JB Insights
INDIA GOLD CONFERENCE 2024
Fostering insightful discussions; paving the way for collaborations and innovation in the gold industry
The India Gold Conference 2024, held from August 23-25 at Hilton Manyata Business Park, Bengaluru, proved to be a significant event for the global gold industry. Organized by Eventell Global Advisory Pvt Ltd in association with the India Bullion Jewellers Association, the conference brought together over 666 delegates from around the world, including more than 39 sponsors, 22 exhibitors, and 61 distinguished speakers.

The conference kicked off with a grand inaugural ceremony : In attendance were Chief Guest Pralhad Joshi, Union Minister for Consumer Affairs (joined via video link), H.E. Mr. Javier Manuel Paulinich Velarde, Ambassador of Peru to India; Prithviraj Kothari, National President of IBJA; Sakhila Mirza, Deputy CEO of the London Bullion Market Association (LBMA); Sachin Jain, Regional CEO – India – World Gold Council; Vipin Raina, President Marketing – MMTC PAMP India Pvt Ltd and leading players from the gold mining, bullion, jewellery sectors and dignitaries from the global and domestic gold industry.


Their speeches set the tone for the conference, emphasizing the importance of collaboration and innovation in the gold industry.
A special session on gold dore offered deep insights into the refining and processing aspects of gold, followed by the launch of the Self-Regulatory Organization (SRO) for the Indian gold industry, a significant milestone aimed at enhancing the transparency and efficiency of the market.
The conference also featured a roundtable discussion titled “India Gold Market – What Next?” where over eight panelists from various segments of the industry shared their perspectives on the future of India’s gold market. This discussion was particularly engaging, providing attendees with diverse viewpoints on the challenges and opportunities facing the industry.
Several key sessions were held over the three days, focusing on critical aspects of the gold industry:
India’s Gold Jewellery Industry: Crafting a Vision for the Future – This session explored the evolving trends and future outlook of India’s gold jewellery sector.
Future of Gold Refining – Experts discussed the technological advancements and regulatory changes shaping the refining industry.
Loan Against Gold: Opportunities and Issues – This session delved into the financial aspects of gold loans, highlighting both the opportunities and challenges in this segment.
Gold Investment Demand – A detailed analysis of the current and future demand for gold as an investment was presented, providing valuable insights for investors and market analysts.

Price Outlook on Gold – Industry experts provided their forecasts on gold prices, considering various global economic factors.
Start-ups in Gold and Gold Jewellery Industry – The session spotlighted innovative start-ups that are disrupting the traditional gold and jewellery markets, showcasing new business models and technologies.
Overall, the India Gold Conference 2024 successfully provided a platform for industry leaders, experts, and stakeholders to connect, share knowledge, and discuss the future of the gold industry. The conference fostered numerous meaningful discussions, paving the way for new collaborations and developments in the gold market.
As the conference concluded, the anticipation for India Gold Conference 2025 is already building, with the promise of more insightful discussions and networking opportunities.
Jewellers Association, Bengaluru was felicitated at India Gold Conference 2024




JB Insights
Silver Goes Stylish: How Silvostyle Is Winning Gen Z and Millennials
As silver transitions from a traditional staple to a modern fashion essential, PNG Jewellers introduces Silvostyle—a brand redefining everyday luxury. Rooted in a legacy of craftsmanship yet fueled by global trends, Silvostyle bridges the gap between heritage and high fashion.
In an exclusive conversation with JewelBuzz, Hemant Chavvan, VP of Marketing and E-commerce, reveals how the brand captures the Gen Z and millennial pulse. By blending digitally fluent storytelling with omnichannel accessibility, Silvostyle democratizes fine jewellery. The discussion explores their design philosophy, influencer-led strategies, and how they are positioning silver as the ultimate medium for youthful, expressive style across India.
1. Vision behind launching Silvostyle under PNG Jewellers
Silvostyle was launched to translate PNG Jewellers’ trusted legacy of purity and craftsmanship into a modern, accessible silver jewellery brand. With silver increasingly popular among younger buyers and fashion-forward consumers, Silvostyle brings together tradition and trend in every piece.
The brand draws on global fashion influences while maintaining quality standards and design integrity rooted in PNG’s heritage. Silvostyle aims to democratise contemporary silver jewellery, offering the confidence of reliability, design innovation, and an affordable, youthful format that resonates across urban markets.


2. Silvostyle’s design language
Silvostyle’s design language is modern, minimal and versatile, tailored for consumers who value style with wearability. Clean lines, wearable silhouettes, and subtle yet striking details blend international fashion trends with Indian craftsmanship.
Collections feature sterling silver, semi-precious stones, and intricate finishing, resulting in jewellery that feels contemporary, effortless, and expressive.


3. Core Silvostyle customer & Gen Z–Millennial influence
Silvostyle’s core audience comprises urban Gen Z and millennial buyers seeking expressive, fashion-forward jewellery. These consumers prioritise lightweight, stackable, Instagram-worthy designs styled in multiple ways.
The brand’s digital-first campaigns, curated retail experiences, and trend-driven collections balance timeless appeal with modern sensibilities, establishing credibility among style-conscious shoppers.
4. Balancing affordability with craftsmanship
Silvostyle delivers everyday luxury through intelligent design, efficient sourcing, and stringent in-house quality control. Leveraging PNG Jewellers’ legacy standards, the brand ensures premium finishes, durability, and aesthetic impact—without escalating costs.
Silver is positioned as an attainable luxury category, ideal for frequent purchases and gifting occasions.
5. Role of minimalism & personalisation
Minimalism and personalisation are central to Silvostyle’s offerings. Stacking rings, charm accents, and delicate bracelets encourage creative styling and self-expression.
The collections blur the line between fashion and personal storytelling, making jewellery suitable for everyday wear and milestone celebrations.
6. Seasonal collections & campaigns
Silvostyle aligns seasonal launches with Valentine’s Month, festive seasons, and travel occasions, supported by youth-centric, digital-first activations.
Through trend awareness and lifestyle storytelling, the brand positions launches as experiential moments, not just product drops—enhancing engagement across social media platforms.
7. Key growth priorities & market outlook
Growth priorities include retail expansion, stronger digital engagement, and accelerated trend adoption. With more standalone stores and shop-in-shop experiences, Silvostyle aims to deepen presence across Tier 1 and Tier 2 markets.
As silver gains momentum among younger buyers seeking fashion-led, affordable luxury, the brand is well positioned with trend-aligned collections and omnichannel access.


8. Influencer marketing strategy
Silvostyle collaborates with micro and mid-tier influencers whose aesthetics mirror its audience. Through reels, styling guides, and everyday wear inspiration, the brand drives authentic engagement.
This strategy fosters a digitally native community, strengthening credibility through relatable, visually driven storytelling.
9. Outlook for silver jewellery in India
The outlook for silver jewellery in India is robust, driven by evolving fashion sensibilities, gifting culture, and demand for affordable luxury accessories.
As consumers explore alternatives to high-value gold purchases, silver emerges as a versatile category bridging daily wear and celebratory occasions, particularly among urban and younger demographics.
Silvostyle reflects the changing rhythm of India’s jewellery preferences—where versatility, affordability, and self-expression take centre stage. By blending PNG Jewellers’ heritage with modern design language, digital-first engagement, and trend-led storytelling, the brand is redefining silver as a lifestyle choice.
As demand for accessible luxury grows, Silvostyle stands poised to shape the future of silver jewellery in India—one thoughtfully designed piece at a time.
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