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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Registrations Open for 2017 Presidents Meeting

Mumbai: The official web site of the 2017 Presidents Meeting and Finance Seminar has gone live, allowing participants to register for the February 5-8 biennial gathering of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). The four-day gathering, organised by the Gems and Jewellery Export Promotion Council (GJEPC) and the Bharat Diamond Bourse, will

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Cartier Unveils Hands-Free Diamond Watch

New York: Cartier unveiled an unusual watch in which the dial displays a panther chasing a ball to indicate the time, Forbes reported. Its price is yet to be decided. The Panthère Joueuse de Cartier timepiece is unique in that it has no hands. Instead, the diamond ball indicates the hours and the panther’s paw and head indicate the minutes.

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GemAtlas Webinar ‘Planning for the New Year’

Mumbai: Ernest (Ernie) Blom, President of World Federation of Diamond Bourses will address members of the trade via Webinar, on Friday the 13th of January, 2017, at 4:00 PM to 5:00 PM IST, live from Johannesburg. At this time of the year, members of the diamonds and jewellery trade are busy planning buying, business activities, advertising exercises and budgets, etc.

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Dhamani is Select Atelier for Argyle Pink Diamonds

Mumbai: Rio Tinto is delighted to welcome Middle East luxury jeweller, Dhamani as a Select Atelier for Argyle Pink Diamonds. Dhamani joins an exclusive group of master craftsman and luxury jewellers with access to a direct supply of Australia’s rare Argyle pink diamonds and entrusted with transforming Argyle pink diamonds into exquisite jewellery. Argyle Pink Diamonds manager Josephine Johnson said

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India Govt. Includes Jewellery in FTWZ

New Delhi: In a significant policy clarification, the Government of India has brought jewellery under the ambit of Free Trade Warehousing Zones (FTWZ), extending the scope of the existing framework governed by the SEZ Rules, 2006. Under a Circular dated 3rd March 2016, FTWZ units were already permitted to undertake storage and vaulting of precious commodities such as gold, silver,

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Sennes Launches its 1st Exclusive LGD Store in Noida

Noida: Backed by the legacy and trust of Senco Gold & Diamonds, Sennes – Senco’s lab-grown diamond (LGD) focused lifestyle brand – announced the launch of its first exclusive store in Noida at Gaur City Mall. This marks Sennes’ 12th store in the country and its debut in the Noida market, further strengthening its presence across key urban centres. Positioned

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Botswana Leadership Takes its Place on The World Stage

Gaborone: The Government of Botswana in collaboration with the Diamond Sector, has launched the 60 Years of Diamond Leadership Initiative and unveiled the diamond embedded medals for the Debswana World Athletics Relays Gaborone 26 at the Botswana National Museum. This moment marks a defining shift in Botswana’s diamond journey: from resource extraction to global reputation; from mineral value to public

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GJC Issues Statewide Guidelines & Multilingual SOPs 

Mumbai: The All India Gem and Jewellery Domestic Council (GJC) has launched a comprehensive industry-wide initiative to safeguard jewellery traders across Maharashtra by rolling out structured guidelines and Standard Operating Procedures (SOPs) aimed at ensuring fair, transparent, and accountable policing practices during theft investigations. This initiative follows the Government of Maharashtra’s circular dated March 14, 2024, and reflects GJC’s proactive

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