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.
IGI Reports 21% Revenue Growth in Jan-Mar 2026 Quarter
International Gemological Institute reported 21% growth in revenue and EBITDA for Jan-Mar 2026, driven by natural diamonds, laboratory-grown diamonds and jewellery certification demand, alongside expansion into coloured stones.
GSI, Bharat Ratnam Mega CFC Conduct Gem Identification Masterclass
GSI and Bharat Ratnam Mega CFC conducted a gemstone identification masterclass for jewellery professionals, focusing on gemstone analysis, treatment detection, traceability, and technical education amid evolving consumer demand in India.
Kirit Bhansali Appointed Nominee Director on IAGES Board
IAGES appointed GJEPC Chairman Kirit Bhansali as Nominee Director on May 11, 2026, adding industry and institutional experience to support the association’s objectives and sector development initiatives.
Jewellery Industry Backs Gold Conservation Push Amid Duty Hike Concerns
As India raises gold import duty to 15%, leading jewellery players and trade bodies support gold conservation measures while warning of liquidity pressure, export challenges and rising risks to MSMEs.
The Return of Statement Diamonds and Maximalist High Jewellery at Met Gala 2026
Statement diamonds, sculptural brooches, layered gemstones, and expressive menswear jewellery emerged as the defining visual language of luxury at Met Gala 2026, discovers Khursheed Mistry.
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.
Aisshpra Gems & Jewels Opens 16th Showroom in Jaunpur
Aisshpra Gems & Jewels launched its 16th showroom in Jaunpur on May 7, expanding its Uttar Pradesh retail network and introducing its “Jewel Story” lightweight diamond jewellery collection to the region.
QWEEN Debuts at Met Gala with Diya Mehta in Custom High Jewellery
QWEEN marked its first global appearance at the 2026 Met Gala as Diya Mehta wore bespoke natural diamond and emerald jewellery ahead of the brand’s official launch later this month.
Indian Institute of Gems & Jewellery Lab Launches Paraiba Origin Reports
Indian Institute of Gems & Jewellery Lab has introduced origin determination reports for Paraiba tourmalines, expanding its coloured gemstone certification services amid growing demand for provenance verification and standardized gemstone nomenclature.
India–New Zealand FTA Signed; Zero-Duty Access for Gems and Jewellery
India and New Zealand signed a Free Trade Agreement on April 27, 2026, in New Delhi, enabling zero-duty access for Indian jewellery exports and phased tariff concessions on select imports.
Oroarezzo 2026 Expands Global Focus with New Markets and Technology Showcase
Italian Exhibition Group’s Oroarezzo 2026 will bring together jewellery manufacturers, technology suppliers and international buyers in Arezzo from May 9–12, with expanded focus on export diversification and emerging markets.
Finance Minister unveils IIGJ Udupi as gem and jewellery skill development centre
Finance Minister Nirmala Sitharaman inaugurated IIGJ Udupi on April 28, in Karnataka, highlighting skilling, employment and industry-led training, while IIGJ signed an MoU with IIT Madras for lab-grown diamond certification.
Beyond Books, Into Brilliance: IIG Redefines Jewellery Education Through Industry Immersion at Bharat Diamond Bourse
International Institute of Gemology facilitated a student visit to Bharat Diamond Bourse, Mumbai, engaging with diamond companies to provide real-world exposure, industry insights, and practical understanding of trade operations.
India–New Zealand FTA to drive gem and jewellery exports to $ 50 million
GJEPC says India–New Zealand FTA signed on April 27, 2026 will enable zero-duty access, supporting export growth from $ 16.61 million to $ 50 million within three years.
