India’s gold jewellery exports in the first three months of the current fiscal April – June 2014, saw a 23 percent increase to around $2 billion, reports say. Industry experts attribute this to the drop in gold prices over last year and the improved consumer sentiments in US and UK markets.%% Consumers in the western markets are looking at gold-studded jewellery purchases, reports say. Also, the jewellery with less gold content is gaining popularity on western countries, as the prices come down. %% In the domestic market, gold jewellery demand dropped 25 percent to $6.4 billion, with hope that the market would improve in the coming festive months, reports add.