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2026 The Road Ahead India’s GJ sector eyes explosive growth, bet big on precious metals surge

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India’s gems and jewelry sector enters 2026 with strong optimism, as industry leaders project gold prices rising 10-15% and silver surging 20-25%. With gold crossing ₹1 lakh per 10 grams, weddings are emerging as a key catalyst while younger consumers embrace bridal jewelry as versatile everyday luxury. The market is witnessing robust demand for lightweight diamonds, color stones, and enduring traditional Kundan and temple designs, as reinvention becomes the defining theme—merging traditional craftsmanship with mindful minimalism to create aspirational pieces for modern self-expression. As reinvention defines the horizon, industry leaders are merging traditional craftsmanship with mindful minimalism, creating aspirational pieces that serve both self-expression and investment.

Kirit bhansali

Kirit Bhansali, Chairman of GJEPC, underscores export stability at US$16.26 billion for the first seven months of FY 2025-26—in dollar terms—with rupee growth, crediting government measures like FTAs, the Export Promotion Mission, credit schemes, and the Maharashtra GJ Policy, alongside GJEPC’s expansions into the Middle East, Latin America, Cambodia, and Vietnam.

Vikas Kataria, Promoter of D.P. Abhushan Ltd., predicts gold up 10-15% and silver 20-25%, fueling demand for 18-14 carat gold, lightweight diamonds, color stone jewelry, and enduring traditional Kundan, Jadau, and temple designs amid value-driven buying.

Raghav Dhir, Director of Dhirsons Jewellers Pvt. Ltd., highlights gold prices surpassing Rs1 lakh per 10g, positioning weddings as a key catalyst while younger consumers embrace bridal jewelry as versatile everyday luxury, blending heavier traditional pieces with modern styling.

Kishorkumar Jindatta Shah, Chairman of Chandukaka Saraf, frames gold’s appreciation as an opportunity to merge traditional craftsmanship with mindful minimalism, creating versatile, aspirational pieces for self-expression.

Shradha Keshri, Director of Operations at Hira Panna Jewellers, builds on 2025’s lightweight gold, intricate bridal work, certified gems, and personalization trends, anticipating silver’s rise in jewelry and gifting, with emphasis on ethical sourcing, transparency, immersive retail, and digital discovery to engage a tradition-rooted yet informed audience. And silver is going to rule

Tarun Kochar, Partner at KPS Silver in Bangalore, foresees a more aggressive 40-50% silver surge from current levels, sparking heightened interest in silver articles for investment, gifting, and self-use due to industrial and appreciation dynamics.

These insights reveal a sector adapting through diversification—lightweight and ethical options for youth, silver’s accessibility across demographics, and export momentum. Retailers and manufacturers can leverage festive seasons, weddings, and global outreach for expansion, prioritizing innovation that balances heritage with contemporary appeal. This multifaceted resilience positions India’s GJ industry for a prosperous, value-centric 2026.

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JB Insights

Gifting That Lasts – How Gold and Silver Coins Bridge Heritage and Modern Life

Ketan Kothari , Director of Augmont

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Most people think of gifting gold and silver as a nod to nostalgia. In reality, it’s one of the few traditions that has outperformed every modern “smart” gift you can name. Long before fintech apps and inflation charts, Indian households treated these metals as portable wealth, a hedge against uncertainty, and a quiet transfer of wisdom from one generation to the next. That logic has not aged a day; rather, it remains even more relevant in a world where assets can be compromised with a password reset.

Ketan Kothari , Director of Augmont

What has changed is the way these coins look and live in our lives. Classic Lakshmi – Ganesh motifs now share space with clean, contemporary designs that feel at home in a digital world. The modern take on it makes each piece both timeless and current. Every coin carries its own story, turning family milestones into tangible memories while steadily gaining value as gold and silver prices continue to climb year after year. It is beauty and intrinsic value in one small disc. It is a heritage you can hold, and an investment built to last across generations.

Augmont brings this legacy to life with coins that pair high purity with artistry that honors tradition while embracing today’s aesthetic, offering a gift as enduring as the heritage it represents.

Why Choose Augmont Coins?

1. A Range That Resonates
From divine Lakshmi–Ganesh motifs to limited editions and unique designs in 24K and 22K gold and silver, Augmont offers a variety that suits every occasion. Each coin is crafted to celebrate moments that matter, whether personal milestones or festive rituals.

2. Stories Encased in Metal
These coins carry meaning at multiple levels. Many are tied to festivals, family traditions, or commemorative events, reimagining each piece as a memory that endures alongside its value.

3. Quality That Lasts Generations
Augmont coins are designed with precision and aim to withstand time. Their enduring craftsmanship ensures they remain beautiful keepsakes, ready to be passed down as family heirlooms while preserving their shine and value.

4. Trust You Can Hold
Every coin comes with 999 purity, BIS-certified refinery credentials, and secure packaging. Rigorous minting checks and transparent authenticity measures make each coin a reliable investment as well as a meaningful gift.

5. Versatility Across Life and Legacy
Whether it’s for a festival, a milestone, a special reward, or just a smart personal investment, Augmont coins fit naturally into the moment, carrying both meaning and value without ever feeling out of place.

6. A Legacy of Trust
Trusted by thousands of jewellers and millions of users across the country, Augmont coins have become a choice people rely on, not just for their value, but for the assurance they carry.

How Tradition Meets Technology

1. Timed for Auspicious Moments
Gold and silver coins remain the benchmark for occasions like Diwali, Akshaya Tritiya, and other auspicious events. With digital and quick-commerce platforms, these timeless gifts can now be bought and gifted instantly, without compromising the ritual.

2. Convenience Of Payment
UPI-enabled transactions bring efficiency without losing the emotional value of gifting.

3. A Platform Built for Today
Platforms like Augmont make it easy to combine tradition with today’s convenience, whether it’s setting up Gold/Silver SIPs, picking Gold/Silver coins online, storing them securely, or redeeming as per convenience. The old and the new come together without missing a beat.

Gold and silver coins have a way of staying with us long after the festival. They become part of the stories families live and share. A coin given at Diwali, added to a wedding trousseau, or exchanged to mark a milestone, holds memories, celebrates relationships, and marks achievements. Over the years, these coins carry the weight of tradition, the joy of moments lived, and the reassurance of foresight. By bringing the past into the present, they turn every gift into something personal, lasting, and truly memorable.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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