National News
IIGJ Jaipur conducts orientation for GJ industry HR leaders on skilling
IIGJ Jaipur engages HR leaders to drive Tarang, an initiative for industry-focused skill development
GJEPC’s Indian Institute of Gems & Jewellery (IIGJ) Jaipur, organised an orientation programme for HR heads of the gems and jewellery industry to introduce the Council’s latest skilling initiative, Tarang.
In attendance were Yogendra Garg, Regional Chairman, GJEPC;. Sudhir Kothari, Chairman, IIGJ; Sanjay Kala, Vice Chairman, IIGJ; and Anand Rao, Board Member, IIGJ Lab. The leaders emphasized the crucial role that HR professionals would play in ensuring the success of Tarang, which is being driven under the leadership of Abhay Chordia.
The interactive session witnessed participation from around 25 HR heads representing various companies across the gems and jewellery sector. The attendees pledged their wholehearted support to the initiative, recognizing it as a significant step towards strengthening industry-oriented skill development and nurturing a trained workforce for the future.
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise
- Jewellers were advised to use a mix of futures and options for risk mitigation
- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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