India: Jewelers Reducing Diamond Content

Slow trading over Jain Paryushan festival and HinduGanesh Chaturthi holiday. High gold price and declining currency (INR 72/$1)impacting domestic jewelry demand. Jewelry manufacturers compensating byreducing diamond content. Cutters maintaining low production until October 27Diwali break, with some smaller units already closing. Polished inventorylevels went down in last month, but still higher than previous years.

Round Recent News Is the gold market starting to turn 'irrationally exuberant'? January 26, 2026 / www.canadianminingreport.com Gold stocks explode up as equity markets languish January 26, 2026 / www.canadianminingreport.com Gold stocks outpace flat large caps January 19, 2026 / www.canadianminingreport.com TSXV gold producers' output growth for Q4/25 mixed January 19, 2026 / www.canadianminingreport.com Rising metals price volatility over past month January 12, 2026 / www.canadianminingreport.com See all > × Get Listed Get Listed × Login E-Mail Address Password Remember Me Login Forgot Your Password? Register Share to Youtube Share to Facebook Share to Linkedin Share to Twitter Share to Tiktok