Gargi by PNGS Opens Two Kiosks in Hyderabad and Delhi
Gargi by PNGS has opened two jewellery kiosks at Lakeshore Mall, Hyderabad, and Pacific Mall, Delhi, in June 2026, expanding its retail network through a capital-efficient kiosk-led strategy.
P N Gadgil Jewellers reports 41% revenue growth in Q1 FY27
P N Gadgil Jewellers reported 41% year-on-year revenue growth in Q1 FY27, led by retail sales, while reaffirming plans to open around 25 stores during the fiscal year.
World Gold Council Expects Rangebound Gold Prices in H2 2026
World Gold Council's Mid-Year Outlook 2026 says gold is likely to trade within a 5% range in H2, with geopolitical risks, central bank demand and India remaining key market drivers.
India Gold Demand Moderates as Duty Hike and Price Volatility Weigh on Buying
India’s gold market slowed through May and early June as higher import duties, price volatility and seasonal factors curtailed jewellery demand, while ETF outflows and imports also declined.
India’s Gem and Jewellery Exports Reach $4.27 Billion in April-May 2026; GJEPC Raises Duty-Free Gold Supply Concerns
India’s gem and jewellery exports totalled $4.27 billion in April-May 2026, while GJEPC urged the government to address gold supply constraints and regulatory issues affecting export manufacturing.
De Beers Report Highlights Rising Gen Z Demand and Non-Bridal Growth in US Diamond Market
De Beers Group’s latest US consumer study finds Gen Z driving natural diamond demand, average purchase values rising, and non-bridal occasions accounting for most acquisitions, offering key retail insights.
Gargi by PNGS Opens New Kiosks in Kolkata and Ghaziabad
Gargi by PNGS has expanded its retail network with new kiosks in Kolkata and Ghaziabad during May 2026, strengthening its presence in North and East India as part of its FY27 growth plan.
More Indian Women Are Choosing Diamonds for Themselves as Natural Diamond Ownership Rises to 15%
Natural diamond ownership among Indian women rose to 15% in 2025 from 11% in 2022, driven by younger consumers, rising incomes and increasing self-purchase trends, according to NDC.
Shringar House of Mangalsutra Reports 106.5% Q4 Revenue Growth
Mumbai-based Shringar House of Mangalsutra reported strong Q4 FY26 growth, doubled PAT, expanded manufacturing capacity, and entered the bridal jewellery segment through partnerships with Tanishq and Malabar Gold & Diamonds.
India’s Gold Import Duty Hike May Reduce Demand by 10% in 2026: WGC
World Gold Council says India’s increase in gold import duty from 6% to 15% could reduce 2026 jewellery and investment demand by 50-60 tonnes amid weaker sentiment and higher unofficial inflows.
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.
P N Gadgil Jewellers Reports FY26 Revenue of Rs 107,391 Million
P N Gadgil Jewellers Limited reported FY26 revenue of Rs 107,391 million, up 39.6% year-on-year, with PAT rising 87.8%, driven by retail growth, festive demand, studded jewellery sales, and network expansion.
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.
World Gold Council Reports Shift from Jewellery to Investment Demand in Q1 2026
World Gold Council’s Q1 2026 report shows global gold demand rose 2% year-on-year as record prices reduced jewellery volumes but boosted bar, coin and ETF investment demand worldwide.
PGI Reports Platinum Jewellery Gains Share in Q4 2025 Amid High Gold Prices
Platinum Guild International’s Q4 2025 review highlights regional market shifts, with platinum gaining share across China, India, Japan, and the US as record gold prices influence consumer demand patterns.
