International News

Lawmakers Demand Fort Knox Gold Audit Under New Legislation

Published

1 year ago

June 9, 2025

A group of U.S. lawmakers has introduced the Gold Reserve Transparency Act of 2025, a bill that would require a full and independent audit of the nation’s gold reserves — including the approximately 4,000 tonnes stored at Fort Knox.

Led by a bipartisan coalition in Congress, the legislation mandates that the Comptroller General of the United States, who heads the Government Accountability Office (GAO), conduct a thorough audit of all U.S. gold holdings. This would be the most extensive review of America’s gold reserves in decades.

Supporters of the bill argue that greater transparency is essential for ensuring public trust in U.S. fiscal policy and verifying that the nation’s gold assets remain intact, properly accounted for, and securely stored.

International News

GJEPC Steps Up UK Outreach Ahead Of IIJS Bharat Premiere 2026

GJEPC Visited Major Jewellery Trading Hubs, Meeting 20+ Jewellery Retailers and Wholesalers Through In-Person Interactions

Published

9 hours ago

July 22, 2026

JewelBuzz Spread The Buzz

GJEPC intensified its promotional efforts in the United Kingdom ahead of IIJS Bharat Premiere 2026 through a week-long outreach programme in London that combined direct retailer engagement with the 2nd India-UK Jewellery Buyer-Seller Meet (BSM). The initiative was held from 6 to 10 July 2026 and aimed to attract more UK buyers while strengthening trade ties following the India-UK Free Trade Agreement.

As part of the campaign, Gaurang Vora, Manager, GJEPC, visited major jewellery trading hubs including Green Street, Southall and Wembley, meeting 20+ jewellery retailers and wholesalers through in-person interactions. He promoted IIJS Bharat Premiere 2026, distributed event information and registration details, and gathered market feedback on sourcing requirements and buying trends.

Based on feedback from UK buyers, the 2nd India-UK Jewellery Buyer-Seller Meet generated strong demand for 22-karat gold jewellery, diamond jewellery, lightweight designs, lab-grown diamond jewellery and silver jewellery. Buyers also expressed interest in sourcing from reliable, export-oriented Indian manufacturers and suggested that suppliers offer smaller minimum order quantities to better meet the needs of independent retailers.

The campaign generated new buyer enquiries, strengthened relationships with existing trade partners and provided GJEPC with market intelligence on consumer preferences and sourcing trends. The Council plans to continue engaging with buyers, assist with IIJS Bharat Premiere registrations and facilitate introductions between overseas buyers and Indian manufacturers.