Page 12 - Bullion World Issue 12 Volume 05 December_2025
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Bullion World | Volume 5 | Issue 12 | December 2025

           its Foundation Day by celebrating India International   it helps preserve traditional skills while opening new
           Bullion Summit (IIBS) every year. India plays a major   market avenues for silver artisans.
           and pivotal role in this industry and is presently the
           largest market for Bullion and Jewellery in the world.   3. Education, Capacity Building and Youth
           This event brings together a diversified group of   Engagement
           experts, officials and trade pundits from India and   IBJA continued to invest in knowledge-building and
           across the world. Prominent speakers discuss major   preparing the next generation of industry leaders.
           issues and trends pertaining to the bullion & jewellery
           trade and market scenarios.                        Structured online learning
                                                              To support jewellers, traders, and professionals
           Benchmark bullion pricing through technology :     nationwide, IBJA expanded its suite of online courses
           In a key strategic move, a high-level meeting at the   with certification on completion. The curriculum
           IBJA office, headed by Mr Prithviraj Kothari,      includes:
           National President, IBJA                           •   Gold & Silver Hedging
                                                              •   Futures & Options in Gold & Silver
                                                              •   Technical Chart Analysis for Precious Metals
                                                              •   Derivative Products in Gold & Silver
                                                              •   Call and Put Options
                                                              •   And several other specialised modules


                                                              These courses are designed to bridge the knowledge
                                                              gap on risk management and derivatives, enabling
                                                              participants to integrate modern financial tools into
           Attended by leading industry stakeholders          day-to-day bullion and jewellery operations.
           including:
           •   Dr B. Govindan, Chairman, Bhima Jewellery      Youth wing and engagement platforms
           •   Mr Rajesh Kalyanaraman, Executive Director,    Recognising the importance of youth leadership, IBJA
              Kalyan Jewellers                                launched the IBJA Youth Wing in 2025. The Youth
           •   Mr Saurabh Gadgil, Managing Director, P. N. Gadgil   Wing is envisioned as a platform for grooming the
              Jewellers                                       next generation of jewellers, bullion traders, and allied
           •   Mr Varghese Alukkas, Managing Director, Jos    professionals through networking, mentorship, and
              Alukkas                                         exposure to policy and market developments.
           •   Mr Saiyam Mehra, Director, Unique Chains and
              Jewels Ltd.                                     To complement this, IBJA organised the IBJA Youth
           •   Mr Rajesh Rokde, Chairman, GJC                 Premier League (IYPL), a cricket tournament that
           •   Other senior IBJA office-bearers               blended sport, camaraderie, and industry bonding.
                                                              Such initiatives help foster a sense of community and
           Resolved that IBJA will launch tradable gold and silver   shared values among young stakeholders in the sector.
           bullion rates using new technology every morning at   The IBJA Youth Wing was launched as a platform for
           9:30 a.m. These will include T+0, T+1, and T+2 rates   grooming the next generation of industry professionals
           and are intended to serve as benchmark references for   through networking, mentorship, and exposure to
           fixing retail jewellery prices across India. This initiative,   policy and market developments. The IBJA Youth
           once operational, will significantly enhance price   Premier League cricket tournament and corporate visit
           discovery, transparency, and uniformity for consumers   programmes further strengthened youth engagement.
           and retailers alike.
                                                              Corporate visit programmes were also undertaken to
           Silver Show of India: The Silver Show of India,    connect members with key institutions, markets, and
           presented by IBJA, is a curated platform that      infrastructure, giving participants first-hand exposure
           celebrates the country’s rich legacy of silver     to best practices and emerging technologies in
           craftsmanship, bringing together master artisans,   the precious metals ecosystem.  In Lucknow, IBJA
           designers, and discerning buyers. By spotlighting   participated in one of the city’s most educational
           regional techniques and contemporary interpretations,   seminars, graced by Hon’ble Chief Minister of Uttar


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