GJ Town India

  The flagship programme drove strong momentum and renewed Update 2: The Awards were presented across Four categories  to retailers and also recognised Manufacturers from across the country, as follows: RETAIL AWARDS MANUFACTURING AWARDS   CHAIN STORES   Award Category: Best Chain Store – Platinum Sales | East Winner: Senco Gold & Diamonds Runners-up: Malabar Gold & Diamonds Award Category: Best Chain Store – Platinum Sales | National Winner: GRT Jewellers Runners-up: Malabar Gold & Diamonds, Senco Gold & Diamonds Award Category: Best Chain Store – Platinum Sales | South Winner: GRT Jewellers Runners-up: Joyalukkas Award Category: Best Chain Store – Platinum Sales | West Winner: Tanishq Runners-up: ORRA Award Category: Best Chain Store – Platinum Sales | North Winner: Tanishq Runners-up: Kalyan Jewellers INDEPENDENT STORES Award C...

  The flagship, Platinum Season of Love Awards 2025 announced   Update 1: Building on the momentum of its previous editions, Platinum Guild International (PGI)- India marked the successful culmination of the 7th edition of its flagship retail initiative, Platinum Season of Love, with a celebratory awards ceremony in Kochi.   The Platinum Season of Love Awards 2025 were hosted as part of the annual Platinum Buyer-Seller Meet, PGI India’s premier industry platform. The event brought together leading manufacturers and retailers from across the country, united by a shared vision to expand the platinum category. The awards celebrated retail and manufacturing partners who delivered exceptional performance and contributed meaningfully to the category’s continued growth.   Running from 25th April to 31st May 2025, the Platinum Season of Love 2025 aimed to energise the trade and boost consumer demand of platinum jewellery during the period. With support from over...

  Alrosa suspends diamond mining at Anabar valley in Yakutia    Alrosa suspends mining at the Verkhne-Munskoe deposit in Yakutia from June 15, the Russian diamond miner informed. The company already halted mining in placer deposits in the Anabar River valley in Yakutia from April 1.    Temporary suspension of mining in the deposits will be performed in the hot preservation mode, Alrosa said. The company will continue maintaining the infrastructure of facilities in full scope, making it possible to promptly bring them on stream again as the global diamond market recovers. focussing on the Joint venture of Alrosa, ZCDC continues exploration in Zimbabwe, Alrosa said, the joint venture of the Russian diamond miner Alrosa and the Zimbabwe Consolidated Diamond Company (ZCDC) continues exploration in Zimbabwe, head of Alrosa’s international cooperation department Pyotr Karakchiev told reporters on the sidelines of the St. Petersburg International Economic Forum...

  Gold holds key support in record year!    Jordan Eliseo, GM- ABC Bullion Australia said, Gold holds key support in record year for precious metals! Gold prices held above key support this week -23 June to 27 June, 2025, after a brief but notable sell-off driven by market perceptions that the recent hostilities in the Middle East will not meaningfully escalate.    Last trading at USD $3,326 and AUD $5,082 per troy ounce (oz), gold is on track to deliver one of its strongest financial year gains on record, with the price up by 42% (in USD terms) and 45% (in AUD terms) since 30th June 2024. Silver is also on track to record one of its strongest years, last trading at USD $36.83oz and AUD $56.27oz, with silver rallying by 25% (in USD terms) and 28% (in AUD terms) since the end of the last financial year. Despite the strong gains over the past twelve months, and the various catalysts driving precious metal demand, there seems little sign of euphoria in pre...

  GJEPC Chairman inaugurated Kerala's jewellery Expo   GJEPC Chairman, Shri Kirit Bhansali, was invited as the Chief Guest at the inauguration of the Kerala Jewellery International Fair (KJIF) 2025, held at the Adlux International Exhibition & Convention Centre, Angamaly, Kochi, on 27th June 2025. The show curtain will be opened up to 29 June, 2025.    KJIF 2025 is Kerala's premier B2B jewellery trading and sourcing platform that brings together India’s top and renowned jewellery manufacturers and technology service providers under one roof.  They will showcase their latest designs, products and technology to retailers, wholesalers, and dealers from India’s largest jewellery market to meet, connect, network and grow their businesses. Organized by the Kerala Gold & Silver Merchants Association and United Exhibitions.    Bhansali’s presence at the event reflects GJEPC’s continued efforts to support regional industry platforms and engage ...

Magnificent Jewels sales that achieve US$87.7 million    Christie’s reaffirms its leadership in the global jewelry market with today’s historic Magnificent Jewels auction. A packed salesroom of collectors fueled fierce bidding in person, on the phone, and online for the sale's legendary stones and storied treasures, which offered celebrated provenance, unparalleled quality and rarity, and timeless glamour. The sale was 100 percent sold by lot and achieved a total of $87.7 million.    At the heart of the sale were two extraordinary highlights: The Marie-Thérèse Pink, a rare 10.38-carat kite-shaped fancy purple-pink diamond, mounted by JAR and wrapped in the mystery and romance of the French Royal family, achieved $14 million and set a new world auction record for a JAR jewel. The Blue Belle, a mesmerizing 392.52 carat Ceylon sapphire of royal grandeur and luminous intensity sold for $11.3 million. Colored gemstones drew significant attention and interest, setting the ...

  Platinum investment demand likely to decline by 2% YoY    According to the Platinum Quarterly, Q1 2025; published by World Platinum Investment Council [WPIC] said about the Platinum Investment demand Outlook for the 2025. The report said, total investment is set to decline by 2% year-on-year to 688 koz in 2025.    Retail investment is forecast to partially recover by 30% (+58 koz), albeit to just a two-year high of 252 koz. This reflects further gains in China and a modest recovery in North America. By contrast, Japan is set for a second year of net disinvestment. North American demand is forecast to regain some of the ground lost in 2024, with a forecast 18% lift this year. This reflects a relatively decent start to the year from those investors attracted by the record discount to gold, in spite of the overall weakness in North American precious metals retail investment.    Even so, this forecast is subject to considerable uncertainty as mos...