India’s gem exports rise 3.14% in August as studded gold jewellery shipments surge

India’s gem and jewellery exports rose 3.14% year-on-year to $2.30 billion (Rs 21,945.87 crore) in August, as a sharp increase in shipments of studded gold jewellery and higher diamond export volumes supported the overall performance, the Gem and Jewellery Export Promotion Council (GJEPC) said on Saturday.The industry had recorded total exports of $2.23 billion (Rs 19,503.52 crore) in August 2025.Gold jewellery emerged as one of the stronger segments during the month, with exports of plain and studded jewellery together increasing 11.81% year-on-year to $999.83 million (Rs 9,546.12 crore). Demand from the US, Hong Kong, Singapore, the UK and France supported the growth.The increase was led by studded gold jewellery, whose exports jumped 51.22% to $642.85 million (Rs 6,137.81 crore). Plain gold jewellery, in contrast, saw exports fall 23.90% to $356.97 million (Rs 3,408.32 crore).Rising gold prices and limited availability of duty-free gold for exporters weighed on plain jewellery shipments.