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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MS Dhoni Reveals His Most Cherished Platinum Moments

Mumbai: Men of Platinum, the men’s jewellery brand from Platinum Guild International (PGI) India, brought its highly anticipated #MomentWithMahi campaign to a thrilling close with an exclusive fan meet-and-greet with MS Dhoni at the iconic Taj Lands End, Mumbai. This one-of-a-kind experience was the culmination of the brand’s festive purchase programme — a rare reward for select consumers who purchased

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GJEPC Hails the India-US Trade Agreement

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has hailed the landmark India-U.S. trade agreement as a “vital relief measure for India’s gem and jewellery sector”, which faced severe pressure from escalating U.S. tariffs. GJEPC extends its deepest appreciation to the Hon’ble Prime Minister Mr. Narendra Modi, the Hon’ble President of USA Mr. Donald Trump, the Hon’ble Commerce &

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Kirit Bhansali Applauds the Union Budget

Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman has presented the Union Budget for 2026-27 which is hailed by the Gem & Jewellery Export Promotion Council (GJEPC). Through an official Press Release its Chairman Mr. Kirit Bhansali says: “We thank the Government for a positive, growth-focused Budget that addresses key bottlenecks and gives fresh momentum to India’s gems and jewellery sector.

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G&J Trade Welcomes the Union Budget

Mumbai: India’s Finance Minister Mrs. Nirmala Sitharaman presented the union budget for 2026-27 yesterday in the parliament. Provisions of which are welcomed by India’s gem & jewellery (G&J) trade. Mr. Rajesh Rokde, Chairman, All India Gem & Jewellery Domestic Council (GJC): “The Union Budget 2026–27 reflects a stable and sensitive approach towards the Gems & Jewellery industry. The absence of

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ICRA Revises Diamond Industry Outlook to Negative

Mumbai: The domestic cut and polished diamond (CPD) industry will be significantly hit by the coronavirus impact in China and weak demand in key markets. Consequently, ratings agency ICRA has revised the CPD industry outlook from stable to negative, in view of the ongoing shutdown in parts of China and Hong Kong, reports Business Line. China accounts for 14 per

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De Beers Reports Lower Production & Sales in 2019

London: De Beers has reported lower production, sales and underlying earnings for 2019 as it faced “significant challenges for rough diamond demand”. It predicted the return to “a more balanced position” of stock levels and an increase in production in 2020 in its preliminary financial results for last year, published recently. But it sounded a note of caution over a

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DP Jewellers Launches Forevermark at its Store

Indore: With a legacy of almost 80 years, DP Jewellers has partnered with Forevermark, the diamond brand from the De Beers Group by launching the brand at their jewellery store in Indore. Forevermark diamonds are the world’s most carefully selected diamonds, while DP Jewellers enjoy the customer’s trust to offer some of the best designs in finest quality. The synergies of these two brands has brought

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Bharat Diamond Week from 5th to 7th Aug 2020

Mumbai: The Bharat Diamond Bourse (BDB), the largest diamond bourse in the world, has announced the dates for the fourth edition of the Bharat Diamond Week (BDW), the world’s biggest polished diamond and diamond jewellery show. The fourth edition of the show will run from August 5-7 at the BDB in Mumbai, India. The event is expected to be a

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