The demand for gold is falling, but the demand for silver, platinum and diamond jewelery has increased. This change is visible not only in India but also in the international market. Although the market has been expecting the situation since August, what are the reasons for this change? How is the market right now? What is the demand for which jewelery, how is export and why does the sales fall every year in June? We will find answers to all these questions here. But first of all, take a look at some figures.
Looking at the export of diamond in May 2025, cut-polished diamond exports stood at $ 950 million, while polish lab groons have been $ 81 million, Rough Diamond exports $ 24 million and Rough Lab Grone Diamond exports have been $ 4 million.
Similarly, in 2025, the export of platinum jewelery has increased from January 113 crore to Rs 182 crore in May. While the export of silver jewelery increased from Rs 594 crore in January to Rs 751 crore in May.
At the same time, if we look at the export figures of gold jewelery, in January 2025, the export of gold jewelery was at Rs 8193 crore, which increased to Rs 8483 crore in May 2025.
What do market experts say
Mahendra Lunia of Vighnaharta Gold It is said that after the rise in gold prices, the demand for gold jewelery decreased and the demand for diamond started increasing there. People’s mentality is that the prices of diamonds did not rise soon but when the lab grone diamond came, he set his benchmark and after that the demand for natural diamond also started increasing. In such a situation, the investors kept themselves more secured and turned to Diamond with gold. This is the reason why the demand for diamond increased. And which can remain intact even further.
Sanjay Mehra of Unique Chains It is said that in this quarter itself, the price of gold crossed 1 lakh rupees. Gold demand has decreased due to prices rising. The demand for 21-22 carat gold jewelery abroad is good. There is a high demand for Indian hand made jewelery abroad. Due to unique Didinging, there is a high demand for Indian jewelery.
Manoj Jha of Kamakhya Jewels Says that Diamond, Platinum has received considerable support in the last 7-8 months. Gold has increased the demand for platinum jewelery rapidly. Demand for gold, diamond, platinum will increase in India. Gold-silver exports are expected to increase.
Chaulaj Heritage Jewelery Chaula Patel Says that the expectation of fall in gold prices is low. Because now gold has become a luxury commodity. The demand for gold always falls in May-June. At the same time, demand is expected to increase from July-August. The current price is also being purchased. He further said that if the price remains stable, the demand for gold will increase. Sales are expected to increase in view of weddings. People are shopping along with the fixed budget.
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