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

Indian Gold Coin Now Available at Seven Banks

Mumbai: In the run-up to Diwali, HDFC Bank, ICICI Bank and Andhra Bank has partnered with MMTC and joined the existing league of banks retailing the Indian Gold Coin across the country. The Indian Gold Coin is available in denominations of 5 and 10 gm coin and 20 gm bar. The coins are currently available at MMTC outlets across India,

Read More »

KP Meeting Has Critical Issues to Discuss: WFDB

Antwerp: The World Federation of Diamond Bourses (WFDB) says the upcoming Plenary meeting of the Kimberley Process Certification Scheme (KPCS) which takes place in Dubai, UAE, from November 13-17 will have important issues on its agenda. The KPCS continues to play a critical role in curbing trade in conflict diamonds and the WFDB’s membership is fully committed to the organisation’s

Read More »

8th Edition of GGJS Begins from 6th Jan, 2017

Ahmedabad: The 7th Edition of Gujarat Gold Jewellery show (GGJS) was held at Ahmedabad which was jointly organized by and Gold Ornaments Wholesale Jewellers Association (GOWJA) with more than 600 stalls, 45 premium pavilions from across India, 20,000 trade visitors and 5 lac products. All these will shape a never-said success story on an area spread over 1.2 lac Sq.

Read More »

Petra Diamonds Production Goes up by 30%

Johannesburg: Petra Diamonds said output jumped in the first fiscal quarter as mining grades were higher. Rough diamond production grew 30 percent to 1.1 million carats in the three months that ended September 30 because of increased contribution from “undiluted run-of-mine ore.” Diamond recovery levels were also lifted by the joint acquisition of the Kimberley mines in January and the

Read More »
GJC logo

GJC Calls for Balanced Policy & Consumer Friendly Reforms

Mumbai: The All India Gem & Jewellery Domestic Council (GJC) released yesterday its half‑yearly review of the gold and silver market for 2026, noting that the first six months of the year were marked by historic peaks in bullion prices, followed by corrections that reshaped consumer sentiment and industry outlook. The Council emphasized that taxation changes, customs duty hikes, and global geopolitical

Read More »

Two New Gold & Silver Vending Machines Launched in Mumbai

Mumbai: Aspect Bullion & Refinery, the pioneer behind India’s first-ever Gold & Silver Vending Machine, has launched two new vending machine installations in Mumbai this June. This expansion marks another significant milestone in the company’s mission to make buying gold and silver more accessible, seamless, and convenient through an innovative, secure, and hassle-free purchasing experience. A vending machine was launched at

Read More »

IIJS Bharat Premiere 2026 Crosses 25,000 Registrations

Mumbai: IIJS Bharat Premiere 2026 surpassed 25,000 visitor registrations, marking a strong response from the domestic and international jewellery trade. In view of the milestone, GJEPC has extended the Phase 1 visitor registration deadline to 10 July 2026, giving buyers and trade visitors additional time to register at the current rates before the next pricing phase. IIJS Bharat Premiere 2026,

Read More »

Antwerp Presents Ring with 321 Natural Diamonds to the US 

Antwerp: During the celebration of the 250th anniversary of the United States (US) in the Parc du Cinquantenaire in Brussels, the Antwerp diamond sector presented an exclusive ring set with 321 natural diamonds to U.S. President Donald Trump. The ring symbolizes the historic trade relationship between Antwerp and the United States – for decades the most important export market for

Read More »

Latest Videos