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Gold sees significant decline on global trade tensions, recession fears

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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.  

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International News

London Diamond Bourse Announces Launch Of Its New Coloured Gemstone Course

This Intensive One-Day Professional Development Initiative Provides Jewellery Retailers, Frontline Sales Teams, and Trade Professionals With Actionable Product Insight.

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In response to shifting market dynamics and surging consumer demand for coloured gemstones, the London Diamond Bourse (LDB) has announced the strategic expansion of its educational framework with the launch of its new Coloured Gemstone Course.

Designed to complement the LDB’s established Practical Diamond Knowledge Course and Diamond Manufacturing Course, this intensive one-day professional development initiative provides jewellery retailers, frontline sales teams, and trade professionals with actionable product insight. The curriculum is specifically curated to enhance client engagement, streamline customer consultation, and support overall retail performance in an increasingly competitive market.

Key Market & Strategic Insights

  • Market Diversification: Driven by a growing consumer preference for bespoke and individualised jewellery, coloured gemstones have emerged as a critical growth driver alongside traditional diamonds.
  • Margin & Revenue Potential: Expanding gemstone inventory allows retailers to differentiate their product lines and capture higher-margin opportunities.
  • Frontline Capabilities: The course directly addresses the trade’s critical need for heightened expertise in gemstone evaluation, quality factors, and value communication at the point of sale.

“Coloured gemstones are as much an integral part of the London Diamond Bourse as diamonds,” stated Charlotte Rose, President of the London Diamond Bourse. “Education is at the heart of everything we do, so we’re delighted to expand our education programme with the introduction of our new Coloured Gemstone Course—a one-day course that gives professionals an introduction to the fascinating world of gemstones and the practical knowledge and confidence to sell them with expertise.”

Inaugural Session & Promotional Launch

The inaugural session will take place on 3 August 2026 at the LDB headquarters in London’s historic Hatton Garden jewellery quarter.

To mark the strategic launch, the LDB is making four complimentary delegate places available (valued at £300 per seat) via a trade engagement initiative on Instagram. Participants can enter by following the official London Diamond Bourse account, engaging with the designated launch post, and commenting with their preferred gemstone. Winners will be formally announced on 28 July 2026.

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