India Gold Demand Moderates as Duty Hike and Price Volatility Weigh on Buying
India’s gold market slowed through May and early June as higher import duties, price volatility and seasonal factors curtailed jewellery demand, while ETF outflows and imports also declined.
Chandukaka Saraf Jewels Launches RITI 2.0 Lightweight Gold Collection
Chandukaka Saraf Jewels has introduced its RITI 2.0 lightweight gold necklace collection ahead of the Vat Purnima and Guru Pushyamrut buying season, alongside festive offers across Maharashtra showrooms.
PGI Reports Growth in Global Platinum Jewellery Demand in 2025
Platinum Guild International’s 2025 Business Review says platinum jewellery demand rose across major markets despite high gold prices, tariffs and manufacturing pressures, with resilience expected to continue into 2026.
Solitario Launches Divine India Collection in Pune
Solitario unveiled its Divine India Collection in Pune on June 16, introducing diamond-studded devotional creations and a bespoke idol adornment service alongside a performance by Maithili Thakur.
Jos Alukkas Launches Ballé Collection Inspired by Ballet
Jos Alukkas has introduced the Ballé Collection and a campaign film featuring actress Samyuktha on June 16 in Chennai, presenting a new jewellery range inspired by ballet and available across its retail network.
Central Banks Signal Continued Growth in Gold Reserves: World Gold Council Survey
The World Gold Council’s 2026 Central Bank Gold Reserves Survey finds most respondents expect global gold holdings to rise over the next year amid geopolitical and economic uncertainty.
India’s Gem and Jewellery Exports Reach $4.27 Billion in April-May 2026; GJEPC Raises Duty-Free Gold Supply Concerns
India’s gem and jewellery exports totalled $4.27 billion in April-May 2026, while GJEPC urged the government to address gold supply constraints and regulatory issues affecting export manufacturing.
Advit Jewels IPO to Open on June 23 at Price Band of Rs 130-138 Per Share
Advit Jewels Limited will launch its maiden IPO from June 23-25, 2026, with a price band of Rs 130-138 per share to raise funds for working capital, debt repayment and corporate purposes.
Department of Commerce Urges Jewellery Exporters to Leverage FTAs
The Department of Commerce and GJEPC organized an outreach programme in Jaipur on 9 June, encouraging jewellery exporters to utilize India’s FTAs to expand exports and access global markets.
SMR Jewels IPO Closes With QIB Demand Outpacing Retail Participation
SMR Jewels’ Rs 63.74 crore SME IPO closed on June 3 with institutional investors subscribing the QIB portion 2.35 times, while overall subscription remained below one time amid muted retail demand.
Kirtilals Opens Signature Lounge at Coimbatore Store
Kirtilals has introduced a Signature Lounge at its Crosscut Road store in Coimbatore, alongside its Single Edition collection, offering a dedicated space for personalized jewellery consultations and exclusive product presentations.
More Indian Women Are Choosing Diamonds for Themselves as Natural Diamond Ownership Rises to 15%
Natural diamond ownership among Indian women rose to 15% in 2025 from 11% in 2022, driven by younger consumers, rising incomes and increasing self-purchase trends, according to NDC.
SMR Jewels Opens Rs 67.23 Crore SME IPO
Ahmedabad-based SMR Jewels launched its SME IPO on May 26 with a Rs 128–135 price band, aiming to raise Rs 67.23 crore for expansion, working capital and debt repayment initiatives.
Divine Solitaires Promotes Natural Diamonds Amid Rising Gold Prices
Divine Solitaires said rising gold prices and changing consumer sentiment are encouraging buyers to consider natural diamonds for milestone purchases, while supporting India’s diamond manufacturing and export ecosystem.
Deepa Jewellers Receives SEBI Approval for Rs 250 Crore IPO
Securities and Exchange Board of India has approved Hyderabad-based Deepa Jewellers’ IPO comprising a Rs 250 crore fresh issue and promoter OFS, supporting the company’s expansion in organized B2B gold jewellery processing and supply.
