Global slowdown and weak demand from top markets like the U.S. and China hit India’s diamond trade hard in FY 2024-25. India’s diamond export sector recorded its sharpest decline in nearly two decades during the financial year 2024-25, as global demand weakened significantly.
Christie’s is set to offer The Golconda Blue—the largest Fancy Vivid Blue Diamond ever to be offered at auction. This 23.24-carat pear-shaped gemstone boasts exceptional color, size, and a rich royal provenance. It will be the centerpiece of Christie’s Magnificent Jewels sale in
Bharat Diamond Bourse hosted two prominent dignitaries Shri C.R. Patil, Union minister of Jalshakti, Government of India and Shri Harsh Sanghvi, Minister of Home, Industries, Transport, Youth & Sports, Government of Gujarat for a tour of BDB which is today the largest functional
India’s gem and jewellery sector has formally presented its key demands to the Government of India, urging for relief from US tariffs amid escalating trade tensions. GJEPC’s industry representation to the Gol encapsulates key areas requiring immediate attention under the proposed Bilateral Trade
According to the World Gold Council, gold-backed ETFs attracted 226.5 metric tons (valued at $21.1 billion) in Q1 2025, reflecting strong institutional interest. Meanwhile, central bank buying continues unabated. China added to its reserves for the fifth consecutive month, bringing its total gold
The All India Gem and Jewellery Domestic Council (GJC) proudly concluded the 7th edition of its flagship event, the India Gem and Jewellery Show (GJS), held from 4th to 7th April, 2025 at the prestigious Jio World Convention Centre, Mumbai. Branded as #HamaraApnaShow, GJS April
In a dramatic increase in trade activity, Mumbai Customs cleared $319.9 million worth of cut and polished diamonds for export to the United States in the first four days of April, over five times higher than the same period last year. With a
As cricket fever sweeps the nation, India’s leading women cricket anchors are taking centre-stage from the pitch to the spotlight —accessorized with the brilliance of natural diamonds. From the pitch to the studio, these presenters are bringing a touch of glamour to the game, enhancing the energy and elegance
The Antwerp World Diamond Centre (AWDC), the industry federation representing the interests of all Belgian diamond companies, has expressed relief and satisfaction following the European Commission’s decision not to impose reciprocal import tariffs on polished diamonds originating from the United States. The tariffs
The Indian gems and jewellery industry witnessed a momentous occasion as Shri Pralhad Joshi, Hon’ble Union Minister of Consumer Affairs, Food & Public Distribution, and Minister of New & Renewable Energy, graced the prestigious India Gem & Jewellery Show (GJS) at Jio World
