US Jewellery Market Holds Strong as Sales Rise Despite Tariffs, Gold Surge and Industry Contraction
Despite soaring gold prices, steep tariffs and rising crime, US jewellery sales continue to climb in 2025 — driven by resilient consumer demand, strong independents and a smaller but stronger retail base.
PN Gadgil Jewellers Unveils ‘Litestyle’ Brand Amid Soaring Gold Prices
In response to record-high gold prices and evolving consumer preferences, PN Gadgil Jewellers has launched a new sub-brand, Litestyle, focused on lightweight and lower-carat jewellery
CaratLane Expands Footprint as Young Indians Drive Demand for Lightweight, Low-Carat Jewellery
CaratLane, a subsidiary of Titan Company, is charting an aggressive expansion plan for the current financial year, driven by strong consumer interest in lower-carat, lightweight jewellery among young Indian shoppers
TBZ Profit Slides as Soaring Gold Prices Shift Consumer Focus to Investment
Tribhovandas Bhimji Zaveri Ltd (TBZ), one of India’s most established jewellery retailers, reported its first profit decline in ten quarters, as elevated gold prices diverted consumer interest away from jewellery towards gold as a pure investment
Aditya Birla’s Indriya Sets Ambitious Expansion Target in Jewellery Retail
Aditya Birla Group’s jewellery brand Indriya is rapidly expanding its footprint in India’s Rs 7-lakh-crore jewellery market. Since its launch in July 2024, the brand has opened 22 stores across 11 cities and aims to scale up to 100 outlets by the end of FY26
GJS 2025 -- A Grand Stage for Business, Networking, and Aspirations
Ahead of Akshaya Tritiya, the seventh edition of GJS showcased a vibrant mix of lightweight innovative, modular bridal jewellery, with event highlighting a renewed interest in silver. While some exhibitors saw high engagement, others noted a more cautious buying environment shaped by soaring gold prices
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
GJEPC Anticipates Diamond Export Rebound, Plans Jewellery Hub in Singur
The Gem & Jewellery Export Promotion Council (GJEPC) is optimistic about a recovery in diamond exports despite recent declines
India’s Festive Gold Buying Surges Despite Record Prices
As Dhanteras and Diwali draw near, Indian consumers are actively purchasing gold despite record-high prices, driven by hopes for strong returns amid a cooling stock market. This surge in demand may further elevate global gold prices and impact India's trade balance, indicating a robust festive buying sentiment
India's TBZ Reports 50% Rise in Q1 Profit on Increased Gold Jewellery Sales
Tribhovandas Bhimji Zaveri (TBZ), one of India’s prominent jewellers, reported a notable 50% increase in its first-quarter profit on Monday, driven by higher gold jewellery sales despite the challenge of soaring gold prices
The Glitter Fades: Indian Lab-Grown Diamonds Struggle Amid Global Oversupply
In the realm of gemstones, Indian lab-grown diamonds (LGDs) are experiencing a tumultuous period, marked by a staggering 45% drop in prices during FY24
Kamakhya Gold Outlook 2024: Expert Insights and Projections Shape Industry Perspectives
The second edition of the Kamakhya Gold Outlook event, held in Mumbai on May 17, 2024, brought together leading voices in the gold market to forecast and analyze future trends. Against the backdrop of soaring gold prices in India, industry luminaries convened to provide guidance on navigating the dynamic landscape and preparing for potential challenges and opportunities
Orafo Jewels introduces an online shopping platform in celebration of its fifth anniversary
The inauguration was conducted on November 18, 2023 and was attended by Telugu movie star Kavya Kalyanram
Tanishq reintroduces advanced booking option for gold amid soaring prices
Tanishq is bringing back its advanced booking option, which allows consumers to lock in the price of gold before auspicious occasions like the Akshaya Tritiya, due to the rising price of gold.
One Hell of a Year
The Year That Was
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