News
India-made jewellery machinery will showcase its strengths at JMAIIE
JbExclusive
As the global jewelry landscape shifts toward precision and indigenous excellence, JMAIIE 2026 stands as the definitive platform for the machinery sector. This year, we spotlight three industry veterans who are not just manufacturing machines, but are architecting the future of “Make in India.”
Bhavik Shah, CEO, Doit Industries, Rajesh Garg, Partner, Garg Electroheat, Satpal Kapoor, Proprietor, Professional Engineering Works speak on showcasing world-class, indigenous innovations—from laser markers and platinum melting units to advanced dust collection systems. This premier platform highlights a significant shift toward Make in India, proving that local machinery now meets or exceeds global standards. By prioritizing R&D and import substitution, these manufacturers are driving the machinery sector’s global competitiveness and self-reliance.
The collective sentiment of these leaders is a call to action for the fraternity. While the government provides the framework for MSMEs, the true growth of the sector relies on Research & Development and Institutional Trust.
The machinery sector is no longer a silent contributor; it is the backbone of the jewelry industry. By investing 20% of capital back into R&D and fostering a culture where jewelers “Trust the Indian Manufacturer,” JMAIIE 2026 is paving the way for a future where 80% of the world’s jewelry machinery bears the “Made in India” hallmark.
International News
Precious Metals Rebound As Fed Rate Fears Ease
Recent Volatility In Technology Stocks Pushed Investors To Seek Shelter In Traditional Safe-Haven Assets
Gold and silver surged on Saturday, June 27, building on recent gains after cooler US inflation data alleviated worries about potential Federal Reserve interest rate hikes. This rebound follows a sharp downturn last week, which had dragged bullion down to its lowest levels since November 2025.
Spot Gold: Advanced 1.6% to settle at $4,089.80 per ounce in New York. Spot Silver: Climbed 2.2% to reach $59.15 per ounce. Other Metals: Platinum and palladium also posted gains.
Beyond the macroeconomic data, broader market anxiety fueled the rally. Recent volatility in technology stocks—largely driven by shifting sentiment around Artificial Intelligence (AI)—pushed investors to seek shelter in traditional safe-haven assets. Despite a 1.7% intraday surge on Friday, gold remains on track for its fourth consecutive weekly decline, marking its longest weekly losing streak since August 2023.
Meanwhile, Indian domestic retail prices held steady on Saturday, maintaining their elevated positions. In Mumbai, prices closely mirrored national trends: 24K Gold: Rs. 1,44,300 per 10 grams.999 Fine Silver: Rs. 2,22,850 per kilogram
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