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GJEPC Steps Up UK Outreach Ahead Of IIJS Bharat Premiere 2026

GJEPC Visited Major Jewellery Trading Hubs, Meeting 20+ Jewellery Retailers and Wholesalers Through In-Person Interactions

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GJEPC intensified its promotional efforts in the United Kingdom ahead of IIJS Bharat Premiere 2026 through a week-long outreach programme in London that combined direct retailer engagement with the 2nd India-UK Jewellery Buyer-Seller Meet (BSM). The initiative was held from 6 to 10 July 2026 and aimed to attract more UK buyers while strengthening trade ties following the India-UK Free Trade Agreement.

As part of the campaign, Gaurang Vora, Manager, GJEPC, visited major jewellery trading hubs including Green Street, Southall and Wembley, meeting 20+ jewellery retailers and wholesalers through in-person interactions. He promoted IIJS Bharat Premiere 2026, distributed event information and registration details, and gathered market feedback on sourcing requirements and buying trends.

Based on feedback from UK buyers, the 2nd India-UK Jewellery Buyer-Seller Meet generated strong demand for 22-karat gold jewellery, diamond jewellery, lightweight designs, lab-grown diamond jewellery and silver jewellery. Buyers also expressed interest in sourcing from reliable, export-oriented Indian manufacturers and suggested that suppliers offer smaller minimum order quantities to better meet the needs of independent retailers.

The campaign generated new buyer enquiries, strengthened relationships with existing trade partners and provided GJEPC with market intelligence on consumer preferences and sourcing trends. The Council plans to continue engaging with buyers, assist with IIJS Bharat Premiere registrations and facilitate introductions between overseas buyers and Indian manufacturers.

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International News

Bullion Prices Recover On Technical Buying Amid Geopolitical Uncertainty AUGMONT BULLION REPORT

Markets Largely Expect The Fed To Hold Rates Steady At Next Week’s Meeting, Though They’re Pricing In A More Than 55% Chance Of A Rate Hike In September.

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Price Movement – Gold and Silver bounced back on technical buying as investors weighed the widening Middle East conflict and waited for next week’s U.S. Federal Reserve meeting for hints on where interest rates are headed. The conflict’s recent escalation pushed oil prices to their highest level in over a month on Monday, while more U.S. policymakers argued that rates might need to go up to keep inflation in check.

Geopolitical Tensions – Tehran received a proposal from mediators for a 10-day ceasefire, aimed at rescuing the interim ceasefire deal signed in June. Iran’s Interior Minister Eskandar Momeni traveled to Pakistan, a key mediator, and urged Islamabad to keep up its efforts.

Macro-Economic Signals – ADP data revealed that U.S. private employers added just 16,500 jobs per week on average in the four weeks ending July 4, down from 19,250 a week in the previous four-week stretch — the fourth consecutive slowdown in hiring. Markets largely expect the Fed to hold rates steady at next week’s meeting, though they’re pricing in a more than 55% chance of a rate hike in September.

Technical Triggers

If Gold falls below $4,000 (~Rs 1,41,000), it could slide further to $3,900 (~Rs 1,38,000). But if it manages to stay above $4,200, a fresh rally could take it toward $4,500 (~Rs 1,55,000).

For Silver, a strong move above $63 (~Rs 2,35,000) could push prices toward $70–71 (~Rs 2,51,000–2,55,000). On the other hand, a fall below $55 (~Rs 2,14,000) may drag it down to $50 (~Rs 2,00,000).

Support and Resistance

International Gold Support Level
International Gold Resistance Level
Domestic Gold Support Level
Domestic Gold Resistance Level
: $3900/oz
: $4160/oz  
: Rs 137,000/10 gm
: Rs 147,000/10 gm
International Silver Support Level
International Silver Resistance Level
Domestic Silver Support Level
Domestic Silver Resistance Level
: $55/oz
: $63/oz  
: Rs 214,000/kg
: Rs 235,000/kg
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