The four-pillar initiative focuses on old gold exchange, gold monetisation, community outreach and wider adoption of 18K jewellery to encourage domestic gold recirculation.

The government has ended a tax benefit for banks importing gold, silver and platinum, bringing these shipments under the 3% Integrated GST levy from April 1, 2026, to ensure parity across import channels

The new Terminal 2 outlet at Chennai International Airport follows the brand’s Terminal 4 opening and expands its presence across key travel destinations.

India can move beyond being a major producer of laboratory-grown diamonds to becoming a global technology leader by developing indigenous equipment, advanced materials, device fabrication capabilities, and high-value industrial applications, says Prof. M.S. Ramachandra Rao, Head of the India Centre for Lab Grown Diamond (InCent-LGD) at IIT Madras, in a conversation with Suneeta Kaul. Prof. Rao was one of the main organizers of GJEPC's VAIRAM 2026 Workshop, held earlier this year at the campus of IIT Madras.

Tribe Amrapali has opened its third Chennai store at Terminal 4 of Chennai Domestic Airport, taking its India store count to 43 as it expands across retail and travel destinations.

Yaashvi Jewellers has received domestic contracts worth approximately Rs 30 crore for supplying gold jewellery, with deliveries scheduled for completion by October 31, 2026.

Chirag Thakkar of Amrapali Group told media that crude oil movements could influence gold and silver prices, while festive demand and investment interest remain key market factors.

Uday Kotak has proposed a dedicated committee to examine India’s rising gold imports, with the country’s FY27 gold import bill potentially reaching dollar 88–90 billion.

India’s gem and jewellery exports rose 3.14% to $2.30 billion in August, led by a 51.22% increase in studded gold jewellery exports, while plain gold and silver jewellery remained under pressure.

CaratLane is evaluating Australia and the UK for international expansion after gaining traction in the US, where its stores in New Jersey and Texas have shown encouraging performance.

Gold prices eased as higher oil prices raised inflation concerns and strengthened expectations that central banks may keep interest rates elevated for longer, weighing on the non-yielding asset.

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

Gold and silver prices are expected to remain firm next week as investors await key US economic data, while elevated levels could trigger profit-booking in bullion markets.

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.