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Expert Panel at Jewellery and Gem WORLD Hong Kong Upholds the Platinum Advantage Amid Global Surge in Demand

Price Differential, Product Diversification and Technical Advances Fuelling Growth

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A distinguished international panel of jewellery experts highlighted platinum’s present and distinct advantages of price and technical brilliance at Jewellery & Gem WORLD Hong Kong 2025. Presented by Platinum Guild International (PGI) on Friday, 19 September 2025 as part of the prestigious five-day trade show, the event advocated capitalising on platinum’s strong business potential as the cost of gold soars and innovation opens new avenues for expansion into emerging markets and varied product lines.

A significant price differential with gold is fuelling the growing global demand for platinum. However, as the panel speakers affirmed, this is far from platinum’s sole advantage. The role of exploring new consumer segments, developing new technology like electroforming and novel alloys, and establishing a digital footprint for sourcing are among the factors enhancing its intrinsic strength, resilience and shine.

The PGI panel was a key draw of the annual jewellery fair, held at the Hong Kong Convention & Exhibition Centre, and this year welcomed the largest representation of platinum jewellery in a decade. PGI also hosted the Platinum Pavilion, showcasing cutting-edge collections by producers in China and India, and co-sponsored “Sublime Shine: Metal Innovation in the Art of Jewellery”, a large-scale exhibition detailing the alloy’s achievements in ethical sourcing and technical ingenuity.

Titled “The Platinum Advantage: Markets, Business and Innovation”, the hour-long panel discussion attracted a packed crowd at the Grand Hall Main Stage, including honoured guests Gaetano Cavalieri, President of the World Jewellery Confederation (CIBJO), and Likui Zhang, Deputy General Secretary of the Gems & Jewelry Trade Association of China (GAC). Moderated by PGI’s Global Director of Innovation and Product Development, Tai Wong, the insightful exchange underlined platinum’s value as a priority choice for jewellery manufacturers, and suggested strategies to boost platinum portfolios beyond the traditional bridal ring segment and established geographical regions.

Reflecting both the current global surge in platinum’s allure and the industry’s diversity, the panel united industry leaders from Asia, Oceania and America. It comprised Andy Zhou of Kingli Group in China, Avinash Pahuja of ORO Precious Metals Pvt Ltd from India, Jason Brimelow of Brimelow Group operating in Australia and Southeast Asia, Josh Helmich of Helmich Luxury Group in the USA, and Noriyuki Kamei from Kuwayama Corporation based in Japan. Speakers noted that platinum is now poised to gain market share in other product areas, particularly men’s jewellery, and is penetrating territories traditionally dominated by gold. Emerging markets in Asia and the Middle East are deemed ripe for investment.

Zhou perceived a shift in focus towards platinum at the fair, spurred by high gold prices. Invigorated by the interest shown in new technology from Japan and Italy adopted by Kingli, he was bullish about the future of platinum exports from China. Pahuja spoke glowingly of India’s growing appreciation of platinum and outlined compelling new opportunities in Bangladesh and the UAE, with the latter serving as a conduit to supply other markets.

Kamei, similarly, noted the growth potential outside Kuwayama’s home market, especially in India, Indonesia, Malaysia and the Middle East. Brimelow concurred, pointing to the historic opportunity to open the platinum market in Southeast Asia, where wearable gold has been preferred but sentiment is now swinging to jewellery for adornment, driven by younger, internationally minded consumers.

The panel also spotlighted the benefits of product diversification. For instance, Kuwayama’s strategy of expanding product offerings beyond chains and bridal rings to men’s and fashion jewellery, and ORO’s move into highly engineered products that include mixed materials, bi-metal, and mechanised components are gaining traction and momentum in sales.

Helmich offered insights into the impacts of US trade tariffs on the global jewellery market, noting that industry players have started to diversify their export market beyond the US, such as to Europe, the Middle East and Southeast Asia. To facilitate the transition from gold to platinum, he called for greater understanding of manufacturing advancements, and further emphasis at the retail level of platinum’s unique attributes, such as its superiority in holding diamonds.

The “Sublime Shine: Metal Innovation in the Art of Jewellery” exhibition, which offered evidence of platinum’s beneficial facets, was viewed by more than 900 fair visitors per day. Underscoring that technological innovation is the key to scaling platinum jewellery production, the 430-square-metre display featured updates on Digital Product Passports (DPP) and blockchain-based traceability ­– vital to meet consumers’ demands for transparency and sustainability. A separate showcase for men’s jewellery also proved popular.

Melding technology and aesthetics, PGI’s Platinum Pavilion presented outstanding creations by six innovative producers from China and India: B.N. Jewellers India; Guangdong Jinbotong Technology Co Ltd; Jewelex India; Kingli Jewelry; Kinch Jewelry; and ORO Precious Metals. Other platinum powerhouses from Asia and Europe, including egf – Eduard G. Fidel, Kuwayama Corporation, Nagahori Corporation, Schofer Germany, and Shenzhen Longjia Jewelry, showed their collections elsewhere at the fair.

PGI’s Global Director of Innovation and Product Development, Tai Wong, who served as the panel discussion moderator, spotlighted the acceleration in platinum innovation over the past few years, and the product diversification generating new segment growth.

“We had the largest representation of platinum at the Jewellery & Gem WORLD Hong Kong show in a decade, and made new connections every day at the show for retailers and manufacturers to enter into platinum production. The advantage of platinum to create new incremental business is front and centre.” said PGI’s Tai Wong.

“Driven by the increasing price delta with gold, and supported by new technology, platinum is in a strong position to create better business in traditional bridal jewellery, as well as capture new market opportunities with new products for new consumer segments. By promoting new technology, product development and education in marketing, PGI collaborates with our global trade partners to enhance profitability and efficiency in the transition of their white metal business to platinum.”

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India’s Jewellery Exports Targeted At USD 100 Billion: WGC

Over The Next 5 To 7 Years, Nearly 20 To 25% Of India’s Gold Consumption Could Come From Domestic Mines.

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The 14th edition of the Delhi Jewellery & Gem Fair (DJGF) 2026, organised by Informa Markets in India, concluded at Bharat Mandapam, New Delhi, brought together 650+ exhibitors, 3,000+ jewellery brands and 150,000+ designs under one roof. The three-day B2B exhibition, held from September 26–28, 2026, witnessed participation from jewellery manufacturers, wholesalers, retailers, distributors, exporters and allied industry professionals from across India.

The grand expo was inaugurated by esteemed dignitaries including Chief Guest, Shri Praveen Khandelwal, Member of Parliament, Lok Sabha; Pramod Derawala, Chairman, NJGCI ; Sachin Jain, Regional CEO-India, World Gold Council;  Ramavtar Verma, Chairman, TBJA; Naveen Kumar Jindal, Senior Chairman, TBJA; Pankaj Arora, National President, AIJGF; David Lynn, CEO, inD;  alongside Yogesh Mudras, Managing Director, Informa Markets in India; and Pallavi Mehra, Senior Group Director, Informa Markets in India.

Addressing the need to strengthen the competitiveness and export potential of the jewellery industry, Shri Praveen Khandelwal, Member of Parliament, Lok Sabha, said:

“India’s gems and jewellery sector exports approximately Rs 2.5 lakh crore worth of goods against imports of around Rs 1.65 lakh crore, reflecting its strong export orientation and contribution to the country’s trade. As we work towards the government’s 2030 export ambitions, the industry must strengthen the journey from ‘Vocal for Local’ to ‘Local to Global’ through investment, skill development and greater value addition.

Equally important is recognising and upskilling our artisans, whose craftsmanship directly contributes to product quality and global competitiveness. Building their capabilities will help Indian jewellery become more competitive and strengthen its presence across international markets.”

Highlighting the growth opportunities for India’s jewellery sector and the need to strengthen the value chain, Pramod Derawala, Chairman, National Jewellery & Gemstone Council of India (NJGCI), said:

“India’s jewellery sector has significant growth potential across manufacturing and exports, supported by government initiatives and greater market access through FTAs. Countries with which India has signed FTAs import nearly USD 55 billion worth of jewellery, while India’s share is around USD 8 billion, indicating considerable scope for expansion. Rising gold prices are also shifting consumer preferences towards lightweight jewellery, while over 90% of high-value jewellery purchases continue through physical retail.

As the industry adapts and grows, strengthening value addition and ensuring better livelihoods and social security for skilled workers must remain a priority. Platforms such as the Delhi Jewellery and Gems Fair help bring the industry together to strengthen the ecosystem and support sustainable growth.”

Sachin Jain, Regional CEO, India, World Gold Council said:

“India’s gold and jewellery industry has significant opportunities ahead as the country progresses towards Viksit Bharat 2047, with the economy expected to grow from USD 4.5 trillion to USD 30 trillion. India is already the world’s leading gold jewellery market, and the Swarnim Udaan 2047 roadmap outlines the industry’s growth potential. Over the next 5 to 7 years, nearly 20 to 25% of India’s gold consumption could come from domestic mines, while jewellery exports are targeted at USD 100 billion. With nearly 31,000 tonnes of gold held by Indian households and a median age of 28 years, financialization, innovation and evolving consumer demand can unlock greater economic value.

Platforms such as the Delhi Jewellery and Gems Fair encourage industry collaboration and knowledge exchange, helping strengthen India’s capabilities to serve and shape the global jewellery market.”

Highlighting the business opportunities emerging from the platform, Ramavtar Verma, Chairman, The Bullion & Jewellers Association (TBJA), said:

“With nearly 600 to 650 exhibitors bringing together gold, diamond, silver and specialised jewellery alongside technology and industry solutions, DJGF reflects the scale and diversity of India’s jewellery trade. Such platforms are increasingly important for generating business opportunities, strengthening sourcing and trade networks, and connecting manufacturers, retailers, craftsmen and brands. The integration of design, technology and craftsmanship will be critical as the industry responds to changing consumer preferences and builds new avenues for growth.”

Speaking about the structure and business realities of India’s jewellery sector, Naveen Kumar Jindal, Senior Chairman, The Bullion & Jewellers Association (TBJA), said:

“India’s jewellery industry has a substantial unorganised base, with Delhi alone having nearly 45,000 to 50,000 people working in this segment, while the gold artisan workforce across the country is estimated at around 5 lakh. With margins in the volume business as low as 1.5 to 2%, jewellers need to continuously focus on design, craftsmanship, affordability and operational efficiency. Exhibitions such as DJGF, with participation from India and overseas, provide access to new designs, products and ideas that can help businesses remain competitive and identify new growth opportunities.”

Focusing on greater representation for small and medium-sized jewellers, Pankaj Arora, National President, All India Jewellers & Goldsmith Federation (AIJGF), said:

“Over the past five years, we have worked consistently to bring the concerns and business realities of small and medium-sized jewellers to the forefront. It is important that their challenges are adequately represented in discussions with the government and reflected in the policy ecosystem. Platforms such as DJGF further strengthen industry dialogue by bringing stakeholders together and giving businesses an opportunity to collectively discuss issues that affect their growth.”

Speaking on India’s growing role in the global jewellery market, David Lynn, CEO, inD, said:

“India combines strong consumer demand, manufacturing depth and craftsmanship with an increasingly global outlook. The country exported USD 27.7 billion of gems and jewellery in 2025-26, with the UAE alone accounting for USD 8.7 billion, while studded gold jewellery exports grew 60% and silver jewellery exports by more than 50%. As high gold prices shift demand towards lightweight, studded and design-led jewellery, the opportunity lies in creating greater value through design, technology, craftsmanship and stronger brands. With international buyers from 14 countries participating at DJGF, the platform is helping connect India’s manufacturing capabilities with new buyers, markets and business opportunities globally.”

Speaking on the occasion, Yogesh Mudras, Managing Director, Informa Markets in India, said:

DJGF 2026 reflects these evolving market dynamics by bringing together a diverse jewellery and allied industry ecosystem, creating opportunities for businesses to discover new collections, explore technology and manufacturing solutions and engage with potential partners. With its focus on sourcing, retail, innovation and knowledge exchange, the exhibition provides a platform for the industry to respond to changing demand while identifying new avenues for business growth and collaboration.”

Commenting on changing consumer preferences amid sustained high gold prices, Atul Jain, General Secretary, Delhi Jewellers Association, said:

“Consumers have largely absorbed the higher gold prices, but buying behaviour has clearly evolved, with more than 50% of retail business now coming through old gold jewellery exchange. Demand is shifting towards lightweight designs with lower gold weight or caratage, while coloured gemstones are seeing wider acceptance and design remains central to purchase decisions.

Gen Y and Gen Z are increasingly gravitating towards minimalistic jewellery, while global fashion trends are reaching markets such as India, China and New York almost simultaneously through digital influence. Indian manufacturing today is at par with the best globally, and we expect DJGF to reflect the same standards of design, innovation and craftsmanship seen at leading international jewellery shows.”

Carrying forward its 14-year legacy as the region’s quintessential B2B market platform, DJGF 2026 has reaffirmed its iconic status as the “Apna Delhi Wala Show.” Perfectly timed ahead of the upcoming festive and wedding buying rush, this year’s edition delivers an expanded buyer program and unprecedented product diversity to empower Northern India’s retail ecosystem.

DJGF 2026 continues to receive strong support from leading regional and national trade associations, including The Bullion & Jewellers Association Delhi (TBJA), Karol Bagh Jewellers Association, Delhi Jewellers Association, Mumbai Wholesale Gold Jewellers Association, Maliwara Jewellers Association, Dariba Jewellers Association, All India Jewellers & Goldsmith Federation (AIJGF), and Gurugram Jewellers Association, further reinforcing its credibility and trade reach across the ecosystem.

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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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