GJ Town India

  Jewellers For Hope with over ₹12 Crore raised with Star Power     Update 2: The 10th edition of Jewellers for Hope, the flagship charity fundraiser by the Gem & Jewellery Export Promotion Council (GJEPC), lit up Mumbai with compassion, commitment and a celebration of social impact. Held alongside IIJS Premiere 2025, the landmark edition brought together industry leaders, philanthropists, and dignitaries to honour a decade of meaningful giving.    Organised in partnership with De Beers Group and World Gold Council, powered by GIA, and co-partnered by HRD Antwerp, this milestone evening paid tribute to the transformative power of collective effort. Since its inception in 2014, Jewellers For Hope has contributed over ₹12 crore to 20 NGOs working across healthcare, education, women’s empowerment, and social welfare. The funds raised this year will support the RK HIV AIDS Research and Care Centre, a beacon of humanitarian healthcare in India. Wit...

CBs gold reserves will surge over the next 12 months   Recently World Gold Council published the report, Central Bank [CB] Gold Reserves Survey. Central banks have accumulated over 1,000t of gold in each of the last three years, up significantly from the 400-500t average over the preceding decade. This marked acceleration in the pace of accumulation has occurred against a backdrop of geopolitical and economic uncertainty, which has clouded the outlook for reserve managers and investors alike!   Our 2025 Central Bank Gold Reserves (CBGR) survey, conducted between 25 February and 20 May, helps us shine a light on the continued importance of gold reserve management in these challenging times. This year we set a new benchmark, drawing in 73 responses2 – the highest since our survey commenced eight years ago. The sample is highly representative of the overall central bank community, both geographically and in terms of gold owned.   And the increase in participation is not just...

Gold in more than a decade up 28% through November   Gold is poised for its best annual performance in more than a decade up 28% through November. Behind this, central bank and investor buying have more than offset a notable deceleration in consumer demand.   Asian investors have been a near constant presence, while lower yields and a weakening US dollar in Q3 fuelled Western investment flows. However, it is gold’s role as a hedge amidst rising market volatility and geopolitical risk that most likely explains its remarkable performance. As we look forward, all eyes are focused on what Trump’s second term may mean for the global economy. Thrill-seeking investors may benefit from an early wave of risk-on flows, but potential trade wars and inflationary forces may spill over into an expected subpar economic growth.    The market consensus of key macro variables such as GDP, yields and inflation – if taken at face value – suggests a positive but much more modest ...