International News
OROAREZZO opens today; 370 exhibitors participating, over 400 foreign buyers expected

The 44th edition of Oroarezzo opens tomorrow, Saturday 10. The Italian Exhibition Group event, held at Arezzo Fiere e Congressi, Arezzo – Italy, will host and showcase the best of made-in-Italy gold and jewelry production until Tuesday, May 13.
The opening ceremony of Oroarezzo 2025 will begin at 11:30 am in the Auditorium with institutional greetings from Maurizio Ermeti, president of Italian Exhibition Group, Alessandro Ghinelli, Mayor of Arezzo, Alessandro Polcri, President of the Province, Massimo Guasconi, president of Arezzo-Siena Chamber of Commerce, and Ferrer Vannetti, president of Arezzo Fiere e Congressi, introduced by Maurizio Amoroso, deputy director of Mediaset’s Allnews. This will be followed by speeches from the Minister of the Interior, Matteo Piantedosi, Maurizio Forte, Head of Export of Italian Trade Agency, Luca Parrini representing the gold and jewelry industry’s trade associations, and Giordana Giordini representing Confindustria Federorafi Nazionale. Eugenio Giani, president of the Tuscany Region, has also been invited.
Oroarezzo is manufacturing and design, technologies for the supply chain, precious and semi-precious stones, components and semi-finished products, packaging and a vast cash & carry area for retail jewelers. With over 370 exhibitors, of which 84% are made in Italy and 16% from abroad, and about 400 foreign buyers hosted thanks to collaboration with the Italian Trade Agency (ITA), IEG has created correspondence between the foreign markets of reference and the manufacturing districts, starting with the “home” team. The hosted buyers come from 60 countries, with greater percentages from the UAE, Egypt, Colombia, Argentina, Lebanon, Romania and Hong Kong. The buyer contingent from the U.S. has increased 30% this year compared to 2024. As for where Italian companies come from, 42% will be from Tuscany. Other regions represented are: Veneto, Lombardy, Piedmont and Campania.
In recent years, IEG has extended the range of events and conferences for Oroarezzo’s professional community. This edition’s calendar will include economic scenarios organized by Club degli Orafi with Intesa Sanpaolo’s Research Department, Federpreziosi
Confcommercio’s Observatory, and the Italian Trade Agency. The second edition of the Precious Fashion event will bring developments and technologies between the jewelry and metal fashion accessory supply chains closer (updated program on the event’s homepage) in collaboration with AFEMO, the Italian Association of Jewelry Machinery Manufacturers.
In addition to the iconic Première competition (34th edition), inspired by art director Beppe Angiolini, with 60 participating companies. The “Talents” category introduced last year showcases the projects of the students from local goldsmith schools. Oroarezzo guests will also have the honor of seeing Giacomo Puccini’s “Gianni Schicchi” on stage at the Petrarca Theater, an event promoted by IEG, Arezzo City Council and the Guido d’Arezzo Foundation. The stage costumes will be embellished with jewelry from several of Federorafi Confindustria’s member companies.
In 2024, Arezzo confirmed its position as Italy’s leading district for gold, silver and jewelry exports. According to ISTAT data processed by Federorafi Confindustria, in the period January-December last year, Arezzo’s jewelry exports were worth 7.7 bn with +119% more than 2023. The district alone is worth 48% of all domestic jewelry exports.
Arezzo manufacturing’s main destination markets in terms of volume are: Turkey with 4.733 bn (+523%), United Arab Emirates with 739 m (+7.9%), United States with 501.7 m (+6.5%), France with 262.9 m (+9.7%) and Hong Kong with 201.4 m (-14.4%). Domestic exports in the January-December 2024 period showed a double-digit increase: +41.4%, amounting to just over 15.5 billion euros, of which 13.7 billion generated by wearable gold jewelry alone (+48.7%), and 893 m (+0.6%) by wearable silver jewelry. The trade balance of all wearable jewelry rose to 12.7 billion euros.

International News
Gold continues upward march;Bank of America forecasts $5,000/oz for 2026

Gold prices in India saw a modest rise on Wednesday today Oct 15, mirroring an uptick in international markets as renewed US-China trade tensions and expectations of further US interest rate cuts bolstered demand for safe-haven assets.24k gold traded at Rs.1,28,360/10gm after gaining ₹10 in early trade, while silver prices increased by Rs.100 to Rs.1,89,100 per kilogram.
Gold prices surged to a record high of $4,179.48 per ounce on October 14, 2025. Investors flocked to safe-haven metals amid trade tensions and Fed rate-cut expectations. U.S. December gold futures jumped 57% year-to-date. Bank of America raised its 2026 gold forecast to $5,000 per ounce, warning of possible near-term corrections.
Gold prices soared to an unprecedented $4,179.48 per ounce on October 14, 2025, marking a historic milestone for the yellow metal. The rally comes as investors worldwide seek safety in hard assets amid a turbulent global economic backdrop marked by escalating trade tensions, slowing growth, and expectations of further interest rate cuts by the U.S. Federal Reserve.
The sharp surge in bullion prices has been driven by a combination of macroeconomic uncertainty and aggressive monetary easing. As inflation pressures remain sticky and central banks pivot toward dovish policies, gold has reasserted its role as a hedge against both currency debasement and market volatility.
In futures trading, U.S. December gold contracts have skyrocketed nearly 57% so far this year, underscoring the strength of investor demand across both institutional and retail segments. Analysts note that central bank buying—particularly from emerging markets—has added further momentum to the rally, with several countries diversifying reserves away from the U.S. dollar.
Reflecting this bullish sentiment, Bank of America has raised its 2026 gold price forecast to $5,000 per ounce, citing continued monetary easing, geopolitical instability, and robust central bank accumulation. However, the bank also cautioned that short-term corrections are likely, given the rapid pace of the recent run-up and potential bouts of profit-taking.
Overall, gold’s meteoric rise underscores a broader shift toward safe-haven assets, as investors navigate a world increasingly defined by economic fragmentation, shifting interest rate cycles, and persistent geopolitical risks.
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