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CHINA DIAMOND PURCHASES
For Gen Z diamonds are a personal style statement, not something they can tuck awayAs Millennials and Gen Z redefine luxury consumption in India, the natural diamond industry is evolving to meet their demand for individual...
What should you do with your gold investments amid delay in US-Iran deal, high oil prices and inflationary concernsGold prices on MCX slipped amid rising geopolitical tensions, elevated crude oil prices and inflation concerns linked to the delayed US-Ira...
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
Akshaya Tritiya 2026 gold outlook: Which trends are expected to shape gold purchases this Akshaya Tritiya?Gold's strong appeal continues for Akshaya Tritiya 2026. Investors are showing interest in coins and small bars. Global economic concerns a...
India becomes second-largest diamond jewellery market with 12% global share, overtakes China and JapanIndia has emerged as the world’s second-largest diamond jewellery market, driven by rising incomes and strong demand from Gen Z and millenn...
China’s back in the bling game! Indian diamond traders cheer as sales sparkle againChina has resumed buying diamonds cut and polished in India after a hiatus of nearly two years, positively impacting rough diamond prices a...
Indian diamond exports hit by slump in Chinese demand, HMPV concerns add to uncertaintyIndian diamond trade's promotion of natural diamonds in China, in collaboration with Chow Tai Fook and De Beers, has not boosted sales. Dia...
Lights still out in many diamond units as exports dimIn places like Saurashtra, Bhavnagar and Amreli in Gujarat that house small diamond processing units, nearly 50% of the facilities are stil...
Weak Chinese demand dents India's diamond exports, industry seeks supportThe economic slowdown, shifting consumer preferences from diamonds to gold jewellery and fewer weddings have been squeezing the demand for ...
Sparkling revival: US consumer appetite for solitaires boosts India's diamond trade“Natural diamond jewellery sales were up 5.1% by units and 4.7% by revenue in November, when holiday purchases picked up in the US. Loose d...
Cut & polished diamond exports from India may come down 20% in FY21: CouncilThe outlook is much in line with the Global Diamond Report 2020-2021 that has been released by Bain & Company and the Antwerp World Diamond...
Diamond hub Surat likely to buzz with activity after Diwali as migrant workers set to return“Demand has revived and the trade is getting good orders from the US, China, Gulf countries and some parts of Europe. There is good demand ...
India-China border flare-up can hit exports: Diamond tradersIndia’s gem and jewellery exports plunged nearly 84% year-on-year in April-May owing to the trade disruption caused by Covid-19 while the f...
Import of rough diamonds unlikely to resume soonDue to muted global demand, Indian diamond trade is unlikely to import rough diamonds for a month beginning June 1, as the global demand wi...
India's rough diamond imports fall sharply in the first 10 months of this financial yearIndustry executives anticipate a further fall of 10-15% in February and March, as manufacturers are not keen to build up inventory in the w...
Indian diamond traders may get loans from Russian banks to buy diamonds from ALROSARussian banks have started granting loans to ALROSA's foreign clients for the purchase of rough diamonds. This will help the Indian diamond...
Rough diamond imports likely to have slowed in MayIndia cuts and polishes 10 out of 11 of the world’s rough diamonds.
Consumption of diamond jewellery falls 4 per cent in one year“In the four leading markets — the US, China, India and Japan —millennials spent nearly $26 billion on diamond jewellery last year.” Gareth...
Weak rouble, low oil prices soften diamond demand; exporters face a rough patchIndia's diamond exports are expected to remain flat at best this fiscal year as a weak rouble and low oil prices softened demand from the k...