Ceasefire Relief Fuels Recovery from Correction Lows

Metal This Week Last Week Change Gold (MCX) ₹1,52,652 / 10g ₹1,49,680 / 10g +₹2,972 (+2.0%) Silver (MCX) ₹2,43,274 / kg ₹2,32,495 / kg +₹10,779 (+4.6%) Macro Snapshot: Mumbai: Global precious metals got a meaningful tailwind mid-week after the US and Iran announced a two-week ceasefire on April 8, which pulled oil below $100 per barrel and softened the dollar. However, the Islamabad talks over the weekend failed to produce further progress, leaving the ceasefire fragile and the Strait of

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Ceasefire Relief Fuels Recovery from Correction Lows

Metal This Week Last Week Change Gold (MCX) ₹1,52,652 / 10g ₹1,49,680 / 10g +₹2,972 (+2.0%) Silver (MCX) ₹2,43,274 / kg ₹2,32,495 / kg +₹10,779 (+4.6%) Macro Snapshot: Mumbai: Global precious metals got a meaningful tailwind mid-week after the US and Iran announced a two-week ceasefire on April 8, which pulled oil below $100 per barrel and softened the dollar. However, the Islamabad talks over the weekend failed to produce further progress, leaving the ceasefire fragile and the Strait of

Read More »

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Platinum Season of Love Begins from 17th April

Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across

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Edward Asscher Announces Candidacy for VC of the RJC

Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue

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Industry Expectations on Akshay Tritiya Sales

Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold

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India’s G&J Exports Grew During April’25 & Mar’26

Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical

Read More »

Platinum Season of Love Begins from 17th April

Mumbai: Platinum Guild International (PGI) India has announced the launch of Platinum Season of Love 2026, its signature nationwide retail activation set to run from 17th April to 31st May 2026 across jewellery stores in India. A key strategic initiative in PGI India’s annual calendar, the programme is designed to drive consumer demand and retail momentum for platinum jewellery across

Read More »

Edward Asscher Announces Candidacy for VC of the RJC

Amsterdam: Edward Asscher, the incumbent Vice Chair of the Responsible Jewelry Council (RJC), announced that he will run for another term in the position. In a letter to the RJC membership, he noted that the diamond, gem, and jewellery industry would be facing greater commercial challenges than ever before. “After serving four years as Vice Chair, I continue to argue

Read More »

Industry Expectations on Akshay Tritiya Sales

Mumbai: Akshay Tritiya is one of the most auspicious days in the Hindu calendar to buy gold, symbolizing lasting prosperity and wealth. Gold prices have risen significantly (nearly 60% up from last year) with 24K hovering around ₹1,55,570 per 10g in mid-April 2026. Digital gold, coins, and jewelry are popular purchasing options. Despite high prices, demand remains high as gold

Read More »

India’s G&J Exports Grew During April’25 & Mar’26

Mumbai: India’s gem and jewellery exports for the financial year April 2025 – March 2026 stood at ₹2,44,827.26 crore, registering a growth of 0.93% in rupee terms compared to ₹2,42,559.39 crore in the previous financial year. In dollar terms, exports were recorded at US$ 27.72 billion, reflecting a moderate decline of 3.32% year-on-year. The performance comes amid a year marked by geopolitical

Read More »

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