Gemfields sold 183,385 carats of higher-quality rough emeralds in Bangkok and online during May 2026, citing stable demand, cautious buying sentiment and macroeconomic pressures affecting coloured gemstone trading.

As India raises gold import duty from 6% to 15% amid economic pressure and a weakening rupee, the jewellery industry is preparing for higher prices, evolving demand, and possible market disruption, discovers Khursheed Mistry.

India's listed jewellers have posted their best March quarter on record. Strip out a 79% rise in the gold price, and a quieter, more uncomfortable picture emerges — one the unorganized trade and several regional listings have already started to live with.

India’s gem and jewellery exports totalled $27.72 billion in FY2025–26, reflecting a structural shift towards diversified markets and value-added segments amid global uncertainties and declining dependence on the US market.

India’s gem and jewellery exports totalled $23.19 billion in April–January 2026, down 0.64% year-on-year, as US shipments fell 45%, while a new India–US trade framework restores 18% tariff access.

Ahead of the Union Budget 2026–27, leading jewellery retailers, manufacturers and industry bodies outline expectations on GST, import duties, exports, digital gold regulation, working capital, and policy reforms to strengthen growth.

India’s gem and jewellery exports to the US declined sharply in April–December 2025 amid tariff pressures, while growth in UAE, Hong Kong and FTA markets kept overall exports largely stable.

GJEPC Chairman Kirit Bhansali highlights steady April–October export performance, seasonal October softness, policy-driven competitiveness, and the real context behind gold import trends, outlining a confident growth trajectory for India’s gem and jewellery sector.

Investment-led buying dominates festive season demand, with over 40 tons of gold sold in two days

The International Institute of Gemology (IIG) celebrated a landmark achievement at the National Jewellery Awards (NJA) 2025, with four of its students—Pratibha Sheshagiri, Priyanshi Chaudhary, Siddhi Lokhande, and Ujjwal Adeshara—winning top honours. The victories highlight IIG’s commitment to nurturing talent, providing mentorship, and creating opportunities for aspiring jewellery designers across India.

India’s festive gold demand is likely to dip this year as soaring bullion prices threaten to dampen jewellery purchases, industry experts warn.

Gold prices declined to their lowest levels in over a week on Wednesday, weighed down by a stronger U.S. dollar and rising Treasury yields

Tribhovandas Bhimji Zaveri Ltd (TBZ), one of India’s most established jewellery retailers, reported its first profit decline in ten quarters, as elevated gold prices diverted consumer interest away from jewellery towards gold as a pure investment

India’s gold imports are set to drop by a staggering 85% in February compared to the same month last year, hitting their lowest level in two decades, according to a report by Reuters