International News
Jewelers of America Awards First-Ever Impact Initiative Grants to Support Industry Progress
Jewelers of America (JA) has announced the recipients of its inaugural Impact Initiative Grants, awarding funding to six jewelry trade organizations for programs designed to strengthen and advance the industry.
The selected organizations represent a mix of local and global communities and offer a wide range of initiatives focused on education, access, innovation, ethics, and sustainability. The Impact Initiative aims to empower the next generation, promote responsible practices, and elevate industry standards.

“We believe in the power of community, education, and empowerment,” said JA President and CEO David J. Bonaparte. “The applicants for our first Impact Initiative share our goal to make the jewelry industry stronger. We are proud to support these six organizations and look forward to seeing their collective programs create meaningful change.”
Among the recipients:
- BIJC Education Fund received support for its Future Jewelers Academy, a program launched in 2023 to engage high school students from underrepresented communities. The academy offers hands-on training, mentorship, and skill-building opportunities in gemology, watchmaking, and jewelry design—aiming to preserve traditional craftsmanship while inspiring future careers in the trade.
- Diamonds Do Good, a nonprofit founded in 2007, was granted funds for its ongoing mission to share the positive social and environmental impact of natural diamonds. The organization highlights real-life stories of education, entrepreneurship, and development in diamond-producing communities, while promoting ethical practices across the industry.
- Jewelers Security Alliance (JSA) received funding for its upcoming JSA Security Certification Program, a nationwide initiative to train jewelry professionals in critical safety and security protocols. The certification will cover physical and digital protection, robbery prevention, and emergency response, incorporating the latest techniques and insights from law enforcement.
JA’s Impact Initiative marks a significant step in fostering a more inclusive, innovative, and responsible future for the jewelry sector.
International News
Global Bullion Markets Experience Downturn As US Fed Keeps Interest Rates Unchanged
Market Analysts Anticipate Continued Volatility In Precious Metals As Traders Digest The Fed’s Stance On Monetary Policy and Its Implications For Future Rate Trajectories
Global bullion markets experienced a downturn on Thursday as spot gold and silver prices each fell by nearly 1% following the U.S. Federal Reserve’s overnight decision to keep key interest rates unchanged. Domestic gold and silver prices in India are expected to reflect this global weakness throughout today’s trading session.
| Parameter | Details |
| Gold (MCX) Futures | ~₹1,43,600.00 – ₹1,43,724.00 per 10 grams |
| Silver (MCX) Futures | ~₹1,94,450.00 per kg |
| Key Contract Benchmark | December 2026 Gold Futures are hovering near ₹1,42,324 – ₹1,43,700 levels. |
| Spot Gold | Down ~1%, struggling around $4,044/oz. |
| Spot Silver | Down ~1%, trading below $53.50/oz. |
| U.S. Fed Policy Rate | Unchanged at 3.75% – 4.00%. |
In international markets, spot gold tumbled nearly 1% to trade near $4,044 per ounce, while spot silver dropped 1% to fall below $53.50 per ounce.
The market reaction follows the latest Federal Open Market Committee (FOMC) meeting, where policymakers voted to maintain the target range for the federal funds rate at 3.75% to 4.00% (3-3/4 to 4 percent).
In an official statement, the FOMC reaffirmed its commitment to supporting its dual mandate of maximum employment and price stability while continuing its policy of maintaining ample reserves within the banking system.
Market analysts anticipate continued volatility in precious metals as traders digest the Fed’s stance on monetary policy and its implications for future rate trajectories.
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