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Gem & Jewellery BSM 2025 :Fruitful partnerships and meaningful dialogue

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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.

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National News

Gold, silver prices on MCX  trading cautiously on FOMC minutes report

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Gold and silver prices on India’s MCX (Multi Commodity Exchange) are trading cautiously
They are following the ups and downs in global prices.This is because the latest FOMC minutes (from the US Federal Reserve’s January meeting) showed a more cautious (“hawkish”) view on future interest rate policies. Some officials want to pause rate cuts or even raise rates if inflation stays high. This reduced expectations for big rate cuts soon.

In early trading today, MCX gold went back above Rs 1.56 lakh per 10 grams. MCX silver is trading between Rs 2.44 lakh and Rs 2.46 lakh per 1 kg. Both metals are a little higher overall.

On the global side, spot gold dropped and is struggling around $4,960 per ounce.The FOMC notes showed Fed officials were divided. Some want to hold off on more rate cuts for now, but they might restart easing later if inflation gets better. Others even talked about possible rate hikes. They wanted the post-meeting statement to show both possibilities for future rates. Because of this, traders now expect fewer rate cuts.

Attention is now on important US data coming this week, like GDP and PCE (inflation measures).Short-term demand for gold and silver has also slowed because of China’s Lunar New Year holiday. Trading activity is low, and many investors are away. At the same time, geopolitical risks with Iran have come up again, with reports saying any US military action could last weeks after talks did not fully succeed.

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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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