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

Forevermark Diamond Jewellery Opens Store in Mumbai

Mumbai: Forevermark Diamond Jewellery marked a defining milestone in its India journey with the grand opening of the world’s largest flagship store by De Beers Group in Mumbai. Located at Crest Link, Khar West, at the heart of Linking Road, the nearly 5,000 sq. ft. store reflects the brand’s long-term commitment to Indian consumers seeking meaningful, design-led luxury. The marquee

Read More »

JewelStart to Elivate India’s Role as “Jeweller to the World”

Mumbai: IIJS Bharat Signature 2026 witnessed a defining moment for India’s gem and jewellery industry with the launch of JewelStart, GJEPC’s first dedicated incubation and acceleration platform for gems, jewellery and allied startups. Unveiled at the show in Mumbai, JewelStart signals a deliberate move to embed structured innovation, entrepreneurship and technology-led problem solving into the industry’s growth story. Conceived as

Read More »

Platinum Jewellery Continues to Show Sustained Momentum: Vaishali Banerjee

Mumbai (By Suresh Chotai): India’s platinum jewellery sector delivered a strong performance in 2025, supported by robust consumer demand, innovative product lines, and the metal’s attractive pricing compared to gold. Despite global headwinds and periodic market volatility, domestic retail sales and exports recorded healthy growth, positioning platinum as a compelling choice for modern Indian consumers. According to industry estimates, platinum

Read More »

GJEPC Confers Hall of Fame Awards

Mumbai: The Hall of Fame is more than an awards presentation. It is the occasion reflecting the shared values and collective strength of the gem and jewellery community. GJEPC honoured their contributions that have left a lasting impact and continue to inspire the next generation. These are the leaders who have shaped the industry’s journey and its future. Dilip Kumar

Read More »

PGI Launches New Advertisement Campaign

Mumbai: The year 2020 saw the world grappling with a host of difficulties and challenges– no less for couples. But in this face of uncertainty, the solace and stability that relationships offered became more valuable than ever before as couples turned to their partners for comfort and strength. Now, entering into 2021 with trepidation and caution, it’s the love they share that

Read More »

WJA Launches Financial Empowerment Series

New York: The Women’s Jewelry Association (WJA) launched its first-ever Financial Empowerment series in partnership with The Newman Group of Oppenheimer & Co. Inc. to further the personal and professional development of women in the jewellery and watch industries. The first event, Women and Money: Taking Control of Your Financial Future, will be held virtually Wednesday, February 24th, at 1pm

Read More »

Alrosa Nets $430 Million from Jan Sales

Moscow: ALROSA, the Russian mining giant, has netted $ 430 million from January diamond sales – $ 421 million for rough diamonds and $ 9 million for polished diamonds, according to a press release issued by the Company. The company noted that the sales data for January are preliminary and subject to revision, and that more accurate and detailed information

Read More »

Gahcho Kué Mine Suspends All Operations

Toronto: The Gahcho Kue diamond mine in Canada has suspended all operations after six workers tested positive for COVID-19. It follows a separate outbreak involving workers on contractor-operated winter road 25 miles away, although health officials do not believe the two are linked. The 335 workers currently at the mine in Northwest Territories, have been confined to their rooms, “except to use the washroom and for scheduled meal times“.

Read More »

Latest Videos