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GJEPC and Trade Opportunities seminar: fostering knowledge-sharing, collaboration, and global competitiveness

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GJEPC successfully organized an insightful seminar titled “GJEPC and Trade Opportunities” for the gem and jewellery community of Zaveri Bazaar on April 11, 2025. The event was aimed at raising awareness about the Council’s various initiatives and support systems designed to boost the growth and global reach of the Indian gem and jewellery industry. The seminar drew a strong turnout, with more than 200 industry professionals in attendance, including exporters, traders, wholesalers, young entrepreneurs, and members of prominent trade bodies.

The seminar began with a welcome address by  Khusboo Ranawat , Regional Chairperson , Western Region  and  GJEPC Regional Representative, who highlighted the Council’s ongoing efforts to empower MSMEs and exporters by providing market intelligence, financial assistance, and opportunities for international exposure. The speaker emphasized the importance of capacity building and collaboration within the sector to drive sustainable growth.

This was followed by a detailed presentation by GJEPC officials, which covered the Council’s various export facilitation services, upcoming international trade fairs and buyer-seller meets, financial support schemes, and strategic trade advantages available under agreements such as the India-UAE CEPA. The session was tailored to equip participants with practical knowledge to help them tap into global markets more effectively.

A panel discussion featuring seasoned exporters and trade consultants provided valuable insights into navigating international markets. Panelists discussed strategies for expanding into new regions, overcoming the challenges faced by small businesses, and embracing digital tools and branding to stay competitive in the evolving landscape of the jewellery trade.

The event also included an interactive Q&A session, where participants actively engaged with the speakers on topics like export registration, compliance processes, product certifications, and government funding schemes. The open dialogue fostered a spirit of learning and encouraged first-time exporters to explore new possibilities with greater confidence.

In a special felicitation ceremony, GJEPC honored three key trade bodies for their unwavering support and contribution to the growth of the industry. Mumbai Wholesale Gold Association, Jewellers Youth Forum, and Zaveri Bazaar Welfare Association were felicitated along with their respective teams for their role in strengthening the ecosystem and promoting unity among the trade community.

The seminar was extremely well-received by all attendees, who appreciated the depth of information shared and the opportunity to network with peers and industry experts. The event reinforced GJEPC’s commitment to serving as a guiding force for the Indian gem and jewellery sector by fostering knowledge-sharing, collaboration, and global competitiveness.

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Precious Metals Ease On Resurgent U.S. Dollar, Shift In Geopolitical Sentiment

Any Breakthrough In Regional Tensions Could Further Alleviate The “Risk Premium” Currently Baked Into Metal Prices

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Precious metals eased on Wednesday as a resurgent U.S. dollar and a shift in geopolitical sentiment dampened demand for safe-haven assets.

Gold futures on the Multi Commodity Exchange (MCX) for June delivery opened at Rs. 1,54,757 per 10 grams, sliding from a previous close of Rs. 1,54,817. The contract hit an intraday low of Rs. 1,54,404, down 0.26%, as investors weighed the impact of potential peace talks between Washington and Tehran.

The slight retreat in bullion prices is primarily attributed to the Greenback’s recovery. A stronger dollar makes dollar-denominated gold more expensive for holders of other currencies, typically stifling demand.

While silver futures initially bucked the trend by opening higher at Rs. 2,54,343, the white metal succumbed to profit-booking, tumbling to an intraday low of Rs. 2,51,610—a 0.45% decline. In the international market, COMEX gold hovered near $4,837.3 per troy ounce.

With the August gold contract also trading lower at Rs. 1,54,725, market participants are keeping a close watch on U.S. diplomatic efforts. Any breakthrough in regional tensions could further alleviate the “risk premium” currently baked into metal prices.

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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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