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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FATF Warns against Business with Iran, North Korea

New York: The Financial Action Task Force (FATF) has issued a list of nine countries that it says are not taking sufficient measures to combat money laundering and terrorist financing. The intergovernmental group, which aims to protect the global financial system from those activities, recently identified Iran and North Korea as high-risk enough to warrant a “call to action.” This

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ALROSA Sells Diamonds Worth $365 Million in June

Moscow: ALROSA has announced its rough and polished diamond sales results for June and the first half of 2017. In June 2017, ALROSA Group sold USD 365 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 354.4 million, polished diamond sales – USD 10.6 million. In January–June 2017, ALROSA’s rough and polished diamond sales

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WDM Appoints New ‘Authorised Diamond Dealers’

Hong Kong: The World Diamond Mark Foundation (WDM) announced that a group of renowned retail jewellers from Belgium, Canada, Italy and Russia have joined the growing family of the World Diamond Mark® Authorised Diamond Dealers. They are DIAMANI, Diamond Blue, Oriane Jewelry and Rudiam Handmade Jewels, all from Antwerp, Belgium; Laferrière & Brixi of St-Lambert, Quebec, Canada; Luca 1959 Alta

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CFC Inaugurated in Palanpur, Gujarat

Palanpur: India’s Minister of State (Independent Charge) for Commerce & Industry (C&I), Mrs. Nirmala Sitharaman recently inaugurated a Common Facility Centre (CFC) – the Ratna Abhushan Suvidha Kendra, Palanpur. The inauguration event, held in Palanpur, Gujarat, was also graced by India’s Minister of State for Micro, Small & Medium Enterprises (MSMEs), Mr. Haribhai Chaudhary. The CFCs being set up in

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GJEPC’s Australia-New Zealand Trade Mission 

Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General

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Harshvardhan Rane is the New Face of Ti22 by Aham

Mumbai: Senco Gold & Diamonds has announced actor Harshvardhan Rane as the face of Ti22 by Aham, its latest titanium, gold and diamond collection under its dedicated men’s jewellery brand, Aham. Reflecting the evolving expression of modern masculinity, Ti22 by Aham brings together the strength and lightness of titanium with the timeless appeal of gold and diamonds. With Harshvardhan Rane at

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Let this Rakshababdhan Shine Brighter with Platinum 

Mumbai: Rakshabandhan has always been a celebration of the quirks, chaos, shared memories and quiet strength that define sibling relationships. Over the years, gifting has become an integral part of the festival – a way to express love, create new memories and celebrate the bond that grows stronger with time. As gifting becomes more personal and thoughtful, platinum jewellery is emerging as a distinctive choice for

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GJEPC Webinar Explores Niryat Protsahan Support Under Export Promotion Mission

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized a webinar recently to familiarize exporters with ‘Niryat Protsahan’ schemes under the Government of India’s Export Promotion Mission (EPM), with a focus on affordable finance, e-commerce exports and market diversification. The session featured Ms. Trupti Mhatre, General Manager, Export-Import Bank of India (Exim Bank); Mr. Sabyasachi Ray, Executive Director, GJEPC

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