International News
The Jewelry Symposium to spotlight AI, traceability, and sustainable practices
The Jewelry Symposium (TJS), formerly known as the Santa Fe Symposium, the premier international event for jewellery manufacturing technology, will convene at the Detroit Marriott Troy from 17-20 May 2025, with a focus on cutting-edge technologies and sustainability.
This year’s symposium will expand beyond its traditional focus on metallurgy and craftsmanship to address critical industry issues like responsible sourcing, AI integration, and advanced manufacturing processes.
“We had an unprecedented number of proposals and abstracts for 2025, and we are delighted that many of our respected presenters will be focusing on timely and important issues like sustainability and technology,” says Linus Drogs, TJS Chairman of the Board. “We are grateful to the experts who will be sharing the latest information on CAD, AI, and additive manufacturing (3-D printing), as well as the group of professionals focused on sustainability related to a responsible supply chain and the tracing of coloured gemstones.”
The symposium will feature presentations from leading experts worldwide, catering to a diverse audience of bench jewellers, designers, manufacturers, students, retailers, and press. Among the technology-focused sessions, Scott Bradford of Gesswein will explore CAD techniques and software for enhanced jewellery design, while Jenny Luker of the Platinum Guild International (PGI) will unveil a new platinum alloy. Consultant Anne Miller will delve into the potential of generative AI, and Joseph Strauss of HJE Company, Inc. will discuss advancements in sinter-based 3-D printing.
Sustainability and ethical sourcing will also take centre stage, with Eric Branwaurt of Columbia Gem House and consultant Frank Cooper examining the traceability of coloured gemstones.
International News
Bullion Dips in India Despite Safe-Haven Demand as Dollar Firms
Precious metals opened slightly softer in India on Thursday (March 12), tracking cautious sentiment in international markets as geopolitical developments and a firmer US dollar tempered buying interest in bullion.
On the Multi Commodity Exchange (MCX), gold futures eased 0.26% to Rs.1.61 lakh per 10 grams for 24-carat gold. Silver prices also moved lower, slipping 0.63% to Rs.2.67 lakh per kilogram.
The modest decline in domestic bullion largely reflected global price action. Internationally, gold edged down in early trading, with spot prices hovering near $5,151 per ounce, while US gold futures for April delivery traded around $5,156 per ounce.
Market pressure came primarily from a stronger US dollar, which gained roughly 0.3%. A firmer dollar typically makes dollar-denominated commodities like gold more expensive for holders of other currencies, reducing immediate buying interest.
At the same time, crude oil prices climbed sharply as tensions involving Iran intensified and concerns grew over potential supply disruptions through the strategic Strait of Hormuz, a crucial passage for global energy shipments. These developments added volatility to commodity markets, influencing investor positioning across precious metals.
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