The Art of Jewellery Magazine - February 2024Add to Favorites

The Art of Jewellery Magazine - February 2024Add to Favorites

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In this issue

Championing Talent: GJEPC’s Artisan Jewellery Design Awards celebrate & honour design & craftsmanship

The World Gold Council’s Gold Demand Trends report reveals that annual gold demand (excluding OTC) fell to 4,448t in 2023, down just 5% from a notably strong 2022. When factoring in demand from the OTC markets and other sources, total demand climbed to a new annual record at 4,899t. Investment from this more opaque source of demand supported 2023’s highest annual average gold price on record.

The central bank buying streak continued on from 2022 at a blistering rate. Demand reached 1,037t last year, making it the second highest on record, down just 45t on the previous year. In contrast to robust OTC and central bank demand, ETF outflows continued in 2023, losing 244t in a third consecutive year of decline, with outflows in Europe dominating the picture.

Diamond sales were sluggish in January amid limited restocking following the holiday season. Prices of rounds continued to increase as select categories were in short supply following India’s two-month freeze on rough imports, which ended December 15. This trend will likely continue until inventories become too large. However, buyers were reluctant to close deals at these prices. US dealers mostly bought for immediate demand and not for inventory. Sales in mainland China remained slow.

Jewellery Trends For 2024

The Art of Jewellery - Trends for 2024

Jewellery Trends For 2024

1 min

Diamonds are perfect. Or are they?

Diamonds are perhaps the most coveted and romanticized gemstones in human history. Its appeal lies in its purity of provenance and its remarkable beauty. Its rarity adds to its status and value. But not all diamonds are created alike.

Diamonds are perfect. Or are they?

2 mins

Gem & Jewelry Career Center by GIA India: A Platform for Jobseekers and Employers

The allure of gems and jewellery transcends borders and cultures and has endless possibilities. Powered by GIA's mission to ensure public trust in gems and jewellery, the Gem & Jewelry Career Center by GIA India is a premier career platform and online job board exclusively for the gem and jewellery industry. Employers gain access to talented students and professionals and job seekers can explore exciting career paths within the industry.

Gem & Jewelry Career Center by GIA India: A Platform for Jobseekers and Employers

1 min

Unravelling the Surge in Demand for Men's Jewellery and Accessories

The men's luxury jewellery market is carving out its space in the global arena, poised to reach a staggering $6.5 billion by the close of 2023, as reported by Euromonitor International.

Unravelling the Surge in Demand for Men's Jewellery and Accessories

2 mins

All About Ram Lalla's Magnificent Jewellery

15 Kg of gold, 18,000 emeralds and diamonds adorn Ram Lalla's magnificent idol

All About Ram Lalla's Magnificent Jewellery

3 mins

Celebrate the month of love with Platinum Days of Love

What better way to celebrate the spirit of love than with the metal that embodies rarity, purity and preciousness platinum? This Valentine's Day, immerse yourself in the essence of love with a metal that's an eternal symbol of commitment.

Celebrate the month of love with Platinum Days of Love

1 min

If we manufacture good-quality machines and service them, India could be a manufacturing hub for entire Asia, South Asia, and the Gulf -Kranti Nagvekar Founder, KNC Services

In an exclusive interview Kranti Nagvekar, Founder, KNC Services talks about jewellery-making machines and its scope in India. She also highlights her challenges, and and perks of being a women entrepreneur.

If we manufacture good-quality machines and service them, India could be a manufacturing hub for entire Asia, South Asia, and the Gulf -Kranti Nagvekar Founder, KNC Services

3 mins

"Jewellery to me is an open canvas that I have chosen to express myself"

In the realm of jewellery, Sankesh Surana is one brand that shines as a symbol of exceptional design and craftsmanship. Showcasing a poetic blend of elegance and sophistication. Sankesh, the brain behind Sankesh Surana, gives insights into the inspiration, process, and the unique narrative woven into each piece. Sankesh Surana, Co-founder of Sankesh Surana Atelier, is an award-winning jewellery designer, an artist, a lifestyle designer, a jeweller and an educator. His exquisite creations are sure to leave you mesmerized.

"Jewellery to me is an open canvas that I have chosen to express myself"

3 mins

Jewels of Excellence: 10 Trailblazers Honoured at IIJS Signature's Hall of Fame

In a glittering celebration of excellence, the gem and jewellery industry bestowed its highest honour upon ten luminaries at the prestigious IIJS Signature Show, as they were inducted into the coveted Hall of Fame category.

Jewels of Excellence: 10 Trailblazers Honoured at IIJS Signature's Hall of Fame

2 mins

Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy: Dr. Devendra Fadnavis Dy. Chief Minister, Maharashtra during inauguration of IIJS Signature

Maharashtra's Industries Minister Uday Samant urges GJEPC to develop indigenous gem & jewellery industry in rural India

Gem & Jewellery industry will play a key role in making Maharashtra USD 1 trillion economy: Dr. Devendra Fadnavis Dy. Chief Minister, Maharashtra during inauguration of IIJS Signature

5 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).

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

1 min

IIG South celebrates 2nd year anniversary, Independence Day, and hosts grand convocation ceremony.

The International Institute of Gemology (IIG) South marks its 2nd Year Anniversary, commemorates Independence Day, and hosted a Grand Convocation Ceremony at Chancery Pavilion, Bengaluru. The event was graced by esteemed Chief Guests, Guest of Honor who added value to the occasion.

IIG South celebrates 2nd year anniversary, Independence Day, and hosts grand convocation ceremony.

1 min

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.

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

2 mins

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.

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

2 mins

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.

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

1 min

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.

7.50ct Lab-Grown Diamond Gifted to US First Lady

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.

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

2 mins

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.

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

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.

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

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.

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

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.

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

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.

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

1 min

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.

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

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

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

2 mins

'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.

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

4 mins

What Your Customers Need To Know About Lab Grown Diamonds

As a retailer, when selling lab to be able to disclose all the facts about them in order to help your customer make an informed purchase, and avoid risking your business in the long run

What Your Customers Need To Know About Lab Grown Diamonds

3 mins

Senco Gold IPO shines bright on debut, opens with 36% Premium

Shares of Senco Gold, a Kolkata-based jewellery retailer, listed at a 35.96 percent premium on July 14 at Rs 431 apiece

Senco Gold IPO shines bright on debut, opens with 36% Premium

2 mins

Tanishq Debuts at Paris Haute Couture Week with Tales of Mystique'

A Fusion of Indian Heritage and Global Fashion Trends in Collaboration with Rahul Mishra

Tanishq Debuts at Paris Haute Couture Week with Tales of Mystique'

2 mins

IGJ and Jansons School of Business successfully conduct Jewellery Executive Management Program

The Institute of Gems & Jewellery (IGJ) and Jansons School of Business joined forces to organize the highly anticipated Jewellery Executive Management Program (JEMP) on 22nd and 23rd June

IGJ and Jansons School of Business successfully conduct Jewellery Executive Management Program

1 min

Strategic marketing initiatives supported continued recovery post COVID among the top markets for Platinum Jewellery in Q1 2023

The latest industry review from Platinum Jewellery Business Review (PJBR) Q1 2023 indicates improved sentiment and positive consumption momentum among affluent jewellery buyers in platinum's key markets and a continued recovery from the effects of the COVID-19 pandemic

Strategic marketing initiatives supported continued recovery post COVID among the top markets for Platinum Jewellery in Q1 2023

2 mins

Read all stories from The Art of Jewellery

The Art of Jewellery Magazine Description:

PublisherAOJ Media Pvt. Ltd.

CategoryFashion

LanguageEnglish

FrequencyMonthly

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.

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