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 prices climbed above $4,250 ahead US ISM Manufacturing PMI release
US spot Gold prices climbed above $4,250 early Monday, touching a six-week high as investors turned cautious ahead of the upcoming US ISM Manufacturing PMI release. The yellow metal is poised for further upside momentum if it secures a sustained daily close above the crucial $4,250 resistance level.
The US Dollar opened December on a softer note, pressured by rising expectations that the Federal Reserve may announce a rate cut next week. Growing market confidence in easing monetary conditions has boosted the appeal of non-yielding assets such as gold.
Analysts note that a decisive break and close above $4,250 could reinforce bullish sentiment and pave the way for an extended rally in the days ahead. As global markets await fresh cues from the US economic calendar, gold continues to benefit from a favorable macroeconomic backdrop and robust safe-haven demand.
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