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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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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Israel Pavilion one of the Largest at Sep. HK Fair

Ramat Gan:  The Israeli Diamond Industry will once again be one of the largest national exhibitors at the September Hong Kong Jewellery & Gem Fair this year. The Israel Diamond Pavilion, organized by the Israel Diamond Institute Group of Companies (IDI), will feature 84 companies and will extend over more than 1150 square meters. There will also be about 15

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ALROSA Joins Responsible Jewellery Council

Moscow: ALROSA, the world leader in diamond mining, has become a member of the Responsible Jewellery Council (RJC) since 11 August 2016, declared RJC in a press release. “Consumers around the world are giving great importance to the origin of diamonds in jewelry. We believe it is important to demonstrate to the consumer that diamond mining is a socially responsible

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Excelsior to Provide Liquidity to G&J Industry

New York: Excelsior Capital Ventures (ECV) LLC, announced today that it will be making substantial liquidity available to the mid-stream diamond and jewelry industry. The New York based firm, founded by industry leader Nehal Modi, said it expects to begin lending operations on October 3, 2016 and will provide loans secured by diamond and precious metal inventories. In making the

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DEF Grants Educational Funding in India, DRC

Mumbai: The Diamond Empowerment Fund (DEF) announced two new grants totaling $130,000 to educational institutions in India and the Democratic Republic of Congo (DRC). The DEF and its board approved a $100,000 award to Veerayatan, marking the second consecutive year that the fund has given financial backing to the organization. Veerayatan was the first educational institution in India to receive

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