Malabar Gold & Diamonds has expanded its Goa retail network with a 7,839 sq. ft. showroom in Margao, offering gold, diamond, polki, uncut diamond and precious gemstone jewellery.

The 22-carat, 916-grade BIS-hallmarked rings were supplied to eligible newborns delivered at government hospitals across Tamil Nadu under the state welfare initiative.

The 7,839-sq.-ft. Margao showroom expands Malabar Gold & Diamonds’ presence in Goa, offering gold, diamond, polki, uncut diamond and precious gemstone jewellery.

Strong jewellery sales and higher store footfall at Titan indicate that consumer demand for gold remains resilient despite calls to curb purchases and a higher import duty.

Goldman Sachs’ Tony Kim expects gold’s current pause to give way to fresh highs, with sustained central-bank buying providing strong structural support for prices.

Jewellery stocks fell on September 1 after Prime Minister Narendra Modi urged Indians to avoid unnecessary gold purchases, citing Swadeshi and self-reliance, raising concerns over demand and jewellery buying patterns.

The government is considering reducing gold and silver import duties after the 15% levy failed to curb imports and was linked to growth in India’s grey market.

The government plans to make silver jewellery hallmarking mandatory from October 2026, expanding BIS oversight as silver consumption, prices and jewellery trade volumes rise.

Jewellery manufacturers in Coimbatore have urged the Tamil Nadu government to prioritise MSMEs in future gold ring tenders after local units were unable to match bids for a 4.41-lakh-ring order.

Rajasthan Chief Minister Bhajan Lal Sharma has urged Jaipur and Yamanashi jewellery associations to deepen technology and investment cooperation during a meeting with a Japanese delegation

The government is considering changes to its gold deposit framework, including a role for jewellers, to bring more privately held gold into the financial system and reduce import dependence.

IIJS 2026 ended with healthy buyer attendance and active enquiries, while retailers remained selective on quantities, focusing on immediate demand, inventory rotation and festive requirements.

With IIJS Bharat – Premier 2026 set to expand in scale and ambition, Shaunak Parikh, Vice Chairman of GJEPC, outlines the strategy for the show, export growth, and industry priorities, in a conversation with Dhwani Rathod.

With the U.S. Section 301 tariff regime taking effect on July 24, 2026, GJEPC says Indian gem and jewellery exports continue to face a 10% additional tariff despite policy compliance.