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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SDA Demands International Airport for Surat

Surat: The Surat Diamond Association (SDA) and the Gem and Jewellery Export Promotion Council (GJEPC) have written to Prime Minister Narendra Modi to provide international airport at Surat at the earliest to facilitate smooth import and export of polished and rough diamonds, reports The Times of India. SDA office-bearers said that polished diamonds worth over Rs. 1 lakh crore are

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Gem Diamonds Puts Ghaghoo Mine on Hold

Gaborone: Gem Diamonds will stop production at the Ghaghoo mine in Botswana, effective immediately, due to a slump in prices, the company said Thursday. The miner has decided to place the asset on “care and maintenance,” meaning it will put diamond recovery on hold but keep managing the site until market conditions improve. The average price of rough diamonds extracted

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10th Convocation Ceremony Held at IIGJ Mumbai

Mumbai: On February 14th , 2017 members of the Indian Institute of Gems & Jewellery gathered with students, their family, and friends to celebrate Convocation. On this day, the students of Diploma Batch 10TH were declared graduates at the D.Navinchandra Auditorium at IIGJ, Andheri East. The presence of Chief Guest – Mr. PremKumar Kothari – Chairman – GJSCI, Mrs. Namita

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Change in Address of NY Diamond Dealers Club

New York; The Diamond Dealers Club (DDC) of New York will move to new premises at the International Gem Tower (IGT), enabling more companies to beat Manhattan’s sky-high rents by relocating their offices to the trading floor. The DDC signed a contract with Extell Development to secure about 17,500 square feet on the 11th floor of the building, which is

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IIJS Bharat Premiere-the Show that Broke all Records

Mumbai: 42nd edition of IIJS Bharat Premiere 2026, organized by the Gem & Jewellery Export Promotion Counci (GJEPC), concluded in Mumbai on 10th August, the strongest B2B edition in the show’s 25year history. The numbers tell all. Spanning 135,000 sq. metres across the Jio World Convention Centre (JWCC) and the Bombay Exhibition Centre (BEC), the show hosted 2,100+ exhibitors across

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IIM Ahmedabad & GJC Continue Landmark Collaboration

Ahmedabad:  All India Gem & Jewellery Domestic Council (GJC), the apex body of India’s gems and jewellery sector, is building on the resounding success of last year’s inaugural edition by advancing its landmark collaboration with IIM Ahmedabad through GemLead Focus — an exclusive executive masterclass designed to redefine leadership, excellence, and advanced development for the industry. This year’s programme, held from 31st August to 3rd September 2026 at

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GJEPC’s Australia-New Zealand Trade Mission 

Mumbai: The Brisbane portion of GJEPC’s Australia-New Zealand trade mission brought Indian gem and jewellery exporters into discussions with Queensland’s jewellery retailers, wholesalers and business bodies, while reinforcing the opportunities created by the India-Australia ECTA. Led by Vijay Mangukiya, Convener – International Events, GJEPC, the delegation visited Brisbane on 24-25 August 2026 and met Ms. Neetu M. Bhagotia, Consul General

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Harshvardhan Rane is the New Face of Ti22 by Aham

Mumbai: Senco Gold & Diamonds has announced actor Harshvardhan Rane as the face of Ti22 by Aham, its latest titanium, gold and diamond collection under its dedicated men’s jewellery brand, Aham. Reflecting the evolving expression of modern masculinity, Ti22 by Aham brings together the strength and lightness of titanium with the timeless appeal of gold and diamonds. With Harshvardhan Rane at

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