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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Antwerp’s Diamond Trade Slightly up in H1

Antwerp: From January to June, 111.1 million carats of rough and polished diamonds were traded on the Antwerp diamond market, as compared to 102.8 million carats in the first half of 2015. The trade figures for polished diamonds remained stable but were lower than last year. The rough trade increased as compared to 2015. During the first six months this

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Petra and Ekapa Enter into Joint Mining Venture

Johannesburg: Petra Diamonds Limited announced it has entered into an unincorporated joint venture agreement with Ekapa Mining (Pty) Ltd. named the Kimberley Ekapa Mining Joint Venture. The respective operations comprise Petra’s Kimberley Underground mines, Ekapa’s tailings operations and Kimberley Mines tailings operations. The joint venture agreement came into effect on July 1, with Petra and its BEE partners holding 75.9

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GII Builds Synthetic Diamond Detecting Machine

Mumbai: To address the threat of undisclosed mixing of Synthetic diamonds with Natural Diamonds, the Gemmological Institute of India (GII), a project of Gem & Jewellery Export Promotion Council (GJEPC) and co-sponsored by Bharat Diamond Bourse (BDB) has introduced a new instrument which immediately detects synthetic diamonds. The instrument which has been named as “Quick-Check”, has been indigenously designed by

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Russian Manufacturers Request State Support

Moscow: On the eve of the abolition of the 6.5% export duty on diamonds coming on September 1, 2016, Russian diamond cutters said they would need large-scale state support. As the Kommersant Daily came to know, the largest local diamond industry enterprise, which is Smolensk-based Kristall, proposed to introduce new protective market mechanisms, stating that without them, Russian diamond manufacturers

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IIJS Bharat Signature Pillars Honoured

Mumbai: Behind the scale and precision of IIJS Bharat Signature 2026 lies months of planning and on-ground execution by teams who rarely step into the spotlight. At the ceremonial opening at the Bombay Exhibition Centre, NESCO, GJEPC recognized these efforts through the felicitation of the IIJS BharatPillars, honouring individuals whose behind-the scenes work shapes the show year after year. Those

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IIJS Bharat Signature Opens at BEC

Mumbai: The grand ceremonial opening of the Bombay Exhibition Centre (BEC) on 9th January marked a defining moment for IIJS Bharat Signature 2026, bringing together industry leadership, diplomacy and retail at onestage. The occasion reinforced why the first global gem & jewellery show of the year remains the trade’s early year barometer, not just for sentiment, but for direction. Speaking

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IIJS Bharat Signature 2026 Inaugurated at JIO

Mumbai: As the first global jewellery show of the year, Signature once again became the place where expectations for the months ahead began to take shape. The Show was thrown open at the JIO World Centre, BKC, Mumbai on 8th January. In his opening remarks, Mr. Kirit Bhansali, Chairman, GJEPC positioned 2026 as a pivotal year for the sector, marked

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Candere Opens Three Stores in Maharashtra

Mumbai: Candere, the lifestyle jewellery brand by Kalyan Jewellers known for its modern and trend-led designs, has expanded its retail presence in Maharashtra with the launch of three new stores in Kandivali, Nashik, and Kolhapur. These new additions further reinforce the brand’s commitment to offering accessible, stylish, and contemporary jewellery for today’s discerning customers. The newly launched stores mark Candere’s

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