National News
IIJS Bharat Premiere Invites Top Retailers Across Kerala
The Visit Reinforced GJEPC’s Commitment To Strengthening Relationships With The Country’s Most Respected Retail Jewellers Ahead Of The Show.
As part of GJEPC’s nationwide outreach for IIJS Bharat Premiere 2026, Khushboo Ranawat, Chairperson – Western Region, personally met leading legacy jewellery retailers across Kerala on 1st & 2nd July 2026, inviting them to be part of India’s premier B2B gem and jewellery exhibition.
The visit reinforced GJEPC’s commitment to strengthening relationships with the country’s most respected retail jewellers ahead of the show.
July 1st :-
Jos Alukkas Jewellery (Thrissur): Varghese Alukka, Managing Director
(Cochin): Anto Francis, Senior Purchase Manager
Bhima Jewels Pvt Ltd (Cochin): Sathish Chellan, CCO
July 2nd:-
Chemmanur Gold Palace Int. Jewellery (Thrissur): Shaji, Senior Purchase Head
Joyalukkas (Thrissur): Jose, General Manager & Mr. Gopalakrishnan, Diamond Purchase Head
Kalyan Jewellers (Thrissur): T S Kalyanaraman, Managing Director & Rajesh Kalyanaraman, Executive Director
KGD Kavitha Gold And Diamonds (Thrissur): Vinodh K, Supply Chain Manager & Mr. Baiju V P, Purchase Manager
Regal Jewellers (Thrissur): Varad Raj, General Manager, Purchase Department
National News
Gold, Silver Decline Further, MCX Silver Crashed To Hit Day’s Low
Globally, Spot Gold Is Struggling, Trading Below The $4,000 Mark and Hitting An 8-Month Low.
MCX gold prices fell by at least Rs 1,416, reaching an intraday low of Rs 1,41,115 per 10 grams. Globally, spot gold is struggling, trading below the $4,000 mark and hitting an 8-month low.
MCX silver took a massive hit, crashing by Rs 5,662 to reach a daily low of Rs 2,22,901 per 1Kg. Spot silver followed a similar trend, plunging nearly 2% to a 7-month low of $57.6 per ounce.
The primary catalyst for this downturn is robust US economic data, which has demonstrated the economy’s resilience and cemented market expectations that the Federal Reserve will implement interest rate hikes this year.
Key economic indicators influencing this shift include:
Strong Employment: The latest JOLTS report revealed that US job openings have surged to a two-year high. Additionally, market analysts are anticipating another solid increase in the upcoming June non-farm payrolls.
Unknown
Persistent Inflation: According to a report by Trading Economics, recent core inflation readings are maintaining levels significantly above the Federal Reserve’s target of 2%.
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