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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De Beers’ 7th Sales Cycle Fetches $630 Million

  Gaborone: De Beers sold $630 million of rough in its seventh sales cycle this year as diamond cutters increased their demand for stock ahead of the forthcoming holiday season. Revenue grew from a revised $528 million in the previous cycle, the miner said. A year ago, sales stood at $358 million. The figure includes the latest De Beers sight

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KP, AWDC to Hold Sp. Forum on Rough Evaluation

Antwerp: Kimberley Process (KP) Chair Ahmed Bin Sulayem has announced the second in a series of three, one-day ‘Special Forums’ on rough diamond valuation to be held on September 30 at the Hylitt Hotel in Antwerp. The forum aims to foster debate on the future shape and methodology of rough diamond valuation. In association with the Antwerp World Diamond Conference

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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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IIJS Bharat Signature 2026 Opens on 8th Jan

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) is set to open the global jewellery calendar with the 18th edition of IIJS Bharat – Signature 2026, the first global B2B jewellery trade fair of the year, scheduled to be held across two premier venues in Mumbai later this week. The exhibition will be held at the Jio World Convention

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IIJS Signature 2026: Setting the Tone for a Confident Indian G&J Ind.

Mumbai: (By Suresh Chotai) As the global jewellery industry navigates shifting consumer preferences, geopolitical uncertainties, and evolving supply dynamics, India continues to stand tall as a resilient, design-led, and manufacturing-driven powerhouse. IIJS Bharat Signature 2026, organized by the Gem & Jewellery Export Promotion Council (GJEPC), is poised to open the year (from 8th to 12th Jan) with renewed optimism, strategic

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Paul De Wachter Named as CEO, HRD Antwerp

Mumbai: The Board of Directors of HRD Antwerp, a subsidiary of the Antwerp World Diamond Centre (AWDC), has appointed Paul De Wachter as its new CEO. Bringing over twenty years of experience and a proven track record in the international diamond industry, De Wachter is to take charge as CEO from January 5, 2026. As CEO, he is tasked with

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Mallikarjuna Reddy Yarabolu Named as MD of Forevermark India

London: De Beers Group has named retail veteran Mallikarjuna Reddy Yarabolu as Managing Director of Forevermark India, effective January 2026. With over 20 years of experience across fashion, retail and luxury, Yarabolu is expected to drive growth and deepen Forevermark’s presence in the evolving Indian jewellery market. De Beers Group has announced the appointment of Mallikarjuna Reddy Yarabolu as Managing

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