India’s Gold Jewellery exports up 40.57% in November

 

Plain Gold Jewellery exports grew 72.12%; Gold Medallions & Coins up 5120% 

Looking at the blossom & flourishing plain gold jewellery exports of India that jumps over 72% and India’s export basket of Gold Medallions & Coins up that shoot up sharply to about 5120%; the very rare trend in the normal demand chart. These demand trend show and reflects that the globe is facing geopolitical liquidity and uncertainties with higher rate of inflation!  

The total gross export of Gold Jewellery at US$ 1132.68 million (Rs. 9558.44 crores) in month of November 2024 is showing a growth of 40.57% (42.4% in Rs. term) as compared to US$ 805.76 million (Rs. 6712.53 crores) for the same period of previous year. 

Provisional gross export of Total Gold Jewellery for the period April 2024 - November 2024 at US$ 7102.010 million (Rs. 59509.02 crores) shown a growth of 8.97% (10.37% Rs. term) over the comparative figure of US$ 6517.48 million (Rs. 53915.72 crores) for previous year. 

The total export of Plain Gold Jewellery at US$ 652.81 (Rs. 5508.77 crores) in month of November 2024 is showing a Growth of 72.12(74.35% in Rs. term) as compared to US$ 379.27(Rs. 3159.52 crores) for the same period of previous year.

Provisional gross export of Plain Gold Jewellery for the period April 2024 - November 2024 at US$ 3053.23 million (Rs. 25593.68 crores) shown a growth of 2.48%(3.83% Rs. term) over the comparative figure of US$ 2979.32 million (Rs. 24649.41 crores) for previous year.  

The total export of Studded Gold Jewellery at US$ 479.87 (Rs. 4049.68 crores) in month of November 2024 is showing a Growth of 12.52(13.98% in Rs. term) as compared to US$ 426.49(Rs. 3553.02 crores) for the same period of previous year.  

Provisional gross export all kinds of Studded Gold jewellery for the period April 2024 - November 2024 at US$ 4048.78 million (Rs. 33915.33 crores) shown a growth of 14.43% (15.89% Rs. term) over the comparative figure of US$ 3538.17 million (Rs. 29266.31 crores) for previous year.  

Provisional gross export of Silver Jewellery for the period April 2024 - November 2024 at US$ 714.03 million (Rs. 5980.46 crores) shows decline of 27.470% ( -26.63% Rs. term) over the comparative figure of US$ 984.52 million (Rs. 8151.17 crores) for previous year.  

Provisional gross export of Platinum Jewellery for the period April 2024 - November 2024 at US$ 115.12 million (Rs. 964.15 crores) shown growth of 3.33% (4.61% Rs. term) over the comparative figure of US$ 111.41 million (Rs. 921.68 crores) for previous year.  

Provisional gross export of Gold Medallions & Coins for the period April 2024 - November 2024 at US$ 118.55 million (Rs. 988.5 crores) shown a growth of 5119.960% (5153.28% RS. term) over the comparative figure of US$ 2.270 million (Rs. 18.82 crores) for previous year.





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