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SILVER SHOW OF INDIA – Delhi 1st Edition Silver dazzles in Delhi

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SILVER SHOW OF INDIA – Delhi 1st Edition concludes successfully; 

8700 trade visitors, 139 exhibitors, business of approx. 300 tonnes of silver transacted

The national capital shimmered in silver! We are talking of SILVER SHOW OF INDIA – Delhi 1st Edition, held at the magnificent Yashobhoomi IICC. Once again SSI proved to be an agent of transformation for the silver industry. The show featured 139 exhibitors spread across 380 booths. SSI saw a footfall of 8700 trade visitors and business of around 300 tonnes of silver being transacted.

Kangana  Ranaut, Member of Parliament- Mandi, Himachal Pradesh and a powerhouse of Indian cinema  inaugurated the Silver Show of India, Delhi 1st Edition. Present at the inauguration were Guests of Honour Shri T A Sharavana, MLC-Govt of Karnataka, Kirit Bhansali, Vice Chairman, GJEPC and Rajiv Jain, Hon Secretary, JJS, Former Chairman -GJEPC together with Prithviraj Kothari, National President -IBJA, Dr Chetan Kumar Mehta, President, Jewellery Division India- IBJA and Chairman, SSI Organizing Committee, Anurag Rastogi, Head-North India, IBJA Surendra Mehta, National Secretary, IBJA, Sreekanth Urs, MD-GES India Inc and other dignitaries from the GJ industry.

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A radiant Kangana Ranaut beamed as she spoke of what she saw at SSI; “I am dazzled at jewellery on at SSI- the elegance, the designs, the variety. I could spend the whole day at SSI.”Speaking of Indian jewellery she said, “Across the ages India has informed and taught the world about precious metals and stones, craftsmanship in jewellery design and adornment. I appeal to all members of the GJ trade and industry to take Indian jewellery to all corners of the globe and showcase its exquisite elegance.”

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JewelBuzz had the honour of presenting its JewelBuzz Magazine to Kangana Ranaut, Member of Parliament – Mandi, Himachal Pradesh, at the prestigious Silver Show of India, Delhi 1st Edition.Vivek Kabra, Publisher, JewelBuzz presented the magazine along with Anurag Rastogi, Head -North India, IBJA

The scale and importance of SSI was put in perspective by Dr Chetan Kumar Mehta, Chairman SSI, President- Jewellery Division India- IBJA, President –JAB, when he said “A new beginning has started well”.

Sreekanth Urs, MD-GES India Inc, said, “SSI is going to be an annual future in Delhi for all the coming years”.

SSI showcased over 3 lakh designs of silver jewellery designs by 139 exhibitors—across jewellery, artefacts, intricately designed home decor, finely crafted cutlery, and much more. Trade visitors from across India including attended SSI. The variety, innovation and the vast range of product segments and price points makes SSI a must-visit for the silver trade and industry.

SSI has been instrumental in providing respect and recognition to the silver and articles/artefacts segment. It provides a vision to the industry on the tremendous potential of silver. SSI showcases the strength of the industry by bringing such a large number of exhibitors together. As we have always maintained, SSI has truly put SILVER in the SPOTLIGHT!

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Gold and Silver Catch Their Breath After A Rough Patch AUGMONT BULLION REPORT

– Precious Metals Also Got A Lift From Softer Oil Prices, As Shipping Through The Strait Of Hormuz Kept Recovering Following The Interim US-Iran Peace Deal

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  • Price Movement – Gold and silver seem to be trying to find a bottom after months of heavy selling, damaged charts, and a macro story that keeps shifting under traders’ feet. Gold’s climb back toward $4200 and silver’s recovery above $62 both hint that demand for hard assets hasn’t gone away — it’s just been waiting for the right trigger to come back.
  • Geopolitical Tensions – Precious metals also got a lift from softer oil prices, as shipping through the Strait of Hormuz kept recovering following the interim US-Iran peace deal. Calmer waters there took some pressure off energy markets, indirectly helping bullion.
  • Macro-Economic Signals – Gold and silver eased slightly as investors waited for the Fed’s June meeting minutes, hoping for clues on new Chair Kevin Warsh’s policy thinking. Traders are now pricing in roughly a 50% chance of a September rate hike, down sharply from about two-thirds before the recent jobs report came out.

Technical Triggers  

  • Gold’s rebound from its recent low of $3,942 (~Rs 1,40,600) to $4,200 (~Rs 1,48,000) happened very quickly, so a pullback to the $4,080–4,100 range (~Rs 1,44,000) wouldn’t be surprising before the rally resumes toward $4,350 (~Rs 1,53,500). 
  • Silver could see a similar pause, dipping toward $59 (~Rs 2,30,000) before pushing higher again toward the $70–71 zone (~Rs 2,52,000).

Support and Resistance

International Gold Support Level
International Gold Resistance Level  
Domestic Gold Support Level
Domestic Gold Resistance Level
: $3960/oz
: $4250/oz
: Rs 140,000/10 gm
: Rs 150,000/10 gm
International Silver Support Level
International Silver Resistance Level
Domestic Silver Support Level
Domestic Silver Resistance Level
: $55/oz
: $65/oz  
: Rs 210,000/kg
: Rs 245,000/kg

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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