International News
Precious metals see a significant valuation correction
Following a period of unprecedented volatility, the precious metals complex has undergone a significant valuation correction. Gold and silver prices fell on 16 January due to a stronger US dollar and reduced geopolitical tensions. Gold futures dropped by Rs.721 to Rs.1,42,400, while silver fell nearly Rs.7,000 to Rs.2,84,628 but remained on track for a weekly gain of 14%.
High-frequency traders have “flipped the script,” pivoting from aggressive long positions to tactical profit-taking. Despite the intraday drawdown, the medium-term trajectory remains supported by a robust weekly momentum floor.
1. Geopolitical Risk Premium Compression The “Iran Protest Storm” that catapulted assets to all-time highs earlier this week has seen a rapid de-escalation of the risk premium.
- The Trump Pivot: After signaling imminent kinetic action, the administration has moved toward a “strategic pause.”
- Tehran Compliance: Reports of eased crackdowns on protestors and the cancellation of scheduled executions have mitigated the immediate “fireworks” narrative.3
- Regional Diplomacy: Coordinated “soft power” pressure from Israel and Middle Eastern stakeholders has successfully incentivized a cooling-off period to avoid regional blowback.
2. USD Dominance & Macro Headwinds The DXY (US Dollar Index) is currently “flexing,” driven by a robust US labor market.
- Data-Driven Strength: Crushing jobs data has effectively de-risked Fed rate cut expectations for the immediate term.
- Currency Barrier: For non-greenback holders, the “jacked” dollar has rendered gold and silver prohibitively expensive, triggering a safe-haven dump.
- Gold Strategy: Currently “down but not out.” We are maintaining a watch on the weekly gains, which remain intact despite the technical pullback.
- Silver Strategy: High-beta volatility is in play. The 14% weekly pop suggests underlying structural momentum if geopolitical tensions remain at a simmer rather than a boil.
- Operational Outlook: We are monitoring three primary verticals:
- Directives from the White House: High sensitivity to POTUS social media output.
- Federal Reserve Sentiment: Tracking the “Dollar Grind” against cooling inflation expectations.
- Physical Hedging: Action Item: Jewellery desks are advised to hedge books immediately to insulate against further downside “tail risk.”
DiamondBuzz
De Beers Group Launches “Heera Hai Aapke Liye” Program at IIJS Bharat Signature to Revolutionize Natural Diamond Accessibility in India
De Beers Group, the world’s leading diamond company, marked a significant milestone in the Indian jewellery landscape with the official launch of the “Heera Hai Aapke Liye” program at IIJS Signature. The star-studded event featured actress Sonakshi Sinha, who joined Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, to unveil an initiative dedicated to making natural diamonds an integral part of daily life for the modern Indian consumer.



The “Heera Hai Aapke Liye” (Diamonds are for You) program is strategically designed to promote natural diamonds by raising awareness, boosting market visibility,and creating a seamless connection between retailers and consumers. With a focus on modern designs and attractive price points, the program also lets local retailers use De Beers Group campaigns as their own—second-piercing earrings, ‘Bestie’ bracelets, and ‘Intention’ pendants. It positions diamonds as a lifestyle choice for self-expression and daily wear.

Speaking at the launch, Shweta Harit, Global Senior Vice President of De Beers Group and CEO of Forevermark, detailed the evolution of the brand’s storytelling, stating, “De Beers Group has a rich legacy of creating iconic ritual campaigns that have shaped how the world perceives diamonds. With ‘Heera Hai Aapke Liye,’ program we are evolving that narrative for the Indian market to another level.
We are not just selling jewellery, we are making natural diamonds more accessible and desirable in India. Our goal is to empower retailers through INDRA (Indian Natural Diamond Retailer Alliance) to ensure that every ‘First Diamond’ journey is as credible as it is beautiful.”

Speaking on the occasion, Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), said, “IIJS has always been a powerful platform for shaping the future of India’s gem and jewellery industry, and the launch of ‘Heera Hai Aapke Liye’ at IIJS Signature reinforces that role. GJEPC is proud to partner with De Beers Group on the INDRA (Indian Natural Diamond Retailer Alliance) project, which is a critical step towards strengthening domestic demand for natural diamonds.
By empowering retailers, enhancing consumer confidence, and expanding access across metros and Tier 2 markets, this initiative aligns perfectly with our vision to grow the natural diamond category sustainably within India.”
The program ‘Heera Hai Aapke Liye’, rests on few strategic pillars aimed at industry growth and scalability:
- Stocking & New Consumer Opportunity: Identifying gold wholesalers and distributors across 15–20 cities to focus on a first-phase target of 500 retailers.
- Retailer Advantage: Providing a “Design Advantage” and strict “Product Hygiene,” backed by a clear buy-back policy and robust training and marketing support via the INDRA alliance.
- Heera Hai Aapke Liye is robust entry-level product kit featuring earrings, bangles, bracelets, etc supported by exclusive visual merchandising (VM) for display.
- Growth and Scalability: A PAN-India reach strategy designed to unlock new business opportunities for both manufacturers and retailers.


As India continues to grow as the world’s second-largest market for retail diamond jewellery, De Beers Group remains committed to strengthening the natural diamond narrative. By combining the emotional appeal of natural diamonds with the practical “Heera Hai Aapke Liye” framework, De Beers aims to build a sustainable future for the category across both metros and Tier 2 cities. De Beers and GJEPC aim to expand the base of Natural Diamond buyers, increase self-purchase consideration, and establish long-term credibility for the category.
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