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 Gold and silver price ETFs see major net outflows November 04, 2025 / canadianminingreport.com Gold stocks decline by less than metal price November 04, 2025 / www.canadianminingreport.com A shift to the later stages of gold and silver bull markets October 27, 2025 / www.canadianminingreport.com Gold stocks plunge on metal drop October 27, 2025 / www.canadianminingreport.com Gold stocks still up after pullback late in the week October 20, 2025 / 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