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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Top News

Signet to Conduct Independent Review

New York: Signet Jewellers Limited announced that its new Board Committee, focused on Respect in the Workplace, has appointed former federal Judge Barbara S. Jones to conduct a thorough review of the company’s policies and practices regarding equal opportunity and workplace expectations. “Judge Barbara Jones’ integrity is impeccable. She and her team have had a distinguished career in matters relating

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Surat-Dubai Flight Starts from 15th May

Surat’s diamond industry is all set to glitter with the direct business links with the world’s second largest diamond centre in Dubai following the proposed launch of international connectivity by the Air India (AI) starting from May 15. For diamond traders and jewellery makers over the world, Dubai remains an important trade centre for pearls. But, of late, a growing

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Dubai Diamond Trade Sharply Jumped in 2016

Dubai: The Dubai Diamond Exchange (DDE) gained 268 new members in 2016, facilitating a sharp rise in diamond-trading activity there. A total of 945 companies now operate in the bourse, out of the 13,500 members that the Dubai Multi Commodities Centre (DMCC) hosts in its tax-free zone, according to the DMCC’s recent annual report. The DMCC, which includes commodities such

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Second DDES in Surat Concluded Successfully

Massive awareness campaign in 21 cities across India Surat’s diamond associations pledge to preserve its reputation GJEPC Chairman offers 50% discount to all Associations in & around Surat which want to install synthetic diamond detection machines Surat:  Gem & Jewellery Export Promotion Council (GJEPC), the apex body of India’s  gem & jewellery industry, organized the second edition of ‘Diamond Detection

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IIJS Bharat Signature 2026 Opens on 8th Jan

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention

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IIJS Signature 2026: Setting the Tone for a Confident Indian G&J Ind.

Mumbai: (By Suresh Chotai) As the global jewellery industry navigates shifting consumer preferences, geopolitical uncertainties, and evolving supply dynamics, India continues to stand tall as a resilient, design-led, and manufacturing-driven powerhouse. IIJS Bharat Signature 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to open the year (from 8th to 12th Jan) with renewed optimism, strategic

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Paul De Wachter Named as CEO, HRD Antwerp

Mumbai: The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with

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Mallikarjuna Reddy Yarabolu Named as MD of Forevermark India

London: De Beers Group has named retail veteran Mallikarjuna Reddy Yarabolu as Managing Director of Forevermark India, effective January 2026. With over 20 years of experience across fashion, retail and luxury, Yarabolu is expected to drive growth and deepen Forevermark’s presence in the evolving Indian jewellery market. De Beers Group has announced the appointment of Mallikarjuna Reddy Yarabolu as Managing

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