JB Insights
Gold Prices May Touch ₹1 Lakh in H2 2025 Amid Strong Investment Demand: ICICI Report
Gold prices in India are expected to trend higher in the second half of 2025, potentially reaching the ₹1,00,000 per 10 grams mark, according to a report by ICICI Bank Global Markets. Prices are currently trading in the range of ₹96,500 to ₹98,500 per 10 grams, but are forecasted to edge upward due to sustained investment demand and a mild depreciation in the Indian Rupee.
“Local gold prices are expected to continue trading with an upside bias, moving from a near-term range of ₹96,500–₹98,500 to the ₹98,500–₹100,000 range in H2 2025,” the report stated.
In June, domestic gold prices rose by 0.6% despite a global slowdown in momentum, supported by a 0.2% decline in the rupee. However, jewellery demand showed signs of weakening, with gold imports declining from USD 3.1 billion in April to USD 2.5 billion in May.
Investment demand, in contrast, remains strong. AMFI data showed net inflows of ₹2.92 billion into gold ETFs in May, following two months of outflows. Globally, SPDR Gold ETF holdings increased from 930 tonnes on June 1 to 948 tonnes by July 1, and speculative net long positions rose by 13,000 lots.
Despite gold’s YTD gains of 28%, prices have remained flat in recent weeks due to improving global risk sentiment. Key geopolitical developments, including a ceasefire between Israel and Iran and progress on U.S. trade agreements with the UK, Vietnam, Japan, India, and the EU, have eased safe-haven demand.
“The upshot is that easing geopolitical tensions and expectations that trade-war 2.0 could ease in magnitude have worked to limit further sharp upside emerging in gold prices,” the report noted.
While jewellery demand remains soft, strong investment-related buying continues to underpin the yellow metal’s upward momentum.
JB Insights
SILVER SHOW OF INDIA: A Revolutionary Platform Empowering India’s Silver Manufacturing and Retail Ecosystem
Historically, India’s silver jewellery manufacturers operated on the periphery of the major trade exhibition circuit. Despite their rich craftsmanship, they lacked a dedicated, high-profile national stage. To bridge this gap, GES India Incorporated launched the Silver Show of India (SSI) in June 2022. Designed as a structured response to a long-standing industry demand, SSI has rapidly evolved from a foundational spark into one of the country’s most consequential specialized jewellery trade exhibitions.



From Regional Roots to a Pan-India Powerhouse
The trajectory of SSI reflects a story of deliberate, strategic scaling:
- The Bangalore Beginnings : The inaugural show drew 74 participants, a number that nearly doubled to 133 by the second edition in December 2022, signaling growing trade acceptance.
- The Mumbai Strategic Pivot : Moving the exhibition to the premium Jio World Convention Centre in Mumbai was a deliberate move to elevate silver to the same status as fine gold and diamond jewellery. The June 2023 edition validated this choice, drawing 173 companies, 435 stalls, and a record 10,800 trade visitors, transforming SSI into a truly pan-India platform.
- SSI Mumbai 4th Edition at JWCC features over 495 exhibiting companies across 1400 stalls, spanning 150,000 sq ft.
Institutional Backing and Strategic Alliances
SSI’s industry credibility is heavily reinforced by partnerships with premier trade bodies. The IBJA has been a steadfast national partner in elevating the Mumbai show’s stature. Crucially, SSI has secured the formal alignment of major trade associations from Agra , Rajkot and major silver hubs—bringing invaluable community networks, authenticity, and trade clout to the platform.
Extensive Marketing and Global Footprint
The organizers executed an aggressive, door-to-door outreach campaign encompassing over 500 districts across India, targeting markets frequently overlooked by larger trade bodies. This is supported by deep digital engagement across LinkedIn, WhatsApp, and specialized trade networks. Internationally, the show is drawing buyers from Nepal, Malaysia, Thailand, and the USA. To cater to a premium audience, the organizers have integrated a curated buyer-engagement model, hosting buyers with 1,000 room nights at luxury hotels like Sofitel and Trident.
Market Impact and Future Outlook
The success of SSI correlates directly with a measurable revitalization of the silver sector:
- Logistics partners report a massive 300% increase in the volume of silver goods transported over the past two years.
- Corporate retail groups are actively expanding their dedicated silver floor space, with a Southeast-based corporate establishing exclusive silver showrooms.
- High-end designs typically reserved for gold and diamonds are increasingly being reinterpreted in silver.
Looking ahead, SSI is implementing a robust three-city architecture: Mumbai will anchor the pan-India edition, Bangalore will serve the South Indian market, and a new Delhi edition will capture the North Indian market.
-
International News2 hours agoGJEPC Showcases India’s Craftsmanship, Innovation and Design At JCK Las Vegas 2026 Through The India Pavilion and India Design Gallery
-
DiamondBuzz5 hours agoDE BEERS GROUP Introduces Desert Diamonds Icons
-
ShowBuzz7 hours agoJCK Las Vegas 2026: Luxury Show Opens To Strong Buyer Traffic and Robust Sales
-
National News7 hours agoGold Exchange Schemes See Surge In Demand

