International News
DIMAE 2025 Inaugurated with Grandeur – A Dazzling Start to the Region’s Premier Jewellery Machinery & Allied Showcase.
The Dubai International Machinery & Allied Expo (DIMAE 2025) opened its doors today with a spectacular inauguration ceremony, marking the beginning of one of the region’s most prestigious B2B Jewellery Machinery B2B Exhibition.
The exhibition was officially inaugurated by Mr. Chandu Siroya, Vice Chairman of the Dubai Jewellery Group and Managing Director of Siroya Jewellers LLC. who delivered an inspiring keynote address highlighting the transformative evolution of the global jewellery industry and the growing opportunities within the Middle East.
The opening ceremony was further graced by the presence of distinguished Guests of Honour, including:
- Mr. Ali Saleh Batrfi Alkindi, General Manager, Jeddah Gate Company for Gold, Saudi Arabia
- Mr. Binmahfooz Saleh Mohammed, Chairman, Alkindi, Saudi Arabia
- Mr. Ramesh Vora, Chairman, Bafleh Jewellery LLC, Dubai
- Mr. Ketan Jatakia, Committee Member, JMA Forum.
Their presence underscored the deep-rooted commitment to excellence and collaboration across the regional and international Jewellery & Machinery sectors. Featuring a diverse group of global exhibitors, DIMAE 2025 showcases cutting-edge technologies, innovations in jewellery machinery manufacturing. The exhibition serves as a strategic platform for industry networking, sourcing, and knowledge exchange.
DIMAE 2025 is ready to be a landmark exhibition, bridging tradition and innovation while setting new benchmarks in the Jewellery making machinery trade.
International News
Gold prices climbed above $4,250 ahead US ISM Manufacturing PMI release
US spot Gold prices climbed above $4,250 early Monday, touching a six-week high as investors turned cautious ahead of the upcoming US ISM Manufacturing PMI release. The yellow metal is poised for further upside momentum if it secures a sustained daily close above the crucial $4,250 resistance level.
The US Dollar opened December on a softer note, pressured by rising expectations that the Federal Reserve may announce a rate cut next week. Growing market confidence in easing monetary conditions has boosted the appeal of non-yielding assets such as gold.
Analysts note that a decisive break and close above $4,250 could reinforce bullish sentiment and pave the way for an extended rally in the days ahead. As global markets await fresh cues from the US economic calendar, gold continues to benefit from a favorable macroeconomic backdrop and robust safe-haven demand.
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