Brent Touched $100, the 10-Year Hit a Seven-Month High, and Both Metals Still Gained

Macro Snapshot: The week ending July 24 was one of the most volatile macro weeks of 2026, and the most significant feature was not what moved, but what did not. Oil spiked, yields surged to their highest since January 2025, and the conflict between the US and Iran escalated to its most intense phase since the February strikes. Gold and silver gained on the week. That resilience at the bottom of a multi-week correction, against headwinds that should have pushed

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Brent Touched $100, the 10-Year Hit a Seven-Month High, and Both Metals Still Gained

Macro Snapshot: The week ending July 24 was one of the most volatile macro weeks of 2026, and the most significant feature was not what moved, but what did not. Oil spiked, yields surged to their highest since January 2025, and the conflict between the US and Iran escalated to its most intense phase since the February strikes. Gold and silver gained on the week. That resilience at the bottom of a multi-week correction, against headwinds that should have pushed

Read More »

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18th Edition of HRD Design Awards

Antwerp: HRD Antwerp has announced the launch of the 18th edition of the HRD DESIGN AWARDS, in partnership with VicenzaOro, the largest Show in Europe for the Gold and Jewellery Industry. This year’s edition is unique, as HRD Antwerp introduces ‘THE YOUNG JEWELLERY DESIGN COMMUNITY.’ This initiative aims at supporting the industry by promoting young innovative ideas. Being part of

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Global Rough Diamond Production +51.4% in 2021

Johannesburg: Statistics published by the Kimberley Process (KP) indicate that global rough diamond production grew 11.9% by volume to 120.04 million carats in 2021, and jumped 51.4% in value to $13.98 billion on a year-on-year basis. Russia was the biggest diamond producer by volume in 2021, with an output of 39.11 million carats, while Botswana was the largest producer in

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De Beers Hosted its Annual Forum in Mumbai

Mumbai: The De Beers Group, the world’s leading diamond company, held its annual Forum in Mumbai this week. The Forum brought together all its authorized partners, diamantaires, and manufacturers from across the country as well as key decision makers from the De Beers global team. The idea behind the three-day Forum was to facilitate a common platform for members of

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Gold Import Duty in India Hiked by 5%

New Delhi: India has raised basic import duty on gold to 12.5 per cent from 7.5 per cent, according to a government notice dated June 30. This step has been taken to reduce influx of gold into the world’s second-largest consumer of the precious metal, after India’s ballooning trade deficit pushed the Rupee to a record low. This is a

Read More »

18th Edition of HRD Design Awards

Antwerp: HRD Antwerp has announced the launch of the 18th edition of the HRD DESIGN AWARDS, in partnership with VicenzaOro, the largest Show in Europe for the Gold and Jewellery Industry. This year’s edition is unique, as HRD Antwerp introduces ‘THE YOUNG JEWELLERY DESIGN COMMUNITY.’ This initiative aims at supporting the industry by promoting young innovative ideas. Being part of

Read More »

Global Rough Diamond Production +51.4% in 2021

Johannesburg: Statistics published by the Kimberley Process (KP) indicate that global rough diamond production grew 11.9% by volume to 120.04 million carats in 2021, and jumped 51.4% in value to $13.98 billion on a year-on-year basis. Russia was the biggest diamond producer by volume in 2021, with an output of 39.11 million carats, while Botswana was the largest producer in

Read More »

De Beers Hosted its Annual Forum in Mumbai

Mumbai: The De Beers Group, the world’s leading diamond company, held its annual Forum in Mumbai this week. The Forum brought together all its authorized partners, diamantaires, and manufacturers from across the country as well as key decision makers from the De Beers global team. The idea behind the three-day Forum was to facilitate a common platform for members of

Read More »

Gold Import Duty in India Hiked by 5%

New Delhi: India has raised basic import duty on gold to 12.5 per cent from 7.5 per cent, according to a government notice dated June 30. This step has been taken to reduce influx of gold into the world’s second-largest consumer of the precious metal, after India’s ballooning trade deficit pushed the Rupee to a record low. This is a

Read More »

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