The All India Gem & Jewellery Domestic Council (GJC) has released its Mid-Year Bullion Trends 2026 report, highlighting historic movements in gold and silver prices, evolving consumer preferences, taxation concerns, policy reforms, and the outlook for India’s jewellery industry during the second half of the year.
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The unprecedented rise in gold prices over the last three years has created significant challenges for jewellery manufacturers, including unrealised profits, increased tax burdens, working capital erosion, and inventory replacement difficulties. The Coimbatore Jewellery Manufacturers Association has highlighted these concerns and proposed practical taxation and inventory valuation reforms for immediate industry relief.
Platinum jewellery is witnessing strong global traction as record-high gold prices reshape consumer preferences, according to PGI’s Q4 2025 report.
All Kerala Gold and Silver Merchants Association State President K. Surendran and General Secretary Adv. S. Abdul Nazar alleged that the GST raid on the gold trading sector was untimely and aimed at disrupting the Onam trade