Browsing: Gold

India’s gem and jewellery exports for May 2025 witnessed a noticeable dip, with gross exports falling 15.81% to US$ 2,263.42 million (₹19,260.81 crore), compared to US$ 2,688.38 million (₹22,414.02 crore) in May 2024. Imports also dropped 12.96% to US$ 1,689.61 million (₹14,393.12 crore). However, in a positive turn, the cumulative export value for April-May 2025 increased by 4.96% year-on-year to US$ 5,202.01 million (₹44,407.30 crore). Imports during the same period declined slightly by 2.52% to US$ 3,748.62 million (₹32,006.09 crore).

Gold surged past $3400 (~Rs 1,00,000), reaching a record high as geopolitical tensions escalated following Israel’s strike on Iran and the declaration of a state of emergency. Softer US inflation data also boosted expectations of further Fed rate cuts, supporting safe-haven demand. According to Augmont Gold, the breakout above $3425 signals a possible move toward $3500 (~Rs 1,01,000) in the near term

On a monthly basis, gold remained constant at about $3300, fluctuating by $150 up and down throughout the month. As markets processed the news of US tariffs and conflicting data releases, gold was unable to make a clear move in either direction.

The All India Gem and Jewellery Domestic Council (GJC) is proud to announce the second show of the 7th Edition of the Preferred Manufacturers of India (PMI) Buyer-Seller Networking Meet, scheduled from June 10th to 12th, 2025, at the Grand Hyatt, Goa.

SVAR Media Network, the definitive & best Jewellery News India authority and Best Jewellery Magazine in India. As India’s Leading Gems & Jewellery Magazine and Top Jewellery Publication in India, SVAR delivers unparalleled Jewellery News, updates, coverage of product launches, market trends, and exclusive interviews.

Gold prices are showing signs of another parabolic rise in 2025, fueled by global economic uncertainty, weakening of the US dollar, and mixed signals from US-China trade negotiations. The recent breakout above $3380 (~Rs 96,000) suggests further upside potential toward $3450 (~Rs 97,500). Augmont Gold notes growing investor interest in gold as a safe haven amid inflation concerns and geopolitical instability.

Akshaya Tritiya, celebrated as an auspicious day to invest in gold, often sees a surge in gold purchases across India. But in 2025, with gold prices touching all-time highs, the big question for investors and buyers alike is: Is it wise to buy gold this Akshaya Tritiya?

The gold market cooled off to $3300 (~Rs 95000) after reaching $3500 (~Rs 99350) last week as Donald Trump signalled a potential softening of his aggressive trade stance toward China and indicated that tariff negotiations were underway.

Gold prices have dropped by over $200 from their peak of $3509, driven by President Trump’s softened stance on firing Fed Chair Jerome Powell and optimism surrounding a U.S.-China trade deal. Positive geopolitical news, including talks between Russia and Ukraine, has also fueled risk-on sentiment, reducing gold’s appeal as a safe-haven asset. Augmont Gold expects prices to trade between $3320 and $3400 in the short term

Gold prices surged to a record high of $3504, driven by a weakened US dollar and rising tensions between President Trump and Fed Chair Jerome Powell. As Trump pushes for interest rate cuts, gold’s appeal as a safe-haven asset has skyrocketed, with a 30% increase this year. Augmont Gold highlights the potential for price corrections if gold falls below $3450, urging caution in this volatile market.