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

‘Sparkle’ Show by SGCCI Postponed

Surat: The Southern Gujarat Chamber of Commerce and Industry (SGCCI) has decided to put off an exhibition of gems and jewellery, Sparkle, by a month, citing lack of sponsors following demonetisation. The event was scheduled to be held from December 16 to December 19, but now it would be held from January 19 to January 22. Every year, as part

Read More »

IZAARA wins ‘Emerging Brand of the Year Award’

Mumbai: Izaara, a premium silver jewellery brand launched by WHP Jewellers in October 2016 bags ‘Emerging Brand of the Year Award’ at World Consulting & Research Corporation’s  (WCRC) 2016 paving its way in the contemporary era for its trendy designs, unique positioning and rapid PAN India expansion. The event was held at Sahara Star on 21st December 2016 where prominent

Read More »

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 »

WGC Launches ‘It’s Aaj ka Gold’ Campaign

Mumbai: The World Gold Council (WGC) recently announced the launch of its first India-focussed gold ETF campaign, built around the powerful core message ‘It’s Aaj Ka Gold’ (means ‘Today’s gold). The campaign is aimed at modernizing gold investment for the nation’s digital-savvy young investors. The campaign aims to address the awareness–action gap and reinforce the accessibility, liquidity and strategic relevance

Read More »

GJSCI’s Initiative on Tribal Youth Empowerment

Mumbai: The Shrimad Rajchandra Skill Development Centre, set up in partnership with the Gem & Jewellery Skill Council of India (GJSCI) in September 2022, is helping tribal youth in Dharampur, Valsad, in southern Gujarat build sustainable careers in the gem and jewellery sector. The centre offers training in jewellery CAD design, a key skill in modern jewellery manufacturing. Supported by

Read More »

Zen Diamond Opens Store in Chandigarh

Chandigarh: Zen Diamond continues to expand its presence in India with the opening of its latest boutique at Nexus Elante Mall, Chandigarh. After establishing a strong foothold in Mumbai with stores in Bandra and Borivali, and further strengthening its presence in Bengaluru with two stores, Zen Diamond now brings its hallmark of exquisite craftsmanship and modern design to North India.

Read More »

Rio Tinto Concludes Its Final Beyond Rare Tender

Perth: Rio Tinto has brought its celebrated Beyond Rare Tender series to a close, presenting 52 lots of exceptional fancy colour diamonds sourced from its Australian and Canadian mines. Titled “Into The Light,” the event was the third and final edition in Rio Tinto’s annual Art Series. With the Argyle Diamond Mine having ceased operations in 2020 and the Diavik

Read More »

Latest Videos