GJ Town India

  Pushing US to exacerbate inflation & stymie economic growth    According to the Augmont Bullion! Gold holds steady ahead of Trump's reciprocal tariff threats! Gold prices remained stable as market investors squared their positions ahead of US President Donald Trump's sweeping reciprocal tariff plans, which they fear will exacerbate inflation and stymie economic growth. The focus is now on potential reciprocal tariffs that the US administration may impose on April 2, prompting some market concern.    In March, U.S. consumer confidence fell to its lowest level in more than four years, with households dreading a potential recession and increased inflation caused by tariffs. On the geopolitical front, the United States on Tuesday negotiated deals with Ukraine and Russia to halt their strikes at sea and against energy targets, with Washington agreeing to attempt to lift certain sanctions against Moscow. Considering the Technical Triggers, Gold has stron...

  A heart-warming, first-of-its-kind Second Ear Piercing   De Beers Group, the world’s leading diamond company, will support diamond jewellery retailers in driving demand for natural diamond jewellery by showcasing a new gifting occasion in the lives of young consumers – the second ear piercing, which is an intrinsic part of India’s traditional culture and modern rituals.   De Beers is introducing a heart-warming ‘Love, From Dad’ collection as part of the Second Ear Piercing Ritual program. The collection highlights the unique and irreplaceable bond between fathers and daughters — one as rare, precious, and enduring as a natural diamond.   To amplify this concept nationally, De Beers Group has integrated the program into its partnership with the Gem & Jewellery Export Promotion Council (GJEPC) through the Indian Natural Diamond Retailer Alliance (INDRA), launched earlier this year. Retailers can register to participate in the alliance at, www.indraonl...

  A pair of unique earrings that can be worn in three different ways!   Women are taking up multiple tasks effortlessly and as they move fluidly between their professional, social, and personal roles, they need jewellery to keep up with their dynamic lifestyles.    These strong, independent, multi-tasking trailblazers seek variety, adaptability, and elegance in every versatile piece of diamond jewellery they own. Divine Solitaires’ innovative Three-Way Wearing, earnings tick off all these boxes and more, offering modern women the choice of accessorising their outfits with a pair of earrings that can be worn in three different ways.   Each pair offers multiple styling possibilities to match changing moods, outfits, and occasions. The best part? You don’t need to spend on several purchases to achieve your dream look. So, when you can have a pair of classic solitaires, a bold statement piece, and chic dangling earrings all in one, why buy all three sepa...

  IIJS Tritiya 2025 conclude with a silver line for the trade!    Update 2- Moving right with the inaugural: The 3rd edition of IIJS Tritiya 2025, India’s 3rd largest and most comprehensive B2B jewellery show, organized by the Gem & Jewellery Export Promotion Council (GJEPC) opened at the Bangalore International Exhibition Centre (BIEC) from 21st to 24th March 2025.   M.B. Patil, Hon’ble Minister of Large & Medium Industries and Infrastructure Development, Government of Karnataka, inaugurated IIJS Tritiya 2025 along with Dr. Sharavana TA, MLC, Karnataka; BA Ramesh, Joint Managing Director, Thangamayil; A.B.S. Sanjjay, Managing Director, AVR Swarnamahal Jewellery Ltd.; Kirit Bhansali, Chairman, GJEPC; Nirav Bhansali, Convener, National Exhibitions, GJEPC; Mahendra Kumar Tayal, Regional Chairman (South), GJEPC; Dr. Chetan Kumar Mehta, President- Jewellers’ Association Bengaluru, and Sabyasachi Ray, Executive Director, GJEPC along with others.    ...

  Secured for leadership, innovation, transparency & more…   Augmont Enterprises Pvt. Ltd. and Augmont Goldtech Pvt Ltd. have been recognized for their prominent contributions to the bullion and digital gold industry at the 10th India International Bullion Summit (IIBS), hosted by the India Bullion and Jewellers Association (IBJA). The group secured honors across four key categories, reaffirming its leadership and commitment to innovation, transparency, and proficiency in the sector.   Augmont’s Award-Winning Achievements:  1: Best Bullion Dealer - Gold: Augmont Enterprises Pvt. Ltd. received this award for its market leadership, trust, and transparency in the gold bullion trading ecosystem. The company has been providing seamless bullion trading experiences, ensuring reliability and efficiency for traders and investors. 2: Best OTT Platform: Augmont Goldtech Pvt. Ltd. was recognized for its noteworthy digital gold investment platform, which enables investors to ...

  NDC launches a new flagship report in the series    “We continue our report series with an immersion into the second-largest diamond producer in the world. The in-depth analysis shares key figures and details on how natural diamonds have underpinned Botswana’s rise from the third-poorest country in the world to a vibrant, middle-income country. Today, Botswana is home to many skilled workers whose families benefit from largely free education, universal healthcare and paved roads as well as game parks and protected lands for Botswana’s wildlife” said Natural Diamond Council (NDC).    Natural diamonds make up a third of Botswana’s fiscal revenue, 80% of its exports, and account for a quarter of the country’s GDP. The report further shares how the diamond industry remains a force for good in Botswana, set up to deliver long-term, sustainable prosperity, facilitated by fair governments and collaborative, community-minded partners.  Key Highlights of t...

  Yet, GJEPC endeavour to chase the big export target!     The overall gross export of Cut & Polished diamonds at US$ 1362.67 million (Rs. 11860.71 crores) in month of February 2025 is showing a decline of 20.2%(-16.260% in Rs. Term) as compared to US$ 1707.62 million (Rs. 14164.1 crores) for the same period of previous year.   The overall gross Imports of Cut & Polished diamonds at US$ 120.03 million ( Rs. 1044.59 crores) in month of February 2025 is showing a decline of 7.97% (-3.47% in Rs. term) as compared to US$ 130.43 million (Rs. 1082.17 crores) for the same period of previous year. The overall gross Imports of Cut & Polished diamonds in DTA at US$ 17.82 million (Rs. 155.1 crores) is showing a Growth of -56.78(-54.66% Rs. term) as compared to US$ 41.23(Rs 342.1 crores) for the same period of February 2025.   The overall gross Imports of Cut & Polished diamonds in SEZ at US$ 102.21 million (Rs. 889.49 crores) is showing a Grow...