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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Global Certificate in LGD Technology Launched

Mumbai: The Indian Institute of Gems & Jewellery (IIGJ) and the India Centre for Lab Grown Diamonds (InCent LGD) at IIT Madras have commenced the first batch of their Global Certificate in Lab Grown Diamond Technology, with 23 participants. Classes began on 21 October 2026, following a virtual inauguration on 19 October. The inaugural batch includes entrepreneurs, manufacturers, representatives of

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GJEPC Participates in Haryana Workshop on Leveraging FTAs for Export Growth

Gurugram: India’s Gem & Jewellery Export Promotion Council (GJEPC) facilitated the participation of a delegation of its member exporters in the State-Level Workshop on ‘Leveraging Free Trade Agreements (FTAs) – Outreach Programme’, organized by the Directorate of MSME, Government of Haryana, at the Grand Hyatt, Gurugram, on 3 November 2026. The workshop, held under the theme ‘Translating India’s Free Trade

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IAGES New Film Moves ‘PehlaCheckIAGES’ from Awareness to Habit

Mumbai: The Indian Association for Gold Excellence and Standards (IAGES) is empowering gold buyers this festive season to make informed purchases by amplifying awareness about its #PehlaCheckIAGES campaign through engaging ad film created to build assurance and trust among buyers. Since its launch in December 2025, the ‘Before you buy Gold, #PehlaCheckIAGES’ campaign has urged consumers through diverse outdoor advertising

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Divine Solitaires Announces Special Festive Offers

Mumbai: Divine Solitaires, India’s leading natural diamond solitaires brand, is offering special Dhanteras benefits on its Diamond Coins from 26 October to 6 November 2026. The offer includes an assured gift with every eligible purchase, a lucky draw with 100% cashback vouchers for 10 customers, and price protection. Dhanteras is considered an auspicious occasion to welcome prosperity and good fortune,

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“Please Withdraw Gold Import Curbs…”

New Delhi: Commerce Minister Nirmala Sitharaman said that her ministry has recommended that the finance ministry seriously consider easing import curbs on gold to help the beleaguered gems and jewellery export sector, reports The Economic Times. Speaking to ET, Sitharaman, who is also minister of state for finance, said that while the current account deficit (CAD) crisis had been somewhat

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New Device Grades Fancy Colored Diamonds

London: A new device can color-grade both fancy colored diamonds as well as diamonds with secondary hues, says a release from manufacturer ImaGem. The device uses data from thousands of samples to derive its grades for fancy colored stones, says Dr. Lalit K. Aggarwal, chairman of ImaGem, which manufactures the device. The device, called the GL3200, can “identify which stones

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WDC Warns against Trading Diamonds with CAR

New York: The World Diamond Council has issued a warning that, despite the Administrative Decision of the Kimberley Process of May 23, 2013, which ordered the temporary suspension of trading in diamonds from the Central African Republic (CAR), production of diamonds in that country is continuing and there is evidence of diamonds from the CAR reaching the markets. The WDC

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Entries Invited for Artisan Awards

Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has been recognizing and rewarding the best in jewellery design. The Artisan celebrates the highest levels of artistry, innovation and individuality, elevating jewellery designers to their rightful status of artists. The Artisan jewellery Design Awards 2014 invites India’s finest jewellery designers to push their design boundaries and reveal their utmost creativity

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