Gemfields’ May Emerald Auction Generates $ 26.8 Million
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.
Less Gold, More Money: A Record Quarter By Rupee, A Different Story By Gram
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.
GIFT City Can Emerge as Global Hub for Institutional Gold Funds, Says Artha Bharat
At IFSCA’s Global Securities Markets Conclave in Mumbai, Artha Bharat Investment Managers said GIFT City could become a global gold fund hub if digital access is supported by legal enforceability and regulatory oversight.
Government Issues SOP on Bank Account Freezing, Bringing Relief to Surat Diamond Industry
India’s Ministry of Home Affairs has issued a standard operating procedure governing bank account freezes in cybercrime investigations, offering relief to Surat’s diamond industry after multiple firms faced sudden account suspensions.
Gold and Silver ETFs Fall Up to 4% Amid Rising Crude Prices and Stronger Dollar
Gold and silver exchange-traded funds declined up to 4% in India after crude oil prices surged and the US dollar strengthened, dampening bullion sentiment and delaying expectations of global interest-rate cuts.
Bars and Coins Outshine Jewellery as Indians Splurge up to $11 Billion on Gold This Diwali
Investment-led buying dominates festive season demand, with over 40 tons of gold sold in two days
GJEPC Calls on Citizens to Take Blood Donation Pledge on Jeweller's Day
The Gem & Jewellery Export Promotion Council (GJEPC) has urged people across India to mark Jeweller’s Day on 17th September by taking a Blood Donation Pledge and participating in nationwide blood donation drives organised in partnership with hospitals and blood banks.
Gold Crosses Rs. 1 Lakh Mark per 10 Grams, But Jewellers Worry Over Slow Festive Demand
Gold prices in India surged past Rs. 1 lakh per 10 grams this week, raising concerns among jewellers just ahead of the crucial Raksha Bandhan and Diwali season
Gold Could Climb Up to 15% by Year-End, Says World Gold Council
Gold may surge up to 15% by December 2025 in a bullish scenario, reaching a peak of $3,839 per ounce, according to the World Gold Council (WGC).
RBI’s Tougher Gold Loan Rules May Push Borrowers Away from Banks, Back to Informal Lenders
The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.
Gold Prices Face Near-Term Pressure but Outlook Remains Bullish, Say Analysts
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
Central Bank Gold Purchases Rise to 20 Tonnes in May, Says WGC
Global central banks continued their steady accumulation of gold in May 2025, adding 20 tonnes to their reserves amid ongoing geopolitical uncertainty and market volatility. While the monthly total marked an increase from April’s 16 tonnes, it fell short of the 12-month average of 27 tonnes, according to the World Gold Council (WGC)
Weakening US Dollar Drives Gold Prices Higher in 2025
Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.
Record high prices have dented jewellery demand: Sachin Jain, WGC
The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more
India’s Gold Imports Plunge to 20-Year Low Amid Record Prices
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
