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Exporter Mentorship Programme highlights export finance & risk mitigation

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GJEPC successfully conducted the 9th session of its Exporter Mentorship Programme (EMP) on 13th February 2025. The session, led by Mr. Amit Mulani, Owner of Atlantico International, an international trade advisor, provided aspiring exporters with crucial insights into international trade in gems and jewellery.

Participants gained valuable knowledge on pre-export and post-export financing, export credit insurance, and risk mitigation strategies. The session covered advance payment methods, direct finance, bill discounting, and export credit insurance, along with hedging strategies for exchange rate fluctuations.

A key focus was on the risk covered by the Export Credit Guarantee Corporation of India (ECGC) in supporting exporters. ECGC, a government-owned entity, provides export credit insurance to safeguard businesses against payment defaults, country risks, and currency fluctuations. The session highlighted various ECGC policies available to exporters and how they help mitigate financial uncertainties in global trade.

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International News

Gold prices climbed above $4,250 ahead US ISM Manufacturing PMI release

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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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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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