All India Gem & Jewellery Domestic Council (GJC) announced the 12th edition of its jewellery design competition, National Jewellery Awards (NJA). This edition will have six award segments which are further divided into 34 sub-categories, covering the entire value chain of the gems & jewellery industry. It will be judged by panel of renowned industry experts.

Saiyam Mehra, Chairman, GJC, said, “NJA 2023 will stimulate growth and facilitate progress of the gem & jewellery industry. NJA nurtures creativity and honours innovation while showcasing the best of India. It inspires passion, craftsmanship and devotion to the art and science of ‘Make in India’ jewellery manufacturing and retailing.”

The grand finale of NJA will be held on 1st October 2023 in Mumbai.

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Over 1,00,000+ Unique Designs to add Sparkle to the Grand 15th edition of Hyderabad Jewellery Pearl & Gem Fair (HJF) by Informa Markets in India.

● A three-day glittering trade extravaganza for India’s leading jewellers in the City of Pearls at the HICC Novotel Hyderabad
● 15 years of legacy and trust being celebrated with a strategic alliance between Informa Markets in India and key associations – HJMA and IBJA
● Over 650 brands, 8,000 plus professionals, after-hours networking, fashion show and a power-packed conference will add glitter to the show

The Hyderabad Jewellery, Pearl and Gem Fair (HJF 2023), the most awaited and premium jewellery trade show of South India, will be back in the city of Pearls in its 15th milestone edition. The turnkey exhibition will be held between the 9th – 11th of June 2023 at HICC, Novotel, Hitech City. HJF 2023 will exhibit the finest artisanal collections combining trends and tradition by bringing in the top most jewellers, industry experts, import and export merchants, and industry associations in the City of Pearls. The flagship show, organised by Informa Markets in India, India’s leading B2B exhibitions organiser, will be held in association with Hitech City Jewellery Manufacturers Association (HJMA) and, for the first time, India Bullion and Jewellers Association (IBJA).

Speaking on the participation at and partnership with HJF, “Mr. Mahender Kumar Tayal, President, Hitech City Jewellery Manufacturers Association (HJMA), Hyderabad, said, “We HJMA are official supporters and partners of HJF 23. HJF 2023 plays a very important role in the jewellery industry and this is South India’s biggest show for studded jewellery. We have seen tremendous growth in HJF, and is doing wonders in last 15 years. Whoever visits the show takes back a lot of leads and business opportunities. We all are excited to showcase our latest collections, and we encourage all to register, visit & bring their business to newer heights”

“We are pleased to partner with Informa Markets in India,
the world leader in organizing jewellery exhibitions
and HJMA on the occasion of the 15th edition
of the show. This partnership will strengthen the
business and networking relations
between us and generate an opportunity for
members to procure the best deals in this dynamic
market. I request everyone to avail and leverage the
maximum benefit from this opportunity to grow their business”.

Commenting on the maiden association with HJF, Chetan Kumar Mehta – National Vice-President, India Bullion and Jewellers Association Ltd. (IBJA) said, “We are pleased to partner with Informa Markets in India, the world leader in organising jewellery exhibitions and HJMA on the occasion of the 15th edition of the show. This partnership will strengthen the business and networking relations between us and generate an opportunity for members to procure the best deals in this dynamic market. I request everyone to avail and leverage the maximum benefit from this opportunity to grow their business”.

HJF will showcase over 650 traditional, modern and innovative exclusive brands with over 1 Lakh unique designs. Over 250 top exhibitors will participate this year, comprising jewellery brands, fine finished Jewellery manufacturers, wholesalers, retailers, importers and exporters, jewellery manufacturers, machinery manufacturers, diamond, gemstone, loose stones and pearls manufacturers, precious metal and jewellery mounting traders, packaging and display, hallmarkers, assayers and representatives from trade and government bodies. The three-day fair will forge strategies, explore technologies, and evaluate policies defining the future of the Gem & Jewellery Industry in India. The show will also see participation from Indian cities such as Mumbai, Telangana, Tamil Naidu, Delhi, Gujarat etc. As a precursor to the event, HJF also held road shows, and Association meets in various cities such as Karimnagar, Vijayawada, Guntur, and Warangal. The show shall connect jewellers in around 80 cities across Telangana and Andhra Pradesh.

Speaking on the announcement of the much-awaited Hyderabad Jewellery, Pearl and Gem Fair 2023, Mr. Yogesh Mudras, Managing Director, Informa Markets in India said, “The gem and jewellery industry is a dynamic and growing one. India is the second-largest gold consumer in the world, and its gems and jewellery sector is one of the largest. In 2022-23, the industry’s exports reached Rs 3,00,462.52 crore ($37,468.66 million), a 17% increase in plain gold jewellery exports, with India’s main export markets in the USA, Hong Kong, and UAE. With our global footprints and a deep understanding of the pulse of the market garnered meticulously over 15 years, the HJF, in this milestone year and with consolidated partnerships, is poised to showcase the immense growth potential and trends of the industry. It will provide a wholesome umbrella for jewellers, import & export merchants, and industry associations to connect with one another and explore new solutions and opportunities. We are confident that the 15th edition of the HJF will be a great success and will contribute to the sustained development of the Gems and Jewellery sector, especially in the South of India,” he added.

Announcing the launch of the 15th edition of HJF, Pallavi Mehra, Senior Group Director, Informa Markets in India, said, “I am delighted to associate with India Bullion and Jewellers Association Ltd. (IBJA), one of the esteemed and growing associations of India. Our association with Hitech City Jewellery Manufactures Association (HJMA) over a period of 15 years and strategic partnership with IBJA will help us serve the gems and jewellery industry more effectively. I am confident that the expertise received from these dynamic associations will give new business aspects to Hyderabad Jewellery Pearl and Gem Fair 2023 and benefit the industry.”

The Gems and Jewellery community will witness an exclusive evening event on Day 1 with The Power of Young that celebrates the achievements of young jewellers pertaining to South India’s Gem and Jewellery community, followed by a glamourous fashion show showcasing the seasonal trends by top exhibitors and a networking night. Over 8,000 visitors, including wholesalers, retailers, importers, Design houses, Jewellery manufacturers sourcing gold, diamonds, pearl, silver, gemstones, independent retailers and business owners will be visiting the show.

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Sussanne Khan‘s The Bind Runes were recently introduced in Kolkata at the flagship location of Sawansukha Jewellers. Sussanne is the creative force behind the line, which is modern, vivid, and carefully made with precious stones, enamel detailing, and diamonds to give each piece an edgy appeal. This is Sussanne‘s first foray into jewellery designing.

It is made for modern ladies and includes accessories like stackable bracelets, earrings, chains, and rings to help them feel strong from within.

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The Botswana Diamond Manufacturer Association (BDMA) has partnered with the Natural Diamond Council (NDC) to support the natural diamond industry and bring awareness of the Botswana diamond manufacturing industry to the market. world. BDMA was founded in 2007 and is the voice of the diamond cutting and polishing industry in Botswana. Its role is to work with the government and other authorities to create a favorable business environment for members and stakeholders in the diamond industry in Botswana.

David Kellie, CEO of NDC, said: “Botswana is an important location in the natural diamond industry. We look forward to this partnership allowing us to share the values ​​of the Botswana diamond industry more widely with the world. Last year, we visited our Global Ambassador, Lily James, where we witnessed the impact diamond makers have had in bringing skills and jobs to Botswana, particularly in Botswana for young people and people with disabilities.

Siddarth Gothi, President of BDMA, said: “With so many stakeholders and industry powers coming together to make strategic investments in the industry, we wanted to ensure that Botswana‘s diamond fabrication expertise is shared. worldwide and we believe that the Natural Diamond Council can do just that. We have worked with De Beers and other key members of the NDC for many years and are excited to take the next step to strengthen this relationship with the industry.

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The Italian Trade Commission in Houston (ITA Houston) has launched a new campaign to support the Italian jewelery sector in the United States, with the Italian Pavilion at JCK Las Vegas with nearly 100 jewelers and 36 Italian jewelers at the Couture Fair.

Introducing the exhibitors of This campaign aims to connect Italian jewelery manufacturers and suppliers with US retailers and wholesalers, one of the world’s leading markets for Italian jewelery exports. 

As part of the campaign, ITA Houston will also launch a new website to facilitate business relationships and promote high-quality Italian craftsmanship in the US market. The state-backed agency will work with major media outlets and Instagram users, including celebrity influencer Katerina Perez, to promote the “Made in Italy” brand.

The Italian jewelry industry, consisting mainly of small and medium-sized companies, will achieve a turnover of 10.8 billion euros in 2022, an increase of 20.8% year-on-year, with exports exceeding 9.8 billion euros, higher than pre-Covid levels, according to ITA Trade Commissioner Fabrizio Giustarini.

The goal of the campaign is to educate and inform buyers about the latest innovations, technology, design trends and craftsmanship in Italian jewelry. The Italian Trade Delegation’s multifaceted campaign promises to generate a lot of media attention at the upcoming couture shows and JCK Las Vegas, using all social media tools. Associations include Instagram and Twitter. 

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As investors sought refuge from the economic unrest and prepared for the U.S. inflation report to provide clues about the direction of interest rates, gold prices rose on Tuesday.

U.S. gold futures closed 0.5% higher at $2,042.90, while spot gold in the US market increased by 0.8% to $2,036.56 per ounce.

Gold price rises as markets seek risk safety amid fears of a US default, especially after the first rounds of protracted debt ceiling negotiations among US politicians come to a standstill.

China‘s admission that manufacturing activity had stalled was another factor that increased demand for gold. Exports and imports decreased from 14.8% to 8.5% in April and from -1.4% to -7.9%, respectively, according to the trade balance for the month.

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According to a statement issued on May 9th, Sarine Technologies Ltd. has finished the acquisition of Gem Certification & Assurance Lab (GCAL). By combining GCAL‘s quality procedures and Sarine‘s cutting-edge technologies, the acquisition opens the door to tremendous growth prospects both domestically and internationally.

The skilled management team from GCAL will be in charge of the combined firm, GCAL USA LLC, and will keep a sizable stake in it as part of the agreement.

In these times of geopolitical upheaval, quick, precise, consistent, and efficient grading—as well as optional provenance data—are crucial, and the combination is anticipated to give the US and other markets a much-needed solution. The companies hope to expand their grading services globally by utilising Sarine‘s cutting-edge AI grading technology.

70% of GCAL USA LLC will be owned by Sarine, for a total cash transaction price of $5.65 million USD. Without accounting for additional immediate cost savings of an estimated US$ 0.5 million per year or possible cost reductions of up to an additional US$ 0.5 million per year, the merger is anticipated to boost the Group’s profitability by about 7% on a proforma basis based on 2022 results.

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As the business enters its next stage of expansion, Mikoto, a sterling silver and semi-precious jewellery line by FS Life, has finished an ambitious rebranding campaign. The change from semi-precious to exquisite silver jewellery under the new name March lies at the heart of this rebranding. a superb silver jewellery company that offers well-made pieces at reasonable costs.

After engaging with clients through Mikoto, FS Life identified the need to introduce silver jewellery that speaks to the demands of modern women for both casual and formal wear. Additionally, learning how to accessorise successfully was shown to be a key element. Consequently, March was developed, a company that not only sells high-quality silver jewellery but also instructs consumers on how to style and wear it. March‘s product ethos centres on turning classic jewellery into an accessory for casual and formal wear that is cosy, simple to wear, and reasonably priced. The brand’s design philosophy is “Minimally Maximal,” where each piece emits the boldness of silver in a unified, exquisite form. Each piece is made with convenience and comfort in mind thanks to the ergonomic design, which includes adjustable rings and earrings with posts that don’t hurt while you take a call.

The modern woman who embraces her femininity, is stylish, and enjoys playing with fashion to make it her own is catered to by March. Silver jewellery from March lends the perfect amount of elan to every situation, whether it’s a first date or a fierce Instagram shot.

A Certificate of Authenticity for Silver is included with each item of jewellery from March, demonstrating that the brand upholds quality standards during every phase of manufacture. Without sacrificing its value, March wants to transform silver jewellery from a valuable collectible into a commonplace accessory.

“Our goal is to make buying jewellery simple for ladies. According to March‘s founder, Ayushi Gudwani, we want to arm customers with information and provide them with fine silver jewellery that suits their casual-to-formal attire preferences.

Mikoto was introduced in February 2022 and has expanded significantly during the last 12 months. On their website, March is already for sale, and they’re getting ready to open retail locations across the nation.

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The Silver Institute‘s Executive Director, Michael DiRienzo, thinks there is still a lot of room for silver prices to increase. To replicate the high levels reached in 2022, when silver demand reached 1.24 billion ounces, will be difficult. However, DiRienzo projects a 4% increase in industrial demand and a 3% increase in demand from the electronics and electrical industries.

With a 7 percent increase in the year’s first five months, silver prices have been rising in 2023. Low inventories at the COMEX and London Bullion Market Association are mostly to blame for this price increase.

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The BIJC Collective will be introduced at JCK Las Vegas from June 2–5, 2023, by the Black in Jewellery Coalition (BIJC), a nonprofit organisation devoted to the promotion of Black professionals in the gem, jewellery, and watch industries. The opportunity to interact with six Black-owned businesses displaying jewellery and loose gemstones will be available to attendees.

According to BIJC President Annie Doresca, “The BIJC Collective gives opportunities for emerging and established Black designers to showcase their incredible talent at trade shows, events, and retail stores.” We established the BIJC Collective at JCK Las Vegas in 2022, and with the help of the JCK Industry Fund, we were able to accomplish this feat twice.

The brands that make up the BIJC Collective 2023 can be found at booth 10042 at JCK Las Vegas.

Dorian Webb, which she developed and designed, produces items with purpose to honour women, promote African American culture, and enhance the beauty of connection. The company is based in Oakland, California, and is known for its precious and semi-precious stone patterns set in sterling silver and 18k gold.

Ola Erogbogbo founded the international high-end fine jewellery brand Deinté, which had its American debut in 2021. Deinté, pronounced “Dainty,” draws its inspiration for each piece in its American line from a place of grace, beauty, fine craftsmanship, and thoughtful designs. Each item in Deinté’s U.S. collection, created for the discriminating eye, is inspired by the wish to spread beauty throughout the world.

James McCullar is the owner and designer of James Mack Fine Jewellery, which uses diamonds that are responsibly sourced and is inspired by the architecture of prestigious boats, cars, and large cities. All of the designs are distinctive and cutting-edge as a first-generation jeweller to set them apart from the competition.

Jeffery and Christian Bolling founded KuQala Diamonds, a unique South African diamond and jewellery brand that cares about the people as well as the land.

Kealeboga Pat Pule is the owner of the custom diamond jewellery store Nungu Diamonds.

The foundation of Simone I. Smith, which he built and created, is strength, honesty, and elegance. One of Simone’s well-liked partnerships is her gorgeous collection with Mary J. Blige. The most recent Men’s collection honours 50 Years of Hip Hop with Simone I. Smith and pals and features her husband and brand ambassador, LL COOL J.

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