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

Read More »

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

Read More »

Top News

CIBJO Pres Meets Thailand Commerce Minister

Bangkok: CIBJO President Gaetano Cavalieri has met in Bangkok with Mrs. Apiradi Tantraporn, the Minister of Commerce of the Republic of Thailand, to discuss preparations for the 2017 CIBJO Congress, which will take place in the city in November, and also ways in which CIBJO and the congress can assist in enhancing the role of Thailand in the international jewellery

Read More »

India to Set up Bullion Bank

New Delhi: The Indian Government is working on a gold bank that will aim at building a higher level of transparency, increase value addition, and protect customers while ensuring the growth of this job-creating sector, reports Business Standard. The government, in principle, has decided to set up a gold spot exchange, improve measures for compliance by the jewellery industry, increase

Read More »

Surat Diamantaires Observed Strike to Protest GST

Surat: The world’s largest diamond cutting and polishing centre in Surat and those in Navsari and Saurashtra observed a shutdown on Saturday to press for exemption of the diamond industry from Goods and Services Tax (GST) regime that will come into force from July 1, reports The Times of India. The call for shutdown was given by Diamond GST Sangarsh

Read More »

Assocham Demands to Postpone GST Implementation

New Delhi: The Associated Chambers of Commerce of India (Assocham) has demanded postponing GST implementation, saying that taxpayers will find it difficult to comply with the provisions of the new indirect tax regime as the IT network is not yet ready. In a letter to Finance Minister Mr. Arun Jaitley, Assocham said existing assessees have not yet migrated to the

Read More »
GJC logo

GJS-2026 Inaugurated by Mr. Uday Samant 

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) proudly inaugurated the 10th edition of the India Gem & Jewellery Show (GJS 2026 Diwali Edition), celebrated as #HumaraApnaShow—India’s most premium B2B jewellery exhibition—at the iconic Jio World Convention Centre, Mumbai. Inaugurated 2nd October, the show will continue until October 4, 2026, bringing together jewellers, designers, buyers, and industry leaders

Read More »

IAGES Brings Together Accredited Gold Ind. Stakeholders at Trust Circle

New Delhi: The Indian Association for Gold Excellence and Standards (IAGES) hosted its Trust Circle 2026 event at The Oberoi, New Delhi, bringing Accredited Partners and stakeholders from across the gold value chain together for an evening centred on trust, transparency and responsible practices in the sector. The event drew representatives from diverse segments of the gold ecosystem, including refining,

Read More »

NGS, De Beers Renew Okavango Eternal Partnership

New York: The National Geographic Society (NGS) and De Beers Group have announced the renewal of the Okavango Eternal partnership for an additional five years, reaffirming their commitment to the long-term protection of the Okavango River Basin (“the Basin”) and to conservation-related livelihood opportunities for the people who live there and help steward it. One of Africa’s most vital wetland

Read More »

Anera Silver Opens its First Store in Bengaluru

Bengaluru: Anera Silver by Kushals announced the opening of its first store in Bengaluru’s HSR Layout on 26thSeptember, marking the beginning of an ambitious retail journey for the newly launched jewellery brand. Founded by Kalpesh Gulechha, Anera Silver has been createdwith a clear point of view to build a jewellery destination where design, craftsmanship, collections and the overall experience take

Read More »

Latest Videos