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

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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 PiantedosiMaurizio 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.


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International News

Global Platinum Jewellery Market Rebounds, Driven by Surging Demand in China and Resilience in Key Markets

The global platinum jewellery market showed strong recovery in the first quarter of 2025, according to Platinum Guild International’s (PGI) latest Platinum Jewellery Business Review. Growth was led by a sharp rebound in China and steady gains in India, alongside positive trends in the US, UAE, and Japan.

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In India, platinum jewellery continued to grow despite wider market challenges, including record-high gold prices and the seasonal slowdown at the end of the financial year in March. PGI’s top 15 strategic partners in India posted an average year-on-year platinum sales growth of 7%, supported by in-store activations, digital campaigns such as Platinum Love Bands, and celebrity-led marketing.

China delivered the strongest performance, with platinum jewellery fabrication rising 50% year-on-year in Q1, significantly outperforming gold and diamond categories. The surge was driven by both plain and gem-set platinum jewellery, as jewellers shifted away from gold amid high prices and sluggish diamond demand. PGI reported the opening of over 40 platinum-dedicated wholesale showrooms and the conversion of several gold production lines to platinum. Retail sales rose 16% year-on-year, prompting calls for stronger marketing and new product offerings to sustain demand.

In the UAE, platinum jewellery retail sales grew 25% year-on-year. Platinum now has a presence in 136 stores across the GCC, with PGI’s focused partnerships and campaigns helping to expand the category’s footprint, particularly among South Asian communities.

Japan saw platinum jewellery outperform the broader market for the sixteenth straight quarter. Unit sales rose 1% year-on-year in Q1, driven by discount stores, department stores, and non-store channels. Pendants, necklaces, Kihei chains, and affordable platinum pieces remained in demand.

In the United States, platinum jewellery unit sales rose 19% year-on-year among PGI’s strategic partners, with revenue up nearly 24%. Wedding bands and fashion jewellery led the gains, and some retailers continued to convert inventory from white gold to platinum.

“As consumers increasingly seek meaningful, high-quality pieces at accessible price points, platinum is gaining ground not just in China, but also in key markets such as India, Japan, the United States and the United Arab Emirates,” said Tim Schlick, CEO, PGI. “PGI’s strategic partnerships remain at the heart of this growth story, helping to build lasting consumer connections with platinum.”

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International News

Gold stable as Fed maintains data-driven stance AUGMONT BULLION REPORT

Supported by a declining dollar, gold extended its gains from the previous session to approximately $3325 (~Rs 96500) as investors continued to keep an eye on trade events and review the most recent FOMC minutes.

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  • The Fed’s June meeting minutes revealed disagreement among officials over the timing and scope of possible interest rate cuts.
  • Views varied from supporting a reduction as early as July to favouring no cuts at all by year’s end, even though the majority expected some easing later this year.
  • In the face of conflicting economic signals, such as tariff-related inflation threats, declining consumer spending, and a labour market that is nonetheless robust, the Fed remained cautious and data-driven.

Technical Triggers  

  • Gold continues to trade near the lower side of the range of $3300 (~Rs 96250) and $3400 (~Rs 98500). If prices sustain below $3280 (~Rs 96000), weakness could further extend to $3200 (~Rs 94000).
  • Silver is not able to sustain above its range of $37.5 (~Rs 108,500) and $35.5 (~Rs 105,000). Consolidation continues before heading higher towards the next target is $38 (~Rs 110,000).

Support and Resistance

CategorySupport LevelResistance Level
International Gold$3280/oz$3370/oz
Indian Gold₹96,000/10 gm₹97,700/10 gm
International Silver$35.5/oz$37.5/oz
Indian Silver₹1,05,000/kg₹1,10,000/kg

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International News

Tenoris Report: 5% rise in jewellery sales in H1 2025

Gold jewellery led category growth with low double-digit revenue gains

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The jewellery market posted a healthy 5% revenue growth in H1 2025, according to Tenoris, sustained by a steady five-month rise and a 3% increase in June sales. While the total number of pieces sold declined, consumers spent more per item, leading to a 10% surge in expenditure per unit in June and higher average prices across diamond, sapphire, gold, platinum, and silver jewellery.

Lab-grown jewels stood out, recording higher unit sales despite falling average prices, reflecting shifting consumer preferences. Round diamonds, though still dominant at 52% of sales, are gradually losing ground to oval shapes, which now account for 20%.

Finished jewellery also performed well, especially bracelets, which saw nearly 10% year-on-year revenue growth. Demand is strengthening in higher price segments, notably items priced between $7,500 and $10,000.

Natural diamond jewellery sales dipped in June but rose 3% year-to-date, driven by demand for pendants, bracelets, and necklaces above $2,500, often featuring lab-grown diamonds. The loose natural diamond market saw higher average carat weights but longer inventory turnover, while lab-grown loose diamonds continued to capture market share. Overall, the industry is rebounding from flat sales in H1 2024 and is focused on tapping new consumer demographics to sustain momentum.

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