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
Gold, Silver Fall As Global Bond Yields Surge
Higher Yields Elevate The Opportunity Cost Of Holding Non-Yielding Assets Like Bullion, Weighing Heavily On Sentiment Across Commodity Markets.
Gold and silver futures slipped on the MCX. The benchmark October contract for gold dipped Rs 69 to Rs 154,193 per 10 grams after opening at Rs 153,900. Prices hovered between a low of Rs 153,900 and a session high of Rs 154,326, down from its yearly peak of Rs 180,779.
MCX Silver: The benchmark September contract dropped Rs 2,181 to Rs 230,238 per kilogram. During the session, prices fluctuated between Rs 229,666 and Rs 230,528, well beneath the yearly high of Rs 420,048.
Despite the immediate pressure from soaring bond yields, commodity strategists note that downside risks may be capped as traders continue to price in reduced odds of further rate hikes by the Federal Reserve, which could offer underlying support to metals over the medium term.
Yields on the benchmark 30-year U.S. Treasury bond touched a 19-year high in morning trading, while sovereign debt yields in major economies spiked to multi-decade peaks. Higher yields elevate the opportunity cost of holding non-yielding assets like bullion, weighing heavily on sentiment across commodity markets.
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