International News
Gold moves up on softer dollar and safe-haven demand; Silver, platinum reach three-week highs
Gold edged higher today, supported by a softer dollar and safe-haven demand. Key events include US-Iran nuclear talks in Geneva and upcoming US jobless claims data. Silver, platinum, and palladium reached three-week highs on Wednesday amid geopolitical tensions and tariff uncertainty.
Spot gold rose 0.5% to $5,195.99 per ounce early Thursday after reaching a three-week high on Tuesday, while US April gold futures dipped 0.2% to $5,213.50. Silver, platinum, and palladium hit three-week peaks on Wednesday, driven by safe-haven buying; platinum reached around $2,307 per ounce, and palladium $1,828, amid supply concerns and tariff risks. Analysts noted re-pricing due to policy uncertainty and a subdued US dollar.
A softer US dollar boosted non-yielding metals like gold. Geopolitical risks from US-Iran nuclear talks in Geneva, focused on uranium enrichment, heightened safe-haven demand, with increased US military presence adding tension. Uncertainty over US tariff policies under President Trump, following court rulings and potential hikes to 15%, fueled volatility across precious metals.
Precious metals face upside from ongoing tariff fog and Middle East tensions, though stronger US data could cap gains. Investors eye jobless claims for Fed rate clues amid elevated prices: gold up 77% yearly, platinum 135%. Indian jewellery markets, sensitive to global trends, may see volatility in silver at Rs.285/gram.
International News
GJEPC Promotes Key Trade Events At IGI Dubai Event
The Dubai Event Created Opportunities For Participating Indian Exporters To Connect Directly With Potential Buyers.
GJEPC stepped up its international buyer outreach for IIJS Bharat – Signature 2027, IGJS Jaipur and IJEX at an industry event organised by the International Gemological Institute (IGI) in Dubai.
Held at the Almas Tower Ballroom in Jumeirah Lake Towers, the IGI Ornamental QC Seminar brought together an audience of more than 70 jewellers, with leading retailers including Jawhara, Joyalukkas, Tajvi, Vinsmera, La Marquise, Bhima and Cara among the expected participants.
Ashish Sakhardande, Head – IJEX, GJEPC, represented the Council and delivered a presentation on its upcoming exhibitions and initiatives, placing particular emphasis on IIJS Bharat – Signature 2027, IGJS Jaipur and IJEX, highlighting its new features and inviting UAE buyers to register for the Mumbai and Jaipur shows.
The UAE remains an important market for Indian jewellery exporters, making direct engagement with retailers and jewellery companies a key part of the buyer mobilisation strategy.
The Dubai event created opportunities for participating Indian exporters to connect directly with potential buyers. Business meetings and networking interactions were facilitated with several UAE-based companies, allowing exporters participating through IJEX to develop new commercial contacts.
Kangana Ranaut Unveils PNG Jewellers New Showroom In Ayodhya~
GGJS 2026 Concludes With High-Volume Trade and Strategic Focus On Next-Gen Leadership
The Solitaire Festival Of India Concludes; Bumper Prize Winner At Ranka Jewellers Wins XUV 7XO
GGJS 2026 Concludes With High-Volume Trade and Strategic Focus On Next-Gen Leadership
ABARAN Commemorates The 125th Birth Anniversary Of Founder Shri Burde Sadananda Kamath With Special Gold Coin Launch
MCX Gold Silver Futures See Dip
-
National News3 hours agoGGJS 2026 Concludes With High-Volume Trade and Strategic Focus On Next-Gen Leadership
-
National News8 hours agoABARAN Commemorates The 125th Birth Anniversary Of Founder Shri Burde Sadananda Kamath With Special Gold Coin Launch
-
National News8 hours agoMCX Gold Silver Futures See Dip
-
National News3 days agoP N Gadgil Jewellers Limited – Quarterly Update Q2FY27Â Â
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.