Bharat’s gold medallions & coins exports grew over jewellery
A buyer prefers gold for investment, jewellery exports remain soft in April
According to the recently available figures of Bharat’s exports of Gold Jewellery- both, Plain & Studded, for the month of April 2025 that total gross export of Gold Jewellery at US$ 684.51 million (Rs. 5856.15 crores) in month of April 2025 is showing a decline of 5.41% (-2.98% in Rs. term) as compared to US$ 723.63 million (Rs. 6036.07 crores) for the same period of previous year.
The total export of Plain Gold Jewellery at US$ 273.40 (Rs. 2339.13 crores) in month of April 2025 is showing a Decline of -4.6(-2.15% in Rs. term) as compared to US$ 286.58(Rs. 2390.57 crores) for the same period of previous year.
At the Studded
Gold jewellery exports front, the total export of Studded Gold Jewellery
registered at US$ 411.11 (Rs. 3517.02 crores) in month of April 2025 is showing
a Decline of -5.94(-3.52% in Rs. term) as compared to US$ 437.05(Rs. 3645.5
crores) for the same period of previous year.
Looking at the Silver Jewellery export basket, provisional gross export of Silver Jewellery for the period April 2025 – April 2025 at US$ 38.3 million (Rs. 327.62 crores) shows a decline of 12.030% ( -9.79% Rs. term) over the comparative figure of US$ 43.54 million (Rs. 363.18 crores) for previous year.
While Platinum Jewellery front’s provisional gross export of Platinum Jewellery for the period April 2025 – April 2025 at US$ 11.15 million (Rs. 95.37 crores) shown a decline of 16.95% (-14.79% Rs. term) over the comparative figure of US$ 13.42 million (Rs. 111.93 crores) for previous year.
Gold Medallions & Coins provisional gross export of Gold Medallions & Coins for the period April 2025 – April 2025 at US$ 0.55 million (Rs. 4.68 crores) shown a growth of 167.110% (174.08% RS. term) over the comparative figure of US$ 0.20 million (Rs. 1.71 crores) for previous year.
Looking at the all
those categories of gold jewellery, be that plain or studded, buyer sentiment
remained low. De facto, whole of jewellery categories including silver &
platinum show a tumbling trend while gold medallions
& coins grew over 167% show, a buyer prefers gold for investment, said
veteran media player Nayan Jani, editor-GJ Town India. Additionally, he said;
growing precious metal’s price pushed buyer to investment category.
Comments
Post a Comment