National News
Gold and Silver Prices Set to Surge in 2025- Gold Could Reach Rs 90000
Gold prices in India surged by 21% in 2024, driven by central bank policies, geopolitical risks, and strong global demand. As of January 1, 2025, gold prices were Rs 78,000 per 10 grams for 24K, with predictions pointing towards a rise to Rs 85,000-90,000 in 2025. While gold outperformed other commodities in 2024, experts recommend a “buy-on-dips” strategy for investors, as prices may consolidate before further gains. Geopolitical tensions and central bank actions will continue to support the demand for gold and silver.
Silver also saw impressive gains in 2024, with prices expected to reach Rs 1.1-1.25 lakh per kg, fueled by industrial and investment demand. Experts like Manav Modi from Motilal Oswal Financial Services maintain a positive outlook for both metals in the medium to long term, forecasting potential price growth even amid market fluctuations. However, while Rs 1 lakh for gold is considered optimistic, extreme economic conditions could push it towards that mark.
National News
GSI and Bharat Ratnam Mega CFC Launch Gem Identification Masterclass to Strengthen Industry Expertise
Masterclass Equips Jewellery Professionals With Advanced Skills In Gemstone Identification, Evaluation, and Market Trends
Gemological Science International (GSI), a global leader in gemstone certification and education, in collaboration with Bharat Ratnam Mega CFC, successfully conducted the Gem Identification Masterclass, addressing the growing demand for coloured gemstone expertise in the Indian jewellery market. With interest in coloured gemstones continuing to rise across India, GSI’s advanced educational programs aim to equip jewellery professionals with the knowledge and practical skills required to navigate this evolving category.
The Gem Identification Masterclass was designed for industry professionals seeking to deepen their expertise in coloured gemstones. The comprehensive curriculum covered gemstone identification, distinguishing between natural gemstones, simulants, and synthetics, advanced treatments, geographic origin factors, and value determination. Participants also received hands-on training using professional gemological instruments, reflecting GSI’s core laboratory expertise.
Ravi Menon, CEO, Bharat Ratnam Mega CFC, said:

“The rise in demand for coloured gemstones is one of the most significant trends in the global jewellery market, with India at the centre of this shift. Our collaboration with GSI aims to refine the skills of industry professionals and raise the standard of gemstone education. The overwhelming response highlights the beginning of an exciting transformation.”
Ramit Kapur, Managing Director, GSI India, added, “This program equips participants with the knowledge and confidence to evaluate gemstone purchases and deliver assured quality. By combining strong theoretical foundations with hands-on exposure, the masterclass enables professionals to operate with clarity and confidence in a sophisticated market.”
Led by GSI’s experienced instructors, the program leveraged decades of expertise in gemology, global research data, and advanced laboratory capabilities, ensuring participants gained access to the most accurate and current gemological insights.
As the coloured gemstone market becomes more competitive and complex, the need for technical expertise continues to grow. The Gem Identification Masterclass marks a significant step in empowering manufacturers, retailers, and professionals with the skills to identify, evaluate, and assess gemstones with precision.
This initiative reinforces GSI’s commitment to advancing gemological education worldwide, combining industry expertise, technology, and research to meet the evolving needs of the global jewellery industry.
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