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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How Different are the Campaigns of WDM & DPA?

Hong Kong: First, The World Diamond Mark (WDM) was created by the World Federation of Diamond Bourses to rekindle consumers’ desire for diamonds and diamond jewellery, build trust in the retail jeweller, and consequently to boost demand for natural diamonds throughout the diamond supply pipeline. Operating as the industry’s catalyst, WDM aims to engage all diamond industry stakeholders, and invites

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CIBJO Congress concludes in Yerevan, Armenia

Milan: CIBJO, the World Jewellery Confederation, wrapped up its 2016 congress in Yerevan, Armenia, on Friday, October 28, after five intensive days of discussions on a wide-ranging set of issues facing the gemstone and jewellery industry, and sessions of its specialized commissions covering the diamond, coloured stone, pearl, coral, precious metals and gemmological laboratory sectors, as well as ethics, marketing

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S&P Sees Negative Outlook for Botswana

Gaborone: Standard & Poor’s (S&P) affirmed Botswana’s credit rating and gave the country a negative outlook, reflecting the risks over the next 12 to 18 months if the current diamond-sector slump proves more structural than cyclical in nature. The agency said it maintained its ‘A-­/A-­2’ long­ and short-­term foreign and local currency sovereign credit ratings for the country. Even so,

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Ali Pastorini Elected Presi. of Mujeres Brillantes

Bogota: The Second meeting of Latin America’s Mujeres Brillantes, (Woman Jewelers of Latin America) hosted by Cluster de Joyeria y Bisuteria de la Camara de Comercio de Bogota (Chamber of Commerce of Bogota) and took place at it’s headquarters in Bogota, Colombia, where additional 44 members attended the meeting. Established 4 months ago in Panama City, Panama the association has

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Feriel Zerouki to Leave De Beers Group

London: De Beers Group today announced that Feriel Zerouki, Chief Trade and Industry Officer and member of the Executive Committee, has decided to leave the company at the end of October 2025. Feriel joined De Beers in 2005 and has played a central role in shaping the company’s leadership in ethics, provenance and industry integrity. She led the launch of

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NITI Aayog Partners with GJEPC to Boost Exports

Mumbai: India’s gems and jewellery industry got a significant boost on 7th October 2025, when NITI Aayog and GJEPC brought together key stakeholders to discuss the sector’s future competitiveness and export potential. The hybrid event, hosted at the Bharat Diamond Bourse (BDB) with several participants joining virtually, featured Mr. Sanjeet Singh, Senior Advisor, NITI Aayog, joined by Mr. Kirit Bhansali,

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10% Traffic Increase in JGW Hong Kong

Hong Kong: Jewellery & Gem WORLD Hong Kong 2025 (JGW) recorded a 10% increase in buyer attendance over the previous edition – a cautiously positive signal against a backdrop of complex market realities, Informa Markets Jewellery announced yesterday. Despite ongoing trade tensions, supply chain disruptions and high gold prices rattling the luxury goods market, the world’s No.1 jewellery sourcing destination

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Maharashtra Announces Landmark G&J Policy

Mumbai: In a landmark move, the Government of Maharashtra yesterday announced the Maharashtra State Gem & Jewellery (G&J) Policy 2025, becoming the first state in India to introduce a dedicated policy for the gem and jewellery sector. The policy aims to attract investments worth ₹1 lakh crore and create over 5 lakh new jobs, marking a major step towards transforming

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