National News
IIBS-11: Navigating the ‘New Gold Rush’ in a fragmenting global economy
India International Bullion Summit – 11 (IIBS-11) organized by IBJA will be held on 27th – 28th February, 2026, at Westin Hotel, Mumbai.It will be inaugurated by Chief Guest Shashi Tharoor, MP- Thiruvananthapuram, Keralam.
The keynote address will centre on the critical intersection of the global economy and the precious metals market. The session will trace the industry’s historical trajectory, examining how a progressively fragmenting global economy is fundamentally reshaping international trade dynamics. Furthermore, it will explore the emergence of a ‘new gold rush’—a transformative era poised to define the bullion market for decades to come—highlighting exactly why understanding this paradigm shift is more vital to our industry now than ever.
The entire focus of this year IIBS shall be on topics which are relevant and related to the gems & Jewellery Industry. This year’s topic includes Silver Substitute for Gold?, Digital Gold Regulations, Wealth Creation, Rising Gold and Silver Prices and its Impact on Developing Nations, Growth of Organised Jewellery Sector in Challenging Times, Digital Vision: Gold: Beat the Bitcoin 2026, Fiat Currency v/s Bullion v/s Crypto, Indian Market Initiative, Requirement of Gold Policy Changes, Bullion Market Integration: India’s Role in a Connected Global Trade, Global Market Infrastructure, Is Hedging Effective Tool in Current Scenario?, Gold 2.0 for the Global Future, Innovation in Bullion Eco System and Gold Outlook – 2026.
Speakers include Jignesh Shah – Mentor & Coach, IGM (India Gold Metaverse)- Founder: MCX, DGCX, IEX, SMX, MCX-SX, ODIN, Sachin Jain – World Gold Council, Prof. Sundaravalli Narayanaswami – India Gold Policy Centre (IGPC), Harish Pawani –Purshottam Kanji & Co., Dubai, Dr. Saurabh Gadgil – PNG Jewellers, Varghese Alukkas –Jos Alukkas, Ba. Ramesh – Thangamayil Jewellery Limited, Kishore Narne – Motilal Oswal Financial Services Ltd. Srinivas L – 63SATS Cybertech Ltd., Dhritiman Murti – Tether Rajesh Kalyanaraman – Kalyan Jewellers, Asher Ottamoochikkal Malabar Gold & Diamonds, Quynh Le – Tether, Sajeev Kumar – Equinox Interactive (Asia) Pte Ltd, Lokesh Sugandh – Meenakshi Gold, Shivanshu Mehta – Multi Commodity Exchange of India Limited, Moses Bodea – GOLDINVEST Edelmetalle GmbH, Mohammad Ayyob – SAM Precious Metals, Abhijit Shah – Emirates Gold and various other expert of bullion and jewellery trade.
Commemorating its 107-year legacy, the India Bullion and Jewellers Association is strategically pivoting toward a new century of industry leadership. As a cornerstone of the bullion ecosystem, the Association remains committed to its dual mandate: championing member interests while institutionalizing consumer trust through transparent and ethical market practices.
By navigating complex regulatory landscapes and fostering a robust value chain, IBJA continues to serve as a vital catalyst for sustainable growth within the global jewelry sector.
source: IBJA
National News
Zaveri Bazaar Cluster Development Proposal Addresses Parking, Traffic Mobility, Safety, and Security For Citizens and Traders
Proposal Presented To Ravindra Chavan, The BJP’s Maharashtra President
A group of industry leaders met with Ravindra Chavan, the BJP’s Maharashtra president, to press for infrastructure and policy support aimed at revitalizing Mumbai’s Zaveri Bazaar. A comprehensive Cluster Development Proposal for Zaveri Bazaar was presented by Dhiraj Rajmal Baldia, Founder, Jain Bullion Gem & Jewellery Federation (JBGJF). Kanayaa Kakkad, Jt Treasurer-IBJA, presented the key focus areas, including improving parking infrastructure and enhancing traffic mobility to ensure greater safety and security for citizens and traders in the region.
The delegation—comprising senior representatives from 12 leading trade associations—presented a cluster development proposal for Zaveri Bazaar, one of India’s most prominent gold trading districts. Dhiraj Rajmal Baldia outlined the plan, which calls for upgrades to parking facilities, tighter traffic management, and enhanced security measures for traders and visitors.
Industry executives used the meeting to flag ongoing challenges, including market volatility, while emphasizing opportunities for growth. They said targeted policy intervention could help stabilize the sector and sustain momentum. Saiyam Mehra presented the GJCs’ position, while Surendra Mehta detailed concerns raised by the India Bullion and Jewellers Association, along with recommendations for reform.
Chavan signaled support for the initiative and urged the industry to submit detailed project reports to accelerate execution, according to people familiar with the discussions.
Present at the meeting were Saiyam Mehra, IPC, GJC, Vijay Agrawal, National Governing Board Director, IBJA & Director, World Silver Council; Kanayaa Kakkad, Jt Treasurer-IBJA;Surendra Mehta, National Secretary, IBJA; and the Directors of GJC – Madan Kothari, Sahil Mehra, Nilesh Shobhawat. Dhiraj Rajmal Baldia, Founder, Jain Bullion Gem & Jewellery Federation (JBGJF); Mahesh Bafna, President; Anil Pamecha, Director of MWGJA; Bharat Kothari, Director; and Anil Jain, Secretary from Shri Mumbadevi Dagina Bazaar Association; Rahul Desai, CEO & MD, IIG; Hausila Prasad Gupta, Dhanji Street Trade Association; Kishan Dagalia, Founder President; Sundarlal Sankhla, President; Rakesh Agarwal, VP; and Rajeev Agarwal, Secretary of Shri Sarafa Welfare Association, Mumbai.
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Zaveri Bazaar Cluster Development Proposal Addresses Parking, Traffic Mobility, Safety, and Security For Citizens and Traders
Indian bullion Market Experienced A Notable Recovery, Trimming Losses Triggered After The Ceasefire Headlines
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National News13 hours agoZaveri Bazaar Cluster Development Proposal Addresses Parking, Traffic Mobility, Safety, and Security For Citizens and Traders
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National News13 hours agoIndian bullion Market Experienced A Notable Recovery, Trimming Losses Triggered After The Ceasefire Headlines
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