15th SEPTEMBER 2023
In 2022, Gold prices have got lot of support from Russian- Ukraine war and as various sanctions put on Russia, prices of various export commodities like Oil, metals, grains have spurred. This is in turn has increased inflation. From last one year, higher inflation is already a concern and it seems it will be concern in 2023 also. Bank crisis in international market will keep gold demand intact and its prices will continue to enhance.
IBJA is also aligned with the government’s vision of implementing mandatory hallmarking and is supporting the programme through extensive training programmes, webinars and awareness among jewellery manufacturers and retailers throughout the country.
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India Bullion and Jewellers Association Ltd. (IBJA) was established in 1919, as a result of the prevailing circumstances in the market that warranted an association with multi-faceted approach to the problems and challenges faced by the bullion traders in a newly liberated India. The IBJA has grown in its reach, stature and reputation over the years since its creation.
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INDIA BULLION AND JEWELLERS ASSOCIATION LIMITED
IBJA House, 2nd Agiary Lane, Zaveri Bazar, Mumbai - 400003.+91-22 49098950 / 49098960 / 23426971