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CARATS 2025 – India’s Premier B2B Loose Diamond Exhibition Opens Grandly in Surat
The event, organized by the Surat Diamond Association (SDA), promises to be a landmark gathering for the diamond trade, running from 11th to 13th July 2025.
CARATS 2025 – Surat Diamond Expo, India’s most premium B2B loose diamond exhibition, was inaugurated with grandeur at Avadh Utopia, Surat.

The inauguration ceremony witnessed the presence of several industry stalwarts and dignitaries, including Govindbhai Dholakia, Chairman of Surat Diamond Bourse (SDB); Vinod Dabhi, Convenor of CARATS; Jagdishbhai Khunt, President of SDA; along with senior members from SDB, SDA, and key players from the gems and jewellery (GJ) industry.
CARATS 2025 serves as a premium platform for loose diamond manufacturers, traders, and buyers to engage in high-level business interactions and showcase the finest quality diamonds. With Surat being the global hub of diamond cutting and polishing, the expo reaffirms the city’s pivotal role in shaping the future of the global diamond trade.


National News
Gold & Precious Metals – A future outlook
The session saw a power packed panel of experts that comprisedSurendra Mehta, National Secretary- IBJA,Ranjith Singh,Head of Business Development, IIBX, Shweta Dhanak, Director – Vijay Exports,S Thirupathi Rajan, MD Goldsmith Academy, Shivanshu Mehta, SVP & Head Bullion-MCX.The session was moderated by Chirag Seth, Principal Consultant, Metals Focus.
Some salient points made by the panelists:
- Gold prices are not linked to consumer demand. They are linked to central bank buying and ETFs
- Till the banking system doesn’t collapse, gold price will continue to rise


- Jewellers were advised to use a mix of futures and options for risk mitigation


- Given the current situation manufacturers selling on credit or unfavorable deals could be fatal flaw for business.
- Precious metals forecast: Surendra Mehta said he sees gold in 2026 in $4900-5100 range and silver in $90-105.Looking further he said by 2030-2035 gold could touch $18000- 20000 and silver could reach $500. Chirag Seth predicted silver touching $105 this year and gold moving in the $ 5200- $ 5500.
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