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
Precious Metals Find Support On Ceasefire Optimism AUGMONT BULLION REPORT
Gold Is Trading At Y Oversold Levels Near The Critical Support Zone Of $4,300, Silver Testing Key Support In The $66–$67 Range
- Price Movement – Gold and silver are consolidating near key support levels as markets digest a fragile Israel-Iran ceasefire alongside mounting concerns over inflation and the prospect of further interest rate hikes.
- Geopolitical Developments – President Trump confirmed that both parties are pursuing an immediate ceasefire, with final negotiations advancing. Israel and Iran announced a mutual halt to hostilities following a direct appeal from Washington. However, Tehran cautioned that it reserves the right to resume strikes if Israeli operations against Hezbollah in Lebanon continue.
- Macro-economic Signals – CME FedWatch data shows markets now pricing a greater than 70% probability of a Fed rate hike by December. Investors are closely watching May’s U.S. CPI and PPI releases, due Wednesday, for clearer signals on the Fed’s policy trajectory. The European Central Bank is also widely expected to deliver a rate increase this week.
Technical Triggers
- Gold is currently trading at deeply oversold levels near the critical support zone of $4,300 (approximately Rs. 1,54,000). A technical rebound of 3–4% is anticipated from current levels, driven by bottom-fishing activity. However, a sustained break below this support would shift the near-term bias decisively lower, exposing the $4,000–$4,100 range (approximately Rs. 1,50,000–Rs. 1,51,500) as the next downside target.
- Silver is similarly oversold, testing key support in the $66–$67 range (approximately Rs. 2,40,000–Rs. 2,42,000). As with gold, a 3–4% technical recovery is the base case on dip-buying, but a confirmed sustainability below this support would accelerate selling pressure toward $60 (approximately Rs. 2,20,000) in the short term.
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4300/oz : $4500/oz : Rs 154,000/10 gm : Rs 160,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $66/oz : $75/oz : Rs 240,000/kg : Rs 260,000/kg |
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