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15th April 2024

  • 2nd Silver Conference 26-28 April 2024, Novotel Dona Sylvia, Goa.
  • G7's sanctions on Russian diamonds will hit India hard: S Jaishankar
  • Lok Sabha elections, recent surge in gold prices could stall demand:WGC
  • IGI Considering IPO
  • Okavango Diamond Company joins Natural Diamond Council as newest member
  • Gold prices:Goldman Sachs rises forecast from $2300 to $2700 per ounce

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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