. At the heart of the initiative is a planned synthetic diamond manufacturing facility in the United States,

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The Tariff is Illegal: US Supreme Court

Washington: US trading partners, including India, that have reached tariff deals with Donald Trump’s administration before the Supreme Court verdict, will now face a 10 per cent duty, despite higher levels they may have agreed on previously, the White House has said. The certification came after the US Supreme Court struck down Trump’s sweeping and often arbitrary duties, delivering a

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PNG Jewellers Receives IAGES Accreditation  

Mumbai: India’s gold industry is set to achieve the highest standards of ethical and responsible business practises followed, as more gold entities receive their Indian Association for Gold Excellence and Standards (IAGES) accreditation. Joining the fast-growing pan India network of verified gold retailers is the leading legacy brand PNG Jewellers (PN Gadgil Jewellers Ltd) that has received its IAGES accreditation.

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De Beers Unveiled “Voyage Through the Diamond Realm”

New Delhi: De Beers unveiled “Voyage Through the Diamond Realm,” at India Art Fair 2026. The immersive installation invites audiences to explore the mythical origins of diamonds. Through visual storytelling, scenography and soundscapes, the installation reveals the living heritage of diamonds, their cosmic and earthly journeys across time. Positioned at the intersection of art, nature and human expression, the experience

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Atul Saraf Receives Purvanchal Icon Awards

Gorakhpur: Uttar Pradesh’s leading jewellery chain Aisshpra Gems & Jewels Director Mr. Atul Saraf received Icon of the Year Award at Purvanchal Icon Awards by actor Govinda during the Purvanchal Icon Awards event held in Gorakhpur. Aisshpra Gems & Jewels has emerged as one of the credible and renowned jewellery houses of Uttar Pradesh under the leadership of Mr. Atul

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GJEPC Once Again Demands Reduction in Gold Duty

GJEPC Sends Budgetory Demands to the Govt. Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman is scheduled to present budgetary proposals in the Parliament on the 1st February, 2020. The country’s Gem & Jewellery sector as been demanding some incentives and has sent a list of its demands to the Finance Minister. Mr. Pramod Agrawal, Chairman of the Gem & Jewellery

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HRD Antwerp Announces New CEO

InAntwerp: After a long period of uncertainty, HRD Antwerp is looking to the future with a new and ambitious CEO. Ellen Joncheere, formerly the General Manager at Fremach, will be the new CEO at HRD Antwerp as of January 20th. The current interim CEO, Michel Janssens, will be retiring next summer. Ellen has worked in a wide range of other

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Mediterranean Gemmological & Jewellery Con. from May 15

Vancouver: The organisers of the Sixth Mediterranean Gemmological & Jewellery Conference, to take place in Thessaloniki, Greece, from May 15-17, have announced the top-level speakers taking part in the event. The overall theme of the 2020 conference will be ‘Valuation and Marketing Of Diamonds And Gems’, and the gathering will also feature seven parallel workshops. The conference has grown in

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