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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Boodles is Select Atelier for Argyle Pink Diamonds

London: UK luxury jeweller, Boodles has become a Select Atelier for Rio Tinto’s Argyle Pink Diamonds. Boodles joins an exclusive group of master craftsman and luxury jewellers entrusted with transforming Argyle pink diamonds into exquisite jewellery. Josephine Johnson, manager of Argyle Pink Diamonds said “Boodles are an exciting British fine jeweller with over two centuries of heritage, who continue to

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New Synthetic Detection Technology by IIDGR

London: The International Institute of Diamond Grading & Research (IIDGR), part of The De Beers Group of Companies, today announced that it will unveil the latest addition to its suite of synthetic detection technology at the forthcoming Hong Kong Jewellery & Gem Fair between 14 and 18 September 2016. The new instrument, PhosView™, is a compact, self-contained screening device designed

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GJEPC Discusses Mumbai Jewellery Park with Govt.

New Delhi: The representatives of India’s Gem & Jewellery Export Promotion Council (GJEPC) recently hosted a meeting with senior officials of various government departments to discuss the proposal for setting up the “Mumbai Jewellery Park” (MJP) to facilitate development of a modern centralized infrastructure for gold jewellery manufacture in close proximity to the city. The upcoming MJP is a mega-project

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German Jeweller Awarded AAD by WDM

Hong Kong: Designer Diamonds, a family-owned engagement and wedding ring retailer headquartered in Munich, Germany, and the World Diamond Mark Foundation (WDM), a non-for-profit organization established in 2012 by the World Federation of Diamond Bourses (WFDB), have signed an accreditation agreement that secures the status of Designer Diamonds not only as the first WDM retailer in Germany, but also as

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BDB Launches its Official E-Newsletter

Mumbai: Mr. Bhushan Gagrani, IAS, Commissioner of the Brihanmumbai Municipal Corporation yesterday launched the first edition of ‘BDB e-News’, the official e-newsletter of Bharat Diamond Bourse (BDB). The newly launched news platform is part of a planned strategic upgrade in BDB’s use of digital communications to boost dissemination of information and stakeholder engagement. The launch took place at a special

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India’s G&J Exports Remain Stable in Apr 25 Jan 26

Mumbai: India’s gem and jewellery (G&J) exports remained broadly stable during April 2025–January 2026, reflecting resilience amid global trade headwinds and tariff-related pressures in key markets. Overall gross exports stood at US$ 23.19 billion (₹2,03,280.72 crore), registering a marginal decline of 0.64% in dollar terms while growing by 3.57% in rupee terms, compared to exports of US$ 23.33 billion (₹1,96,277.49

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GJEPC Felicitated Piyush Goyal and Jitin Prasada

New Delhi: A delegation of India’s Gem & Jewellery Export Promotion Council (GJEPC), led by its Chairman Mr. Kirit Bhansali recently felicitated Commerce & Industry Minister Mr. Piyush Goyal and MoS Mr. Jitin Prasada in New Delhi on the successful completion of the India–USA Interim Agreement. The conversations were directed toward scaling exports and fortifying India’s gem & jewellery trade

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Namibia Joins Luanda Accord: GJEPC, DMCC to Become Members of NDC

Cape Town: The Luanda Accord held its second high-level meeting at the African Mining Indaba 2026, marking an expansion of collective action in support of global generic marketing for natural diamonds, led by the Natural Diamond Council (NDC). The Accord brings together diamond-producing governments and industry stakeholders committed to sustained investment in protecting and promoting the natural diamond category. Its

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