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.

Investment-led buying dominates festive season demand, with over 40 tons of gold sold in two days

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.

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).

India’s gems and jewellery exports took a significant hit in June 2025, recording a 14.25% year-on-year decline amid ongoing global economic challenges and geopolitical uncertainty

Titan Company reported a 19% year-on-year growth in revenue for the first quarter of FY26, buoyed by strong sales in its core domestic jewellery segment and a continued rise in gold prices. This marks a significant acceleration from the 9.3% growth reported in the same quarter last year

Kalyan Jewellers has reported a strong start to FY26, registering a 31% year-on-year increase in consolidated revenue for the first quarter, driven by robust festive and wedding demand across India and steady international performance

Gold prices have maintained a strong upward trajectory in 2025, largely supported by a sharp decline in the US dollar.

Gold prices are expected to remain on an upward trajectory in the second half of 2025, with projections suggesting a possible breach of Rs. 1 lakh per 10 grams, according to a recent market report

India’s gems and jewellery sector faced a sharp setback in May 2025, with exports falling by 15.81% year-on-year. New US tariff measures and weak global demand hit key segments like cut and polished diamonds and lab-grown diamonds, even as gold jewellery showed positive growth amid geopolitical uncertainties

In the backdrop of an increasingly strained jewellery sector, Verma Jewellers held a jewellery exhibition in Shimla from April 26 to 30 to mark the occasion of Akshaya Tritiya

Despite rising geopolitical tensions between India and Pakistan that dragged equity benchmarks into the red, Kalyan Jewellers' stock bucked the trend on Friday, posting strong gains after announcing robust Q4 results and a dividend

In October 2024, global gold ETFs experienced a sustained inflow of US$4.3 billion, extending a six-month streak of positive demand. North America and Asia led the inflow trends, contributing significantly to the overall growth in assets under management (AUM), which reached a record US$286 billion

Dr. Saurabh Gadgil, Chairman and Managing Director of PNG Jewellers, shared an optimistic outlook for the festive season, despite global price fluctuations affecting gold