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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$174.6 Million Jade Stone Discovered in Myanmar

Naypyidaw: Miners in Myanmar have uncovered a jade stone that is estimated to be worth $174.6 million. The stone, which measures 18 feet by 18 feet by 9 feet and is estimated to weigh 175 tons, was uncovered at a mining site operated by the Yadanar Taungtan Co. and the Ministry of Mining. ”We thought we had won the lottery,”

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Dev Shetty Resigns from Gemfields

London: Gemfields plc has announced, through an official press release the resignation of COO, Mr. Devidas Shetty, who will leave the Gemfields Group and step down from the board of directors on Monday the 31st October 2016 to pursue new opportunities outside of the business. Janet Boyce, CFO, will join the board on that date subject to completion of standard

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Glimpz-16 Exhibition by IIGJ Students Concluded

Mumbai: ‘Glimpz-16 ‘Exhibition was an important event for the Indian Institute of Gems & Jewellery (IIGJ), Mumbai. Every year the 3 Year Diploma Course culminates with a Graduating Project during which the students create collections of jewellery on particular themes. This year the students of Diploma Bach 10 were asked to work on the Theme “Innovate” where they were inspired

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CIBJO Congress 2016 from 26th Oct in Armenia

Milan: With the 2016 CIBJO Congress set to open in Yerevan, Armenia, in eight days’ time, agendas and related documentation for the various sessions and meetings that will take place during the event are now available online. Contained in a Digital Binder, they can be downloaded from the dedicated congress website. The schedule of the CIBJO Congress includes a series

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Lukson Jewels Grows with 25% Month on Month Expansion

Mumbai: Lukson Jewels, India’s emerging lab grown diamond (LGD) jewellery brand founded by third generation diamantaire Anand Lukhi, is witnessing accelerated growth as demand for conscious luxury and everyday fine jewellery rises among Millennial and Gen Z consumers. Backed by the 34-year legacy of the JK Star Group, the brand continues to strengthen its position within the evolving fine jewellery

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GJEPC Offers Exciting Prizes at IIJS Tritiya Show

Bengaluru: Count-down has begun for the much awaited IIJS Bharat Tritiya Show at Bengaluru International Exhibition Centre to be held between 21st to 23rd March 2026. India’s Gem & Jewellery Export Promotion Council (GJEPC), the organizer of the Show has added a new attraction this year offering bumper prices like Mercedes Benz, Mahindra Thar cars and many more. The Mega

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WGC Unveils ‘The Moment is Gold 2.0’ Campaign

Mumbai: The World Gold Council (WGC) has recently launched the second phase of its campaign, ‘The Moment is Gold’, reinforcing gold’s evolving role in contemporary lifestyles. With its second phase, the campaign positions gold as a modern social currency celebrating personal milestones, individual aspirations, and meaningful everyday achievements beyond traditional occasions. The initiative reflects a clear cultural shift, where gold

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Distinguished Women of the G&J industry Honored with Golden Girls Awards

Mumbai: The India Bullion & Jewellers Association Ltd. (IBJA), in association with Heera Zhaveraat, the B2B trade magazine for the global Gem & Jewellery industry, recently hosted the 4th Golden Girls Award (GGA) in Mumbai. The Golden Girls Award (GGA) provided a platform to celebrate and recognize the outstanding accomplishments of women entrepreneurs in the industry, highlighting their persistent dedication

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