Silver surged above $100 per ounce for the first time ever, while gold reached record highs near $5,000, driven by strong safe-haven demand and tight physical supplies amid global economic uncertainties.

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.

GJEPC submitted pre-Budget recommendations to the Finance Ministry in Mumbai on January 14, 2026, seeking duty rationalization, tax reforms and SEZ flexibility to support exports amid global trade pressures.

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.

The global jewellery fraternity convened in Paris for the 2025 CIBJO Congress, where industry leaders, policymakers, and experts gathered to discuss the evolving landscape of the gem and jewellery trade.

Sharjah’s 56th Watch & Jewellery Middle East Show opened with a glittering highlight: the “Dubai Dress,” a 10 kg 21 karat gold gown that set a Guinness World Record as the heaviest gold dress. The expo features over 500 exhibitors, 1,800 designers, and showcases luxury watches, diamonds, and gemstone jewellery from around the world.

The Gem & Jewellery Export Promotion Council (GJEPC) has appealed to Finance Minister Nirmala Sitharaman for urgent relief measures to help the Indian gem and jewellery industry withstand the financial strain caused by the recent 50% tariff imposed by the United States, which threatens exports, jobs, and sector competitiveness.

India's largest jeweller and watchmaker Titan is considering relocating part of its manufacturing operations to the Middle East, aiming to preserve low-tariff access to the U.S. market in the face of mounting trade frictions between Washington and New Delhi.

India’s apparel and jewellery exporters are preparing for a potential decline in U.S. orders following the imposition of a 25% tariff on Indian imports by the United States, which takes effect today.

Gold prices advanced on Thursday as financial markets reacted to growing trade uncertainty ahead of new U.S. tariffs taking effect today, August 1.

In a significant escalation of trade tensions, former U.S. President Donald Trump has imposed a 25% tariff on all Indian exports, effective August 1, delivering a sharp blow to India’s diamond and jewellery sector. Adding to the disruption, Trump also announced an unspecified "penalty" tied to India's continued purchases of military equipment and oil from Russia.

US-based fine jewellery brand Angara is set to launch its first physical store in India by early 2026, as part of a major expansion strategy targeting Rs 1,000 crore in revenue from the Indian market by 2030.

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

Vummidi Bangaru Jewellers (VBJ Since 1900), one of South India’s oldest and most trusted fine jewellery brands, partnered with Ignition, the flagship live conversation platform presented by the Shiv Nadar Foundation, for its Chennai edition held at ITC Grand Chola