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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New Digital Innovation Reinforces Antwerp’s Global Leadership

Antwerp: The Belgian diamond federation Antwerp World Diamond Centre (AWDC) has launched an innovative digital customer screening tool, based on Regulatory Technology (RegTech) and tailored to the specific needs of the diamond industry. With this new application, the Antwerp diamond sector takes an important step forward in the prevention of money laundering, helping diamond companies to meet their legal Anti-Money

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GJSCI Signs MoU with APSSDC

Mumbai: The Gem & Jewellery Skill Council of India (GJSCI) has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh State Skill Development Corporation (APSSDC) to implement skill training programmes. The collaboration will encompass Short-Term Training programs, upskilling modules, and Recognition of Prior Learning assessments, designed to enhance talent development in the gems and jewellery sector. Through these structured

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GSI and Mindron Unveil TRUSURE APEX

Mumbai: Gemological Science International (GSI) and Mindron announced the launch of the Trusure Apex, a state-of-the-art and advanced diamond screening instrument, at a recent event. Powered by GSI, this groundbreaking tool is engineered to detect natural diamonds, lab-grown diamonds (CVD and HPHT), and non-diamond simulants such as CZ, across various jewellery types and categories, including loose, mounted, and complex polki

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WDC Urges KP to Support Historic Reform

Dubai: Feriel Zerouki, President of the World Diamond Council (WDC), opened the 2025 Kimberley Process (KP) Plenary with a decisive call for participants to support a modernized definition of “conflict diamonds,” marking a pivotal moment for the international certification scheme. Ms. Zerouki highlighted three years of hard work, drafting and negotiation led by the WDC and honored the leadership of

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GJEPC & WGC Launch Jewellery Campaign

Mumbai: The World Gold Council (WGC) today unveiled a multi-media campaign in partnership with Gem & Jewellery Export Promotion Council (GJEPC) to increase awareness, relevance and adoption of gold jewellery amongst young Indian consumers. The integrated campaign that will be rolled out in two phases through 2021, aims to attract millennials and gen-Z by building a meaningful context of role of

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Arnon Juwal Elected Chairman of IDI

Ramat Gan: The Board of Directors of the Israel Diamond Institute (IDI) yesterday elected Arnon Juwal as Chairman for a three-year term. Juwal replaces Yoram Dvash, who resigned the position last week. Arnon Juwal, a second generation diamantaire, is a partner in S.Juwal & Co., which was founded over forty years ago by his father, and which conducts business throughout

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De Beers Consolidates Leadership of Jewellery Houses

London: De Beers Group yesterday announced that Nancy Liu, CEO of De Beers Forevermark, has decided to leave the business and Céline Assimon, currently CEO of De Beers Jewellers, will expand her role to lead both jewellery houses. In her expanded capacity Céline will continue to report to Stephen Lussier, Chairman of both jewellery houses, and will shape a coordinated

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GJEPC Bestows Artisan Awards 2021

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) concluded the 4th edition of The Artisan Awards, India’s premier jewellery design competition, on July 20 at Hotel Four Seasons in Mumbai. Designers from India and overseas participated in the competition to showcase excellence and innovation in jewellery design. The Artisan Awards celebrates the highest levels of artistry through world-class pieces exhibited by designers. The

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