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

De Beers Abandons Search in N. Saskatchewan

Vancouver: The world’s largest diamond mining company says it is walking away from its search for the precious stones on a 43,000-acre property in northern Saskatchewan after several “targets” turned out to be magnetic minerals mixed with organic materials. De Beers Canada Inc. started looking for kimberlite — a volcanic rock famous for containing diamonds — north of the decommissioned

Read More »

VicenzaOro Show to Emphasise on CSR

Vicenza: The VicenzaOro January show which is being held from Jan 20-25, 2017 will have a range of activities that focus on the theme ‘Responsible Gold’ to emphasise the importance of CSR activity by the industry. This will be the first jewellery show to be presented by Italian Exhibition Group S.p.A. (IEG), the trade show company founded after the merger

Read More »

Gem & jewellery Exports to EU worth $3 bn at Risk

Mumbai: Gems and jewellery export to the European Union worth upwards of $3 billion a year is at risk due to the country’s exclusion in the list of Generalized System of Preferences (GSP), a practice which offers tax incentives from origin to destination countries, reports Business Standard. India enjoyed customs duty benefits to the tune of 2.5-4 per cent and

Read More »

Rockwell Signs Agreement with Nelesco

Johannesburg: Rockwell Diamonds Inc has announced that it had entered into a purchase and sale agreement with Nelesco 318 Proprietary Limited for certain of its non-core assets as part of its recently announced strategic repositioning and business turnaround plans. The Company said that it will use the money thus raised along with funding by two of the key shareholders and

Read More »

Kama Jewelry Turns 30

Mumbai: Mumbai-based Kama Jewelry has marked three decades of fine jewelry manufacturing, Rs.982 Crore in revenue, 1,200 craftspeople, 260+ clients across four continents, and a 27% CAGR that rivals the best long-term compounders in Indian business. • Rs.982 Cr — FY2025-26 Revenue | +22% YoY growth• 27.1% — 30-Year CAGR | No outside capital raised• 1,200+ — Master craftspeople, all

Read More »

Record Gold Prices Continue to Shift Demand Dynamics

Mumbai: The World Gold Council’s (WGC) Q1 2026 Gold Demand Trends report reveals that total quarterly gold demand (including OTC) reached 1,231t, a 2% increase year-on-year. While volumes increased modestly, the value of demand surged to a record US$193bn, up 74% year-on-year. Around the world, retail investors were drawn to gold’s price momentum and safe-haven appeal,driving bar and coin demand

Read More »

NDC Plans Higher Spend for India: Amber Pepper

Mumbai: Ms. Amber Pepper, the newly appointed CEO of the Natural Diamond Council (NDC), signalled a major strategic shift towards the Indian market during a high-level meeting at the Gem & Jewellery Export Promotion Council (GJEPC) head office in Mumbai on 30th April. Accompanied by Ms. Richa Singh, Managing Director for India and the Middle East, NDC, Pepper met with top

Read More »

‘Know Your Diamonds-From Basics to Boosting Sales’

Chandigarh: HRD Antwerp, in collaboration with the Johari Association Chandigarh, successfully hosted an exclusive retailer seminar recently titled “Know Your Diamonds – From Basics to Boosting Sales” at The Piccadily Chandigarh. The seminar witnessed strong participation from jewellery retailers across Chandigarh, who gathered to gain deeper insights into diamonds, certification, and modern retail selling strategies.3 Key Takeaways from The Seminar:

Read More »

Latest Videos