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

Read More »

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

Read More »

Top News

“Diamonds & Antwerp, it’s in our DnA!”

Antwerp: The Antwerp diamond industry launched a new campaign yesterday that aims to reinvigorate the city’s reputation as diamond capital of the world, both at home and abroad. “Diamonds and Antwerp, it’s in our DnA” celebrates more than five centuries in which the city has been synonymous with diamonds, highlighted by a festive diamond themed period, starting October 2017, organized

Read More »

ALROSA Recovers a 241.21-Carat Diamond

Moscow: ALROSA, the world’s leader in diamond mining, has recovered a 241.21-carat rough diamond from the Nyurbinskaya diamond pipe. It is one of the largest rough diamonds recovered in the Russian Federation and the third largest among those found at the Nyurba Mining and Processing Division. The crystal measures 38.64 mm by 27.34 mm by 25.46 mm, and is translucent

Read More »

Rockwell Diamonds’ Productivity-Sales Jump in Q1

Vancouver: As a result of continuous improvement of mining throughput, Rockwell Diamonds has reported improved production and sales performance after a tumultuous quarter of the last financial period, with the volume of diamonds produced in Q1 (the three months ended May 31, 2016) up 32% compared to the first quarter of 2016 and up 7% on Q4 2016, “chiefly due

Read More »

IIa Technologies Wins SME100 Award

Singapore: Singapore-based IIa Technologies, the world leader in Grown Diamond technology, received the prestigious SME100 Awards for Singapore’s Fast Moving Companies on June 10, 2016. Independently researched, ranked and published by SME & Entrepreneurship Magazine, SME100 ranks the top 100 fast moving companies in selected countries in Asia based on both quantitive and qualitative criteria. Vishal Mehta, CEO, IIa Technologies

Read More »

GJEPC Launches 'Jewellers for Hope' Campaign

Mumbai: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has initiated its first edition of ‘Jewellers for Hope’ campaign, a CSR activity with an objective to build a CSR fund that will be used to support various social causes. A charity dinner has been hosted by the GJEPC in Mumbai’s Grand Hyatt on Friday for the

Read More »

Sonam Kapoor Walks on Ramp to End IIJW

Mumbai: The 5th edition of 4-day India International Jewellery Week (IIJW) ended with a grand finale wherein Best of the Best Collections were displayed by gorgeous models. The ramp was set on fire when Brand Ambassador of Gem & Jewellery Export Promotion Council (GJEPC) and cute Bollywood actress Sonam Kapoor walked at the grand finale of the IIJW 2014 held

Read More »

31st Edition of the IIJS Inaugurated

Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 31st Edition of India International Jewellery Show today at Bombay Exhibition Centre, Goregaon – the paramount show for the trade in Asia. The show is being organized from 17th to 21st July 2014 and will have 35000 visitors, over 850 plus exhibitors and 1800 booths from India and Overseas.

Read More »

De Beers Probe into Data Leak is Nearing End

Gaborone: DE BEERS Consolidated Mines (DBCM) is close to completing a probe into the leak of sensitive data about its pricing of rough diamonds and details of sales to South African clients, company CEO Philip Barton has said. There was a leak of the De Beers price book, which contains diamond valuation data and customer details and invoices in South

Read More »

Latest Videos