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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Botswana Says No to Open Details of Deal

Gaborone: Botswana has defended its silence on “mega” diamond mining deals saying that “no country signs transparent agreements”. Reuters recently quoted World Bank Group consultant Nils Handler as saying that government’s decision to keep the negotiation process around contracts for diamond mining and large integrated projects confidential was a cause for concern. He said a more open process, including published

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De Beers Announces Polished Auctions

Gaborone: De Beers Group today announced its Auction Sales business will pilot the sale of its own polished diamonds using auctions for the first time. The sale will comprise a wide range of polished stones manufactured directly from its rough diamonds. The polished diamonds are available following contract manufacturing of De Beers Auction Sales rough diamond products to assess what

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World Diamond Mark to Hold JCK Talks

Hong Kong: The World Diamond Mark Foundation (WDM) will hold a Keynote Talk in Las Vegas, at JCK LUXURY, on June 4th at Tradewinds C/D, Pool Level of Mandalay Bay, to launch Part of You™, its global diamond retailer promotion campaign and its brand-new B2C website www.passion.diamonds. The event is a must-attend talk for retail jewellers who wish to understand

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GJF’s PMI – Regional Networking Meet in Delhi

New Delhi: All India Gem and Jewellery Trade Federation (GJF) organises the 6th show of the 3rd edition of the PREFERRED MANUFACTURER OF INDIA (PMI) Regional Networking Meet at a glittering ceremony from 17th May to 19th May, 2017 at The Leela Ambience & Convention Hotel, 1 CBD, Maharaja Surajmal Road, Near Yamuna Sports Complex, Delhi 110 032. This is

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Resilient Growth for Platinum Jewellery in 2025

Mumbai: Platinum Guild International (PGI) presented its annual Platinum Jewellery Business Review (PJBR) in an online presentation, themed “A year of resilience”. The review set out platinum jewellery demand across key markets in 2025 and the outlook for 2026, describing an exceptional year for platinum jewellery that was best characterized as a year of resilience.   Mr. Tim Schlick, CEO of PGI, reviewed

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GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by Hon’ble Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Kirit Bhansali was representing the Gems & Jewellery sector that contributes 7%

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Registrations for CIBJO Congress Now Open

Milan: Registrations for the 2026 congress of the World Jewellery Confederation (CIBJO) via the dedicated congress website located at: www.cibjo.org/congress-2026/ are now open. The congress will take place in Vicenza, Italy, from Friday, September 4, 2026, through Monday, September 7, 2026.  The milestone event has been declared the Centenary Congress, and it will mark 100 years since CIBJO’s establishment in 1926.

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World Diamond Congress from 12 to 15th July in Singapore

Singapore: As the Organizing Committee of the 41st World Diamond Congress (WDC) is finalizing the preparations for World Diamond Congress to be held for the second time in the Island City. The Congress venue has been moved from Marina Bay Sands to the iconic, eco-chic PARKROYAL COLLECTION Marina Bay hotel . “This venue offers a more intimate, sophisticated, and beautifully sustainable setting for our

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