Posts

HSJ designs special collections for Shree Ram Lalla

Image
IGI certifies Shree Ram Lalla jewelry   The historical inauguration of Ram Mandir temple was an auspicious event in Ram Janmabhoomi on 22nd January, 2024. The grand inauguration of the Ram Mandir temple was a momentous occasion that left everyone spellbound.   The exquisite gold & diamond jewellery collection worn by Ram Lalla, the child deity of Lord Ram, stole the show with its intricate and stunning designed by HSJ, who holds a 130-year-old legacy of designing special collections & certified by International Gemological Institute (IGI), a global third-party authentication body. Shree Ram Lalla's jewellery collection boasts a beautiful Mukut evam pankhi made of pure yellow gold, decorated with diamonds, emeralds, and rubies. The peacock, our national bird, signifies royalty, while the emerald in the center represents wisdom & exudes luxury and grandeur & weighs around 2kg.    The Tilak, a symbol of protection for Lord Ram, features a dazzling 3-carat diamond

Grand Pran Pratistha of Bhagwan Shree Ram celebration at BDB

Image
  BDB complex transformed into a Sea of devotion and festivity   Bharat Diamond Bourse, the World's Largest Diamond Trading Centre, witnessed unprecedented celebrations on the occasion of the Pran Pratistha of Bhagwan Shree Ram. The entire BDB complex was transformed into a Sea of Devotion and Festivity, unlike anything ever seen before.   Electrifying at BDB: From the morning itself, the air at BDB crackled with excitement. Instead of rushing to their Offices, Diamond Merchants and staff thronged the BDB grounds, eager to participate in the grand procession. Led by the BDB Security's in-house Band and resounding chants of Jai Shree Ram, the procession snaked its way through the complex, infusing every corner with a palpable energy.   A Moment of National Rejoicing: The Pran Pratistha of Bhagwan Shree Ram held immense significance, not just for the BDB's primarily Jain and Hindu community, but for the entire nation. Members expressed their heartfelt gratitude to Prim

Platinum recycling is expected to grow 7% in 2024

Image
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 2024 the

Changing Rural Consumer Dynamics

Image
  Rural economy drives gold market evolution   India’s Gold Market Reform and growth encouragingly, the rural economy itself is changing. In 1993, rural areas contributed less than 30% to manufacturing output. By 2011, the time of the last census, that percentage had increased to 51.3%. A continuation of this trend could deliver meaningful change, particularly in conjunction with recent government policies.   Online marketplaces and improving infrastructure are changing consumer aspirations and logistical capabilities. This could dilute the sharp division in consuming and investing habits between rural and urban consumers in the coming years. Taken together, they could engender a period of sustained recovery for the rural economy, driving GDP growth and consumer spending across India.   There could also be considerable consequences for India’s gold industry, as rural households still account for a majority of India’s gold demand. Sustained growth in rural incomes may therefore fo

Reviving dormant jewelry pieces

Image
Poonam Soni crafts beyond trends   Poonam Soni's brand strides into 2024 with a focus on sustainability and vibrant expressions. Intriguingly inspired by George Orwell's Animal Farm, their Animal Farm Revived collection reflects quirky pendants.  Additionally, a pioneering move toward sustainability features man-made diamonds, tinted in pale pink and blue hues, reshaping the future of jewelry crafting and setting new trends.   The brand’s anticipated multi-colored jewelry with fusion motifs promises to be the highlight, blending classic diamonds and gold with vibrant shades. In 2024, jewelry isn't merely an accessory but a manifestation of evolving tastes and sustainable practices, embracing opulence while reinventing traditions.   Beyond trends, a remarkable shift emerges in reviving dormant jewelry pieces. Metamorphosis takes center stage, where unused jewels are skillfully remodelled, introducing novel elements without melting, presenting a cost-effective way to cr

Vipul Shah, the most influential in global diamond industry

Image
People of the Year 2023 released for global diamond industry   The world’s most influential and most read diamond-focussed publication Rapaport named Hon Prime Minister of India Shri Narendra Modi among the movers and shakers of the global diamond industry in the year 2023. Other members including Vipul Shah, Chairman, The Gem & Jewellery Export Promotion Council (GJEPC).   Gina Drosos, CEO, Signet Jewelers; Feriel Zerouki, president, World Diamond Council (WDC); Mokgweetsi Masisi, president, Botswana; Gabi Tolkowsky, Belgian diamond cutter;   were at the forefront hailed by Rapaport the most powerful/ influential people in the world to shape the future of the diamond industry.   Our People of the Year, reflect the realities of 2023, said Rapaport in its foreword. Some of these individuals were directly involved in solving the industry’s acute problems — facilitating India’s freeze on rough imports, for example, or identifying ways to adapt retail strategy to the situation.  

Senco Gold & Diamonds Launches Special Jewellery Line to Commemorate Ram Mandir Pran Pratistha

Image
 Honoring Ram Mandir Inauguration: Senco's SiyaRam Collection - A Timeless Expression of Love! Senco Gold & Diamonds, the pan India jewellery retailer with a legacy of eight decades, has announced the launch of a special 'SiyaRam Collection' in honour of the Ram Mandir inauguration in Ayodha (Ayodhya) on January 22.  This collection pays tribute to the enduring bond of devotion between Ram, Sita, Lakshman, and Hanuman, and celebrates the upcoming temple, set to be a beacon of cultural, spiritual, and social unity during the sacred "Pran Pratistha" of Lord Ram. The contemporary and meticulously crafted, SiyaRam Collection comprising beautiful pendants; necklaces; and earrings, pays homage to Ram as the ideal leader, Sita as the ideal wife, Lakshman as the ideal brother, and Hanuman as the ideal worshipper, embodying virtues that transcend time.  Its intricate designs perfectly capture the grandeur of Ram Mandir, commemorating the legendary moment of Ram and Sit