Bharat’s gold jewellery export jumps over 17% in May

 

April-May gold jewellery exports grew over 40% year over year  

According to the available exports figures of Bharat for the month of May & April-May 2025, that shows a global Gem & Jewellery [GJ] buyer’s buying trend and runny or wafer-thin global economy that is shrinking their global growth outlook, growing uncertainties are pushing global buyers to abreast gold & jewellery!  

Accordingly, Gold Jewellery that includes two categories; 1: plain gold jewellery & 2: studded gold jewellery. Total gross export of Gold Jewellery at US$ 997.50 million (Rs. 8482.61 crores) in the month of May 2025 is showing a growth of 17.24% (19.57% in Rs. term) as compared to US$ 850.81 million (Rs. 7094.52 crores) for the same period of the previous year.

Extending & counting the Gold Jewellery export for the month of April-May 2025 that shows provisional gross export of US$ 2264.26 million (Rs. 19324.14 crores) shown a growth of 40.11% (43.38% Rs. term) over the comparative figure of US$ 1616.10 million (Rs. 13477.87 crores) for previous year, or say Year over Year [YoY].  

Now, looking at the 1: Plain Gold Jewellery category, the total export of Plain Gold Jewellery at US$ 431.10 (Rs. 3668.72 crores) in month of May 2025 is showing a Growth of 24.53(27.10% in Rs. term) as compared to US$ 346.19(Rs. 2886.59 crores) for the same period of previous year.  

Provisional gross export of Plain Gold Jewellery for the period April 2025 - May 2025 at US$ 1178.61 million (Rs. 10067.45 crores) shown a growth of 81.51% (85.91% Rs. term) over the comparative figure of US$ 649.34 million (Rs. 5415.23 crores) for previous year.  

2: Studded gold jewellery category: This category shows the total export of Studded Gold Jewellery at US$ 566.39 (Rs. 4813.90 crores) in month of May 2025 is showing a Growth of 12.24(14.4% in Rs. term) as compared to US$ 504.62(Rs. 4207.93 crores) for the same period of previous year.

Provisional gross export all kinds of Studded Gold jewellery for the period April 2025 - May 2025 at US$ 1085.65 million (Rs. 9256.69 crores) shown a growth of 12.3% (14.81% Rs. term) over the comparative figure of US$ 966.76 million (Rs. 8062.64 crores) for previous year.  

“Looking at the export figures of Bharat for the Month of May, 2025 & April-May 2025 for both of the categories, I am drawing the attention to studded gold jewellery that is growing moderately and healthy rate at growth. 

While, focussing on the plain gold jewellery category, it is showing a notable growth pace of over 24% in the month of May, which is virtually double the category of studded jewellery exports.  

Global shift of power center process, geopolitical power play, weakening global economy and uncertainties are pushing global buyers to the well-trusted global currency - gold. Previously, the trend in gold had seen buying gold coins & bars.  

That was all about managing a portfolio; now, the trend is that for plain gold jewellery buying is not the real luxurious attitude of a buyer. Lavish & luxurious buying attitude is the buying category of Studded,” said Nayan Jani, Editor- GJ Town India. 







Comments

Popular posts from this blog

C.R. Patil & Harsh Sanghvi visits the BDB!

India kept Check & balances on Gem & Jewellery Import

BDB mark Fire Service Week & pay tribute!