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
Precious Metals Surge On Ceasefire Optimism AUGMONT BULLION REPORT
Geopolitical Optimism and Macro Shifts Drive Bullish Momentum
Safe-Haven Dynamics – Gold is expected to gain 1% and Silver 4% this week, marking a fourth straight weekly increase. This rise is driven by improving prospects of a permanent US-Iran ceasefire, which has reduced inflation concerns and lowered expectations of further central bank rate hikes.
- Geopolitical Developments– President Trump stated that Iran has agreed to key conditions: abandoning its nuclear weapons program, providing “free oil,” and keeping the Strait of Hormuz open. However, Iranian officials have not yet confirmed these terms. Separately, Israel’s cabinet convened on Wednesday to evaluate a potential ceasefire in Lebanon, over six weeks into its ongoing conflict with Iran-backed Hezbollah.
- Macro-economic Signals – Oil prices have dropped sharply on optimism surrounding a possible Iran deal, easing inflationary pressure, and reducing rate hike expectations. US traders currently assign a 29% probability to a 25-basis-point rate cut this year – a significant downward revision from earlier forecasts of two cuts before the conflict began.
Technical Triggers
- If Gold sustains above $4,850 (~ Rs. 1,55,000), the next upside resistance would be $5,000 (~ Rs. 1,60,000).
- As suggested earlier, Silver has given a breakout above $76.50 (~ Rs. 2,44,000), the next resistance would be $82 (~ Rs. 2,57,000) and $87 (~ Rs. 2,65,000) on continued strength.
Support and Resistance
| International Gold Support Level International Gold Resistance Level Domestic Gold Support Level Domestic Gold Resistance Level | : $4600/oz : $5000/oz : Rs 153,000/10 gm : Rs 160,000/10 gm |
| International Silver Support Level International Silver Resistance Level Domestic Silver Support Level Domestic Silver Resistance Level | : $70/oz : $82/oz : Rs 225,000/kg : Rs 257,000/kg |
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