Mr. Prithviraj Kothari, Managing Director of RiddiSiddhi Bullions Limited (RSBL)
Central Bank buying is the main factor supporting Gold prices to trade above $2000 in the last few months. Central banks around the world have been buying gold with both hands for the last 2-3 years as they want to diversify their reserves out of Dollar to other asset classes.
The Reserve Bank of India has been actively buying around 40 tonnes of gold every year for the last six years. India now stands at ninth position in terms of gold reserves with holdings over 800 tonnes in 2023. India’s central bank has surpassed the central banks of the Netherlands, Turkey, the UK, and Saudi Arabia in terms of gold reserves lately.
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✨ Chintan Shivir 2026
Industry leaders and policymakers gather at Bharat Ratnam Mega CFC, SEEPZ, Mumbai, to shape India’s Gems & Jewellery Roadmap to 2040.
📅 19 Aug 2026 | 📍 Mumbai
#chintanshivir #india2040 #gemsandjewellery #gjepc #jewelleryindustry
✨ Chintan Shivir 2026
Industry leaders and policymakers gather at Bharat Ratnam Mega CFC, SEEPZ, Mumbai, to shape India’s Gems & Jewellery Roadmap to 2040.
📅 19 Aug 2026 | 📍 Mumbai
#chintanshivir #india2040 #gemsandjewellery #gjepc #jewelleryindustry
GJEPC leadership felicitates Hon’ble Deputy Minister Ms. Gaudentia Krohne during her visit to the GJEPC office, strengthening India–Namibia jewellery industry ties.
For more information: https://heerazhaveraat.com/namibia-delegation-explores-direct-india-diamond-trade-following-groundbreaking-tax-reform-gjepc/
GJEPC leadership felicitates Hon’ble Deputy Minister Ms. Gaudentia Krohne during her visit to the GJEPC office, strengthening India–Namibia jewellery industry ties.
For more information: https://heerazhaveraat.com/namibia-delegation-explores-direct-india-diamond-trade-following-groundbreaking-tax-reform-gjepc/
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
