The Art of Jewellery - August 2023

In this issue

GJEPC’s IIJS Premiere 2023 held at two venues simultaneously, generates highest-ever business of over Rs. 70,000 crore: A resounding Success!

GJEPC’s IIJS Premiere 2023 held at two venues simultaneously, generates highest-ever business of over Rs. 70,000 crore. IIJS Premiere 2023 continues to impress with its remarkable statistics and impressive offerings, bringing together the world’s gems and jewellery industry in a dazzling extravaganza that showcases the very best in craftsmanship, innovation, and global connections.

The World Gold Council’s latest Gold Demand Trends report reveals that gold benefited from record central bank buying in the first half of the year and was supported by healthy investment markets and resilient jewellery demand. Gold demand (excluding OTC) dropped by 2% y/y to 921t during Q2, although total demand (inclusive of OTC) was up 7% y/y, pointing to a solid gold market globally.

Second quarter central bank demand was down y/y to 103t, primarily driven by net sales in Turkey due to country-specific political and economic circumstances. However, central banks bought a first half record amount of 387t, and quarterly demand is in line with the longer-term positive trend – indicating that official sector buying should remain strong throughout the year.

'Expect gold price to be significantly higher next year'- David Tait, Chief Executive Officer, World Gold Council

World Gold Council, Chief Executive Officer, DAVID TAIT believes gold will continue to shine. During his visit to Kolkata for the India Gold Conference, he spoke in a video interview to Ishita Ayan Dutt on a wide range of issues, including the selfregulatory organisation (SRO), gold demand and prices.

4 mins

Commerce Secretary Sunil Barthwal engages with International Delegates, GJEPC board at IIJS Premiere, world's second largest Gem and jewellery trade fair in Mumbai

Sunil Barthwal, Commerce Secretary, Department of Commerce, visited IIJS Premiere on 6th August at JWCC and NESCO, where he engaged in discussions with international delegations from several countries as well as the GJEPC Committee of Administration (CoA).

1 min

GJC unveiled the 'Limited Edition Silver Coin' to commemorate ‘Amrit Mahotsav' at IJSF

GJC intends to establish India as a Jewellery Tourism Hub and organises the country's first India Jewellery Shopping Festival to boost the jewellery sector

2 mins

SGL opens State-of-the-Art Diamond Certification Experience Centre at BKC

SGI GL, proudly announced the inauguration of its State-of-Art Diamond Certification Laboratory on 1st August, 2023.

1 min

Unveiling the New Collection: 'Men of Platinum' - Inspiring Men Who Lead with Values!

Platinum Guild International (PGI), India's Men of Platinum, proudly continues to celebrate the indomitable Platin spirit of men of character.

1 min

Sudha Reddy unveils Shiv Narayan Jewellers' new masterpiece 'Shri Ananth Padmanabhaswamy' in Hyderabad

Shiv Narayan Jewellers held an exclusive unveiling (16th August) of their latest masterpiece, 'Shri Ananth Padmanabhaswamy.

1 min

Zoya's new brand film with Sonam Kapoor-Ahuja celebrates being yourself

Zoya, the exquisite diamond boutique from the House of Tata, presented a new brand film to launch its new autograph collection - My Embrace, that powerfully depicts the brand's philosophy of finding innate joy in being your most authentic self.

1 min

Kirtilals launched the exquisite IKAT Collection: Where Timeless Elegance Meets Artistry of Indian Weavers

Renowned for its unparalleled craftsmanship and timeless beauty, Kirtilals, a distinguished name in the world of fine jewellery, launched the exquisite IKAT Collection across all showrooms recently.

1 min

GRT Jewellers launches new stunning campaign for its wedding & celebration collection

Now with its exquisite and most prestigious Wedding and Celebration collection, GRT paints an insightful yet poetic picture of Indian weddings, both with their jewellery and their advertising.

1 min

Natural Diamond Council (NDC) and 'Made in Heaven S2' are a perfect match

The Natural Diamond Council Th (NDC) is thrilled to announce its collaboration with the highly anticipated second season of the critically acclaimed TV show 'Made in Heaven', exclusively streaming on Prime Video.

2 mins

7.50ct Lab-Grown Diamond Gifted to US First Lady

Celebrating the 75th anniversary anniversary of India's anniversary Independence, the 7.50ct round brilliant is Type IIa and displays F colour, VVS2 clarity, ideal cut quality, and 'Hearts & Arrows' craftsmanship - a category reserved for the world's most precisely cut diamonds.

1 min

Malabar Gold & Diamonds launches its first jewellery manufacturing unit in West Bengal, 10th in India

Malabar Gold & Diamonds, has launched its first state-of-the-art jewellery manufacturing facility in West Bengal.

1 min

Union Minister Piyush Goyal and French Foreign Trade Minister Olivier Becht jointly inaugurate "NAVARATAN" Exhibition at G20 TIMM being held in Jaipur

Minister of Commerce & Industry, Piyush Goyal, and Olivier Becht, Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Government of France, who are currently attending the G20 Trade and Investment working group meetings (TIMM) in Jaipur, inaugurated the \"NAVARATAN\" exhibition, which is held on the sidelines of the G20 TIMM at the Chandra Mahal, Sawai Man Singh Mahal, Rambagh Palace Hotel, Jaipur.

2 mins

Dholakia Foundation (Hari Krishna Exports Pvt. Ltd.) Awarded Philanthropy Category at The Indian Family Business Awards 2022

Dholakia Foundation, the philanthropic arm of Hari Krishna Exports Pvt. Ltd., is once again recognised for its societal contribution as the recipient of the Indian Family Business Awards 2022, Philanthropy category.

2 mins

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The Art of Jewellery Magazine Description:

The Art of Jewellery is India's No. 1 business magazine on the jewellery trade and industry. A one-stop source of cutting-edge information for the Gems and Jewellery sector, it is reputed for its focused content, high editorial standards, creative design, rich imagery and state-of-the-art printing.

Now in 14th year of publishing, it has won many awards and rich accolades for its contribution to the jewellery industry and trade. It is widely recognized by readers, advertisers, and the jewellery community as a premier magazine in the industry. It reaches quality jewellery retailers in India and overseas and has an extended reach during exhibitions and trade fairs.

The Art of Jewellery has a tremendous web and digital presence and is a pioneer in providing daily news updates on national and international happenings. AOJ Daily – E news capsule reaches more than 80,000 industry players on daily basis.