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JOSH convocation ceremony celebrates graduates, including specially abled candidates

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The Jewellery Occupational Skilling Hub (JOSH), the first-ever industry-funded, state-of-the-art training centre of the Gem & Jewellery Skill Council of India (GJSCI), held its convocation ceremony at Bharat Ratnam Mega CFC SEEPZ, Mumbai on 12th February. The event celebrated the graduation of 136 candidates, comprising the ninth batch of regular trainees and the second and third batches of Specially Abled Persons.

The convocation was graced by dignitaries including chief guest Mr. Dnyaneshwar B. Patil, IAS, Development Commissioner, SEEPZ-SEZ; Mr. Raghuraj Rajendran, IAS, Secretary (Technical Education), Skill Development and Employment, Government of Madhya Pradesh; and Mr. Sriram Natarajan, Managing Director, Gemological Institute of America (GIA); Also present on the occasion was Shri. Milan Chokshi, Chairman, GJSCI.

In his welcome address, Mr. Milan Chokshi congratulated the graduates for their dedication and perseverance in joining the gems and jewellery industry. He also extended gratitude to industry partners, including Mega CFC, SEEPZ Development Commissioner’s office, and GIA, for their continuous support in bridging the skill gap in the sector.

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National News

Precious Metals Ease On Resurgent U.S. Dollar, Shift In Geopolitical Sentiment

Any Breakthrough In Regional Tensions Could Further Alleviate The “Risk Premium” Currently Baked Into Metal Prices

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Precious metals eased on Wednesday as a resurgent U.S. dollar and a shift in geopolitical sentiment dampened demand for safe-haven assets.

Gold futures on the Multi Commodity Exchange (MCX) for June delivery opened at Rs. 1,54,757 per 10 grams, sliding from a previous close of Rs. 1,54,817. The contract hit an intraday low of Rs. 1,54,404, down 0.26%, as investors weighed the impact of potential peace talks between Washington and Tehran.

The slight retreat in bullion prices is primarily attributed to the Greenback’s recovery. A stronger dollar makes dollar-denominated gold more expensive for holders of other currencies, typically stifling demand.

While silver futures initially bucked the trend by opening higher at Rs. 2,54,343, the white metal succumbed to profit-booking, tumbling to an intraday low of Rs. 2,51,610—a 0.45% decline. In the international market, COMEX gold hovered near $4,837.3 per troy ounce.

With the August gold contract also trading lower at Rs. 1,54,725, market participants are keeping a close watch on U.S. diplomatic efforts. Any breakthrough in regional tensions could further alleviate the “risk premium” currently baked into metal prices.

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