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Current Bulletin Highlight

31st May 2026

  • Centre Tightens Duty-Free Gold Import Rules Under Advance Authorisation Scheme
  • Gold demand remains strong despite policy tightening
  • Gold Industry Proposes New Strategy To Cut Imports and Boost Local Economy
  • AIJGF Proposes Regulated "Bullion Bank", Proposal Presented Directly To Union Commerce and Industry Minister
  • Precious Metals Mixed As US Halts Iran Strike
  • Precious Metals Hold In Consolidation As US-Iran Tensions Offset Easing Oil Concerns AUGMONT BULLION REPORT

30

April
2023

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Welcome to IBJA Bulletin

Prithviraj Kothari

Prithviraj Kothari

President- IBJA

Gold prices have been on the rise for the last two months and recently scaled record highs, driven by geopolitical risk, growing expectations of cuts in interest rates in early 2024, global economic uncertainty and moderation in the USD. Bank crisis in international market will keep gold demand intact and its prices will continue to enhance.

We have already launched IBJA jewellery and knowledge park (Gold Craft) spread across 87 acres in new Mumbai with a state-of-the-art manufacturing facility and a convention centre of 1,20,000 sq. ft. These parks will also have skill development centre for gems and jewellery sector. It is essential that we preserve and pass on Artisan skill to the next generation.

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