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

D.P. Abhushan Delivers Strong Performance in Ǫ2

Mumbai: D.P. Abhushan Limited (NSE: DPABHUSHAN, BSE: 544161), a company marking golden legacy of 85 years into Jewellery Industry known for its highest purity & designs standards, transparency & wide range of products portfolio at 11 different geographics in India, announced its financial results for the Second quarter and half year ended 30th September 2025. Ǫ2FY2C Highlights: H1FY2C Highlights: Commenting on the performance,

Read More »

GJEPC Charts $100 Bln. Export Vision for India’s G&J Sector

New Delhi: Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was invited to attend the meeting organized with selected representatives of various industry sectors that contribute majorly to India’s merchandise exports chaired by the Prime Minister Mr. Narendra Modi at New Delhi, on 3rd November 2025. Mr. Bhansali was representing the Gems & Jewellery (G&J) sector that

Read More »

GSI Detects Undisclosed LGDs in Diamond Jewellery

New York: Gemological Science International (GSI) has identified undisclosed lab-grown diamonds (LGDs) in jewellery set with natural brown diamonds. The discovery comes at a critical time, as the global jewelry trade increasingly promotes off-color natural diamonds, such as brown and champagne hues, as unique, fashionable, and affordable alternatives to traditional colorless stones. Using advanced instrumentation, including Fourier Transform Infrared Spectroscopy

Read More »

NDC & DJG Unite to Strengthen Natural Diamond Narrative in UAE

Dubai: Natural Diamond Council (NDC), a global not-for-profit organization representing the natural diamond industry and its entire value chain, is proud to announce a strategic collaboration with Dubai Jewellery Group (DJG). The partnership will be marked by an exclusive B2B event in Dubai, dedicated to reinforcing the integrity, transparency, and long-term growth of the natural diamond sector. Taking place on

Read More »

GJSCI Supports Chennai’s Flood Affected People

Mumbai: The Gem & Jewellery Skill Council of India has pledged its support for Chennai floods and have donated Rs. 1,00,001/- towards the Prime Minister’s National Relief Fund to aid all the people affected by this calamity. Mr. Premkumar Kothari, Chairman, GJSCI said, “We at GJSCI have been deeply saddened by the natural calamity which has struck Chennai & surrounding

Read More »

Mumbai’s Temple to Deposit 160 kg Gold in GMS

Mumbai: One of the most popular temples in India may soon make the first substantial contribution to Prime Minister Narendra Modi’s plan to recycle tons of idle bullion to reduce imports and the country’s current account deficit, according to media reports. Mumbai’s two-century-old Shree Siddhivinayak temple is considering depositing some of its 160 kgs. of gold with banks, according to

Read More »

Gemfields Achieves $19.2 Mln at Jaipur Auction

Mumbai:  Gemfields plc has announced the results of its auction of predominantly lower quality rough emerald extracted by Kagem Mining Ltd in Zambia (which is 75% owned by Gemfields and 25% by the Government of the Republic of Zambia).  The auction was held in Jaipur, India from 18th – 21st of November, 2015 and the proceeds of this auction will

Read More »

China Gets Rough Diamond Exchange

Beijing: Shenzhen Rough Diamond Exchange (SRDE), a secure diamond storage, sorting and viewing facility in the Chinese city, has received final approval to operate. Foreign suppliers will be able to ship diamonds to the new warehouse in the Luohu district of Shenzhen duty-free. Local Chinese companies will then be able to view and purchase the goods through the Shanghai Diamond

Read More »

Latest Videos