GJ Town India

Shining a light on platinum!   In the series "Platinum beyond the Bench," PGI USA shares platinum stories with the goal of shining a light on platinum's many uses beyond the realm of jewelry. Information for ‘Platinum beyond the Bench’ is provided by the World Platinum Investment Council. Boots on the Moon: Platinum’s ability to unlock hydrogen technologies could help achieve sustainable space exploration goals NASA’s Artemis lunar exploration program hopes to send the first woman and the next man to the surface of the moon. While ‘boots on the moon’ are not expected until at least 2024, it is an ambitious program that aims to open up a new frontier in space travel. Throughout the Artemis program, robots and humans on the lunar surface will search for, and potentially extract, resources such as water that can be converted into other usable resources, including oxygen and hydrogen.  By fine-tuning precision landing technologies as well as developing new mobility capabili...

  Recently Platinum Guild International (PGI) reported Platinum Jewellery Business Review (PJBR) for the 2Q 2020. The report says China’s GDP grew in Q2 showing an impressive post COVID-19 recovery. The decline of jewellery sales eased after lockdown measures were lifted in most cities. Platinum fabrication returned to positive growth in Q2, thanks to new product launches, promotions and PGI’s Reboot against a backdrop of positive metal pricing.   India’s store traffic and consumer demand dropped significantly as the majority of the jewellery business was closed. Once business resumes, platinum jewellery is likely to benefit from retailers’ focus on high margin categories and a conversion of gold customers to optimise return.   COVID-19’s economic impact is severe in Japan, but the government's cash hand-outs and an easing of the State of Emergency in late May supported a consumption recovery in June. Jewellery sales were dismal; however platinum was still performing...