With gold near Rs.1,25,000 per 10 grams, the market will mature with stable but elevated price levels.“Consumers are shifting toward certified, lightweight, trustworthy designs supported by transparent supply chains,” says Rajesh Rokde, Chairman, GJC.

Gold will continue its role as both an emotional and investment asset. “Timeless, investment-worthy designs will drive purchasing, supported by a shift toward organised retail,” says Pratik Dugar, Indian Gem & Jewellery Creation. “Innovation, transparency and customer experience will define the industry’s next chapter.”

With gold potentially touching Rs.1,45,000 per 10 grams, demand remains resilient across weddings, festivals and everyday wear. “Consumers will gravitate toward natural diamonds, polki and a revival of Antique, Temple and Rajwadi styles,” notes Dhruv Jhaveri, Owner, Madanji Meghraj Jewellers. He further highlights the role of silver, “Silver gifting will rise sharply, possibly touching Rs.200 per gram, supported by digital integration and growing online sales.”

LGDs will strengthen their foothold as conscious luxury gains ground. “Vertical integration will give brands an edge—quality control, pricing and trust all improve,” says Anand Lukhi, Co-Founder & CEO, Lukson. According to him, “Daily-wear LGD jewellery will see explosive growth, powered by minimalism and durability.”