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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India's Gold Jewellery Exports Tumbled 24% in Jan

Mumbai: India’s gold jewellery exports dropped significantly by more than 24% year-on-year to $397.71 million (Rs. 2,707.58 Crore) in January 2017. Also, the country’s silver jewellery exports recorded marginal drop of nearly 4% to $ 253.60 million (Rs. 1,726.49 Crore). This is in accordance with the latest official monthly data released by the country’s Gem and Jewellery Export Promotion Council

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Roberto Coin Brand to be Exhibited in CARAT+

Antwerp: Roberto Coin, one of the world’s most sought-after Italian jewellery brands, has confirmed that it will exhibit at the premiere edition of CARAT+ in Antwerp, May 7 to 9, 2017. With more than 600 new models of fine jewellery created every year, the Roberto Coin brand is today distributed via more than 1,000 points of sales in some 63

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ALROSA Discovers 121ct Diamond

Moscow: Joint Stock Company “ALROSA” (PJSC), the largest in the world in terms of diamond production, announces the production of crystal weighing 121.88 carats tube “Jubilee” Aikhal GOK. Transparent yellowish crystal has dimensions 28h18h19,5 mm. Working tube “Jubilee” in an open way since 1989. The project depth of development -. 720 m, the depth of the quarry is currently more

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Panel of Judges Reconvenes for JNA Awards 2017

Hong Kong: The annual JNA Awards celebrates its sixth year with a stellar panel of judges consisting of five distinguished experts from the jewellery and gemstone industry. Organised by JNA, the JNA Awards recognises and honours companies and individuals that have demonstrated excellence, innovation and outstanding business performance to shape the growth and development of Asia’s jewellery industry. An independent

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WFDB Concludes the International Summit

Gaborone: The World Federation of Diamond Bourses (WFDB) has concluded its International Summit in Gaborone, Botswana, bringing together senior government representatives, industry leaders and stakeholders from across the global natural diamond value chain to examine the sector’s future amid shifting market dynamics and evolving consumer expectations. Held from 18-19 May in collaboration with Botswana’s Ministry of Minerals and Energy under

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WDHB Opens Nominations for World Diamond Heritage List

Singapore: The World Diamond Heritage Board (WDHB) has announced the official opening of the public nomination phase for the World Diamond Heritage List (WDHL); an inaugural selection of 100 natural diamonds of outstanding historical importance. Nominations are open from May 18 to June 18, 2026. Every person — from industry professionals to diamond lovers — is invited to nominate up

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GJEPC Meets Maharashtra CM to Discuss Key Ind. Priorities

Mumbai: Mr. Kirit Bhansali, Chairman of Gem & Jewellery Export Promotion Council (GJEPC) and Mr. Anoop Mehta, Convener, Diamond Panel & President, Bharat Diamond Bourse (BDB), yesterday met Hon’ble Chief Minister of Maharashtra Mr. Devendra Fadnavis to discuss key priorities concerning the growth and development of the gem and jewellery sector in the state. The discussions focused on strategic initiatives

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India is Committed to Strengthening Credibility in Diamond Sector

Mumbai: The Kimberley Process (KP) Intersessional Meeting 2026 concluded in Mumbai under India’s Chairship, bringing together representatives from KP Participants, Observers, industry stakeholders and civil society organizations for four days of deliberations on the future of the natural diamond sector. Welcoming the conclusion of the Intersessional, Union Minister of Commerce and Industry Mr. Piyush Goyal said India, as the world’s

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