India's first 'Gold Conclave' on July 19

Chennai, Jun 30 (UNI) More than 250 delegates from all over the country will attend the first ever India Gold Conclave to be held here on July 19, in the context of volatility in gold prices.

The event would be organised by the Art of Jewellery in association with the Gold Club of Chennai with the active support of World Gold Council (WGC).

The conclave would bring all the key stakeholders in the gold and jewellery industry together on a single platform and discuss and debate trends and drivers shaping the present marketplace, identify emerging challenges and final feasible options and solutions, WGC Vice-President K Shivram told newspersons here today.

Observing that the conclave would also serve as an ideal networking forum, he said it had been conceived to provide clear perspectives on the challenges and opportunities in gold trade in India, offer insights into the pact of the proposed hallmarking legislation, provide fresh perspective on gold futures, discuss the ramifications of retain revolution on jewellery trade and the challenges faced by family jewellers as they transition their business.

The conclave assumes significance as it was being held in the context of rising prices of gold and serious issues faced by the industry, including supply crunch, diminishing margins, changing consumer tastes and pains of transition from a pre-domninantly family-run business to professional enterprise.

UNI GV DS 1804