GJ Town India

Amid headwinds Platinum deficit of 353 koz in 2024! Recently, World Platinum Investment Council (WPIC), published Platinum Quarterly data set, which examines activity in the third quarter of 2023. It also includes a revised estimate for full-year 2023 and a first forecast for 2024. Independent analysis is provided by our research partner, Metals Focus.      The Foreword to the report provides an overview of supply and demand developments in the platinum market, as well as our view on issues and trends relevant to considering exposure to platinum as an investment asset. Key takeaways from the report are; 1: Platinum deficit of 353 koz forecast for 2024, with this year’s estimated deficit to reach a record 1,071 koz. 2: Both mining and recycling supply expected to be well below pre-Covid levels in 2023 and 2024 3: Automotive demand continues to strengthen, up 14% this year, with a further 2% increase expected next year 2023 will see the highest industrial demand on record, with ...

India platinum market size is of 228koz in 2019 Platinum Guild International (PGI) recently published its Platinum Jewellery Business Review, 2020-Web presentation under the heading of: Tectonic shifts: How the world is moving and jewellery demand is responding! The report presented by Huw Daniel, Chief Executive Officer- Platinum Guild International-PGI.   The presentation says about shifts accelerated by Covid-19, making programmes built around them key to recovery. As a key insight, under the Digital consolidation it said, the consumer journey is no longer a straight line!  Digital is not a channel; it is a key ingredient to the consumer experience, linking engagement to purchase – wherever both occur. Social distancing and lock-downs have made this even more of a priority. Another insight, focussed is Branding & Storytelling and said, marketing cannot improve generic products. Collections that have been developed with the consumer in mind and te...

Priyanka Chopra and Gigi Hadid Wearing Necklaces from Born Brand in NY City Priyanka Chopra and Gigi Hadid looked stunning in Platinum necklaces from the newly launched “Platinum Born” brand while out in New York City on September 4th and 5th. Priyanka Chopra at the US 2018 US Open Tennis Championships on September 4th Style: Platinum Born’s Star Light necklace, Description: This platinum necklace is assembled by hand and features the delicate beauty of petal-like chains. It can be worn as a 3-strand layered look (as Priyanka Chopra is wearing it) or as a double stranded, longer necklace. Gigi Hadid walking around New York City on September 5th Style: Platinum Born’s Eclipse necklace Description: This entirely platinum necklace has a diamond-like shimmer with its brilliant-cut platinum beads that grace the neckline. Its adjustable length also allows it to be worn as a choker or layered with other pieces as seen on Gigi Hadid. The Pl...

Platinum Jewellery Market Floating in India & US Platinum jewellery in India drastically outperforms gold and diamond jewellery Platinum Guild International (PGI) has published the Q2 edition of the Platinum Jewellery Business Review (PJBR). The report provides an in-depth market update of platinum jewellery's performance in the second quarter across the biggest consumer markets China, India, Japan and the US. Highlighted topics include: 1: Why demand growth for platinum jewellery in India drastically outperforms gold and diamond jewellery 2: How the current price has helped a mature platinum jewellery market continue to grow in the US 3: What is needed in China to return the market to growth and what is behind recent change of sentiment 4: How demand in Japan has sustained positive growth despite an ageing consumer base   “As the second biggest use of platinum, the jewellery market is critical to the future success of the platinum industry...