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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Second LatAm Diamond and Jewelry Week Opens

Panama: The Second Latin American Diamond and Jewelry Week opened yesterday at the World Jewelry Hub (WJH) in Panama City, in the presence of government and industry leaders, as well as buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and around the world. The guest of honor at the opening ceremony

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Gemfields Joins JNA Awards ’16 as Headline Partner

Hong Kong: Gemfields, the world’s emerald, ruby and amethyst miner, has joined the distinguished list of sponsors for the 2016 edition of the JNA Awards. The awards programme aims to promote and uphold excellence in innovation, creativity, leadership, sustainability and business practices. The London-listed, multinational mining company joins Rio Tinto Diamonds and Chow Tai Fook as a JNA Awards Headline

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WDM Introduces Retailer Opinion Poll

Hong Kong: The World Diamond Mark (WDM) has released its WDM Retailer Opinion Poll, in an effort to determine what services retailer jewellers need most in their stores to advance generic diamond promotion to the consumer public. The poll, among others, asks retailers to rank the type of services they wish to access in the field of promotion, education, business

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Gemfields Ruby Sale Fetches $44M

London: Gemfields said it is launching a campaign to market rubies from Mozambique after the company reported its largest sale to date for stones from the country’s Montepuez mine. The miner sold $44.3 million of rough rubies and corundum from Montepuez at an auction in Singapore from June 13 to 19, breaking a record of $43.3 million set in December

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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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