International News
Gold sees significant decline on global trade tensions, recession fears
Spot gold experienced a significant decline on Monday, April 7, 2025, dropping 0.3% to $3,027.90 per ounce after hitting a 3.5-week low earlier in the session. This unusual behavior for gold, traditionally a safe-haven asset, prompted market speculation that investors are selling bullion to realize profits or cover margin calls on other investments. The sell-off is attributed to escalating global trade tensions and the resulting fears of a potential global recession.
Adding to the bearish sentiment, Morningstar’s John Mills foresees gold prices plummeting to $1,820 per ounce—a 38% decline—driven by easing inflation and potential trade normalization. Mehta Equities’ Rahul Kalantri attributes recent volatility to factors like a weak US jobs report and dovish Fed signals, projecting key trading ranges for gold.
Gold prices face a potential 38% decline, according to Morningstar’s John Mills, who forecasts a drop to $1,820 per ounce due to shifting market dynamics. Meanwhile, Mehta Equities’ Rahul Kalantri warns of persistent extreme volatility, outlining specific support and resistance levels in both USD and INR, and attributing the recent swings to various economic indicators.
International News
Jewelers International Showcase Fall 2026 Returns To Miami Beach This October
JIS Fall 2026 Brings Together 600+ Exhibitors In Miami For Holiday Sourcing,Networking and Trend-Focused Insights.
The Jewelers International Showcase (JIS) has announced that JIS Fall 2026, one of the largest trade-only jewelry buying events in the Western Hemisphere, will take place from October 16–19, 2026, at the Miami Beach Convention Center.
Positioned perfectly ahead of the peak holiday retail season, JIS Fall serves as a premier destination for jewelry retailers, wholesalers, and buyers looking to secure high-margin holiday inventory and place advance orders for the upcoming year. The four-day sourcing event brings together more than 600 domestic and international exhibitors displaying an extensive range of fine and fashion jewelry, bridal collections, loose diamonds, colored gemstones, gold, silver, and cutting-edge business services.
Key Highlights & Networking Events
In addition to comprehensive product sourcing across expansive show floors, JIS Fall 2026 will feature dedicated networking events and educational opportunities designed to give retailers a competitive edge:
- JIS Unwrappedl:An evening networking session fostering informal connections among buyers, designer brands, and industry leaders.
- On Trends Talks:Expert-led educational panels providing actionable insights into consumer purchasing behavior, emerging product trends, and holiday marketing strategies.
JIS Fall continues its decades-long tradition as an essential sourcing hub, allowing retailers to walk away with immediate delivery items on-site or lock in production schedules ahead of the year-end rush.
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