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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GJEPC-DPA Collaborate to Promote Diamonds

Las Vegas: The Gem & Jewellery Export Promotion Council (GJEPC) and the Diamond Producers Association (DPA) signed a Memorandum of Understanding to collaborate and boost diamond demand in the world, and to enhance the image of the diamond industry. The MoU was signed by Praveenshankar Pandya and Stephen Lussier, chairmen of the two organizations at an event held at the

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Rio Tinto Steps Up Focus on Diamond Origin

Perth: Rio Tinto has announced its intention to focus its global diamond sales and marketing initiatives on tracked jewelry collections with a clear and transparent chain of custody, from the mine to the market. Bruno Sané, general manager of marketing for Rio Tinto Diamonds said “We see a unique business opportunity for the industry to tap into the changing expectations

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Ind-Ra Expects Status Quo Monetary Policy

New Delhi: The Reserve Bank of India (RBI) is likely to maintain a status-quo on interest rates in the second bi-monthly monetary policy review on 7 June 2016, says India Ratings and Research (Ind-Ra) in a press release. The RBI is likely to focus on inflation control, liquidity management and the pending policy transmission in the near-term. The central bank

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DPA Announces New Marketing Slogan

Las Vegas: The Diamond Producers Association (DPA) unveiled a new marketing platform yesterday for diamonds during a special presentation to members of the jewelry industry at the JCK show. The DPA team, led by CEO Jean-Marc Lieberherr, outlined plans for the first category marketing campaign in over 5 years and the very first from the DPA. The new platform “Real

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NDC Launches World Diamond Day on April 8

Mumbai: The Natural Diamond Council (NDC) introduces World Diamond Day on April 8, 2026, a global movement that brings people together through the stories behind natural diamonds. On this day, everyone is invited to participate, from those who work with diamonds every day to those who wear, gift, or admire them. World Diamond Day is about sharing the personal and

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Winners of the Mega Lucky Draw Announced

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) announced the winners of Mega Lucky Draw on 23rd March, where registered paid visitors won a Mercedes-Benz, Thar, Maruti and many more exciting bumper prizes. The Mega Lucky Draw for paid visitors on the concluding day of the IIJS Bharat Tritiya Show, added a celebratory note to the show, with lucky winners

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Platinum Jewellery Shines at the 98th Academy Awards

Mumbai: The 98th Academy Awards showcased some of the most spectacular jewelry moments of awards season, with platinum serving as the setting of choice for many of the evening’s standout looks. Celebrated for its rarity, strength and naturally luminous white color, platinum provided the perfect foundation for extraordinary diamonds and rare gemstones worn by Hollywood’s leading talent. From dramatic diamond

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GJEPC Introduces  Special Recognition Award

Bengaluru: At IIJS Bharat Tritiya 2026, GJEPC introduced  special recognition award, Hidden Stars, for the very first time, dedicated to the teams who work behind the scenes and play a vital role in the success of every jewellery business. Often unseen yet highly influential, these professionals help shape important decisions, guide collections, and strengthen the very foundation of retail excellence. Their

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