National News
Gem & Jewellery BSM 2025 :Fruitful partnerships and meaningful dialogue
GJEPCs Gem & Jewellery Buyer-Seller Meet 2025 commenced with an air of optimism and global camaraderie, setting the stage for fruitful partnerships and meaningful dialogue between Indian manufacturers and international buyers.
The event was inaugurated with a grand unveiling, paving the way for over 40 international buyers to engage in curated one-on-one business meetings with Indian jewellery manufacturers and exporters. The venue buzzed with activity as new connections were forged and long-standing business relationships were rekindled.
Among the notable international buyers. Lisi Fracchia from Spain, visiting India for the first time, expressed her delight at the overwhelming business prospects. Her experience at the BSM not only introduced her to new business avenues but also gave her the opportunity to reconnect with existing suppliers participating in the show.
Cloyette Harris Stoute, representing Alliyette, USA, is also making her maiden visit to India. Her objective of understanding India’s advanced jewellery manufacturing technology and the comprehensive supply chain process was met with great satisfaction. Deeply impressed by her interactions with exhibitors, she shared her enthusiasm about returning in the future.
On the domestic front, Hitesh Thakar, General Manager at Mohit Diamond Pvt. Ltd, reflected on the invaluable insights gained during his meetings. He noted that conversations with buyers revealed their strategic focus on brand expansion, opening up new opportunities for his company to scale their business and adapt to evolving global demand.
Priyank Shah of Walking Tree, participating as a first-time exhibitor, commended the event’s structured format. The carefully filtered buyer group enabled targeted interactions, resulting in serious inquiries from markets such as the USA, Kazakhstan, Brazil, and beyond—particularly for custom-made jewellery.
The first day concluded on a high note, with an atmosphere rich in collaboration and discovery. The meet not only reflected the strength of India’s jewellery sector but also its growing global appeal.
National News
Market Sentiment Is Bullish, Gold Price Dip Offers Relief To Dhanteras Shoppers
Gold and Silver Continue To Command Top Priority For Indian Households, Driven By Tradition, Investment Sentiment, and The Upcoming Wedding Season.
As Dhanteras approaches on November 6, gold and silver continue to command top priority for Indian households, driven by tradition, investment sentiment, and the upcoming wedding season.
Despite 24K gold surging nearly 19% year-on-year—from Rs 1,21,470 per 10 grams last year to approximately Rs 1,44,288 per 10 grams today—consumer demand remains remarkably resilient.
Even with a sharp price correction in precious metals just days before Dhanteras—including a nearly 3% drop in silver futures on November 3—market sentiment remains strongly bullish. The price dip has offered timely relief to shoppers, encouraging buyers to finalize their festive purchases.
Key Consumer & Market Trends This Dhanteras
Gold Coins & Bars Lead Sales: Strong investment sentiment and traditional gifting continue to propel heavy demand for high-purity bullion.
Lightweight Jewellery Gains Traction: Overlapping with the wedding season, hallmarked lightweight gold jewellery is seeing high interest from buyers looking to balance style with budgets.
Younger Buyers Drive Silver Demand: Silver coins and silver ornaments are experiencing elevated popularity among millennials and Gen Z buyers.
Advance Bookings Peak: To beat the auspicious day’s heavy rush and lock in favorable prices, families are increasingly using advance booking options, providing an early boost to overall festive retail volume.
While consumers balance raw metal spot prices against making charges, GST, and digital gold alternatives, the fundamental sentiment around Dhanteras purchasing remains intact. Whether for long-term wealth preservation or auspicious tradition, gold and silver remain the ultimate festive acquisition.
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