Gold held steady while silver plunged after U.S. reciprocal tariffs were announced. President Trump signaled openness to tariff negotiations. Fitch downgraded China’s rating over debt concerns. Markets saw heavy sell-offs, with gold and silver hitting key support levels. Analysts predict continued volatility amid trade tensions and fluctuations in the dollar index.
The Gem & Jewellery Export Promotion Council (GJEPC) has raised concerns over the 27% reciprocal tariff imposed by the US on Indian gem and jewellery exports, warning of significant challenges for exporters and consumers. GJEPC urges a bilateral trade agreement to safeguard India's $10 billion jewellery exports and ensure long-term stability.
Gold held steady while silver plunged after U.S. reciprocal tariffs were announced. President Trump signaled openness to tariff negotiations. Fitch downgraded China’s rating over debt concerns. Markets saw heavy sell-offs, with gold and silver hitting key support levels. Analysts predict continued volatility amid trade tensions and fluctuations in the dollar index.
GJEPC: The 3rd edition of IIJS Tritiya and IGJME Tritiya 2025 will be held from March 21-24 at BIEC, Bengaluru. Featuring 1,100+ exhibitors and 15,000+ visitors, the event will showcase fine jewellery, machinery, and global trends while celebrating Indian dance forms. It offers unparalleled networking, business growth, and industry innovation opportunities.
JMAIIE: The 4th Edition of the Jewellery Machinery & Allied Industries International Exhibition (JMAIIE) will be held from 7-10 February 2025 at Bombay Exhibition Centre, Mumbai. Featuring 300+ exhibitors, 400+ booths, and 5,000+ visitors, it’s India’s premier platform for showcasing cutting-edge jewellery machinery and fostering global business connections.
India Jewellery Park Mumbai’s construction begins this month, announced GJEPC Chairman Vipul Shah at IIJS Signature 2025. The ₹50,000 crore project will generate 1 lakh jobs and enhance Maharashtra’s gem and jewellery exports. Leaders emphasized the sector’s pivotal role in achieving India’s $5 trillion economy vision and fostering global trade opportunities.
The 17th edition of IIJS Signature, India’s premier jewellery exhibition organized by the Gem & Jewellery Export Promotion Council (GJEPC), commences today, January 4th,...
IIJS Signature 2025 Facilities: The 17th edition of IIJS Signature, India’s premier jewellery exhibition organized by the Gem & Jewellery Export Promotion Council (GJEPC),...
In October 2023, India experienced a remarkable surge in silver imports, totaling 1,829 tons, nearly doubling the previous year's figures. The highest monthly import since 2008 signifies a robust recovery from a slow start in 2023. Despite potential consumer demand recovery, Metal Focus anticipates over a 40% decline in India's total silver demand for the year.