Browsing: Gold

The Kerala Gold and Silver Merchants Association has expressed serious concerns regarding recent statements discouraging gold purchases in India, highlighting the impact on livelihoods, trade, GDP, tax revenue, bullion imports, and the broader jewellery industry ecosystem.

GJC and GJEPC are leading industry consultations on the Gold Monetization Scheme after a Ministry of Commerce meeting on reducing the Current Account Deficit (CAD), with stakeholder suggestions invited until 30th May 2026.

India’s gold market is adjusting to a record import duty increase after the government raised gold import duty from 6% to 15% in May 2026. According to the World Gold Council, the move has widened domestic discounts, influenced ETF flows, increased smuggling incentives, and is expected to moderate gold demand during 2026.

Richemont delivered strong FY2026 results with sales rising 11% at constant exchange rates to €22.4 billion, driven by 14% growth in the Jewellery Maisons division including Cartier, Van Cleef & Arpels, Buccellati, and Vhernier, alongside solid profitability and higher dividends.

The World Diamond Heritage Board has officially opened nominations for the World Diamond Heritage List 2026, inviting the global public to nominate natural diamonds of exceptional historical and cultural significance.

Gemfields has reported USD 26.8 million in revenues from its May 2026 higher-quality emerald auction, with 99% of carats sold and strong demand continuing for exceptional top-tier emeralds despite global macroeconomic uncertainty and currency pressures.

VBJ, Vummidi Bangaru Jewellers, is set to host an exclusive jewellery exhibition in Tiruppur from 23rd to 25th May 2026, showcasing handcrafted gold, diamond, solitaire, bridal and gemstone jewellery collections curated specially for the occasion.

Kumari Fine Jewellery presents celebrity-inspired cocktail earrings for the modern bride, featuring statement jhumkas, vintage-inspired danglers and glamorous silhouettes perfect for receptions, cocktail nights and destination wedding celebrations.

Bonhams’ Exceptional Jewels auction in London will showcase a historic 1924 Boucheron diamond tiara alongside museum-worthy creations from Cartier, Bulgari, Chanel, Sterlé and other iconic maisons, featuring rare diamonds, Kashmir sapphires, Burmese sapphires and aristocratic provenance.

SMR Jewels Limited has announced the launch of its Initial Public Offering opening on May 26, 2026, with a price band of ₹128–₹135 per equity share. The jewellery company plans to list on BSE SME and reported strong revenue and profit growth over the last three fiscals.