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

Winners of ‘PLAT Africa 2016’ Visit Mumbai

Mumbai: Winners of the PLAT AFRICA 2016 – (a jewellery design competition) visited Mumbai to create awareness about the platinum in India. Organised by Anglo American Platinum in collaboration with Platinum Guild International (PGI) and Metal Concentrators, the prestigious competition is open to student/ apprentice and professional jewellers in South Africa. It promotes innovation and technical expertise in the design

Read More »

Plans to Organize ‘PLAT Competition’ in India

Mumbai: ‘We are planning to organize ‘PLAT Jewellery Design Competition’ in India also,” said Ms. Vaishali Banerjee, Country Manager of India Platinum Guild International (PGI). While addressing a media conference organized to welcome winners of the ‘PLAT AFRICA 2016’ jewellery design competition in Mumbai, she said “We are in discussion with Anglo American, the organizer of PLAT AFRICA competition to

Read More »

Thailand Gems & Jewelry Fair from 15th June

Bangkok: Thai government agencies and Presidents from gems and jewelry associations across ASEAN joined the Thai Gem and Jewelry Traders Association (TGJTA) to promote the inaugural Thailand Gems & Jewelry Fair, which will be held from June 15 to 18, 2017 at IMPACT Challenger 2, Muang Thong Thani, Bangkok, Thailand. Welcoming all the supporting country-heads and trade associations, Mr. Suttipong

Read More »

Pink Diamond Smashes Records with $71M Sale

Hong Kong: Chow Tai Fook bought the Pink Star diamond for $71.2 million at Sotheby’s Hong Kong on Tuesday, making it the most valuable diamond sold at auction. The oval, mixed-cut, 59.60-carat, fancy vivid pink, internally flawless diamond went for $1.2 million per carat following a brief bidding battle broadcast live on the auctioneer’s website. The stone recaptured its title

Read More »

Roadmap for Gold Innovation & Global Reach

Mumbai: Senior leadership from the World Gold Council’s (WGC) London head office visited the Indian Institute of Gems & Jewellery (IIGJ), Mumbai, on 21 April 2026, with a clear focus on advancing gold jewellery innovation through design, technology and new product concepts. The visit explored collaboration on talent development alongside innovation-led initiatives, with the delegation also interacting with students exhibiting

Read More »

Programme of 41st WDC Available on Website

Singapore: The Organizing Committee of the 41st World Diamond Congress (WDC), to be held July 12-15, 2026, in Singapore, announced that the full programme of the three-day event is now available and can be viewed in full on the dedicated Congress website. While the Congress panels for the joint WFDB and IDMA sessions were published earlier, the full programme now

Read More »

Platinum Season of Love Begins from 17th April

Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across

Read More »

Edward Asscher Announces Candidacy for VC of the RJC

Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue

Read More »

Latest Videos