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India’s gold demand improves as prices dip

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Gold demand in India saw a slight improvement towards the week’s end as prices fell from record highs, yet remained below normal levels. Discounts in China persisted due to low activity, and India’s imports are predicted to drop significantly by 85 per cent in February. Meanwhile, gold trades in Singapore, Hong Kong, and Japan show varying premiums and discounts.

India’s gold demand improved in the second half of this week but remained lower than normal as prices retreated from all-time-high levels, while traders continued to offer discounts in China as activity remained lacklustre. Domestic gold prices were trading around 84,750 rupees per 10 grams on Friday after hitting a record high of 86,592 rupees last week.

Indian dealers this week offered a discount of $12-$27 an ounce over official domestic prices, inclusive of 6 per cent import and 3 per cent sales levies, down from the last week’s discount of $35.

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GJEPC & DHL Host E-Commerce & Export Logistics Seminar In Delhi

Industry Seminar Focuses On E-Commerce Growth, Logistics Solutions and Global Shipping Opportunities For The Gem and Jewellery Sector

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Gem & Jewellery Export Promotion Council (GJEPC) Delhi Regional Office, in association with DHL, organised an industry seminar titled “Delhi to the World” on 14th May 2026 at the GJEPC Delhi Office, bringing together 35 members to discuss e-commerce, logistics and international shipping solutions for the gem and jewellery sector.

Welcoming the participants, Ashutosh Srivastava, Regional Director – North, greeted the DHL delegation comprising Ashim Sen, Satya Rath, Tej Desai, Vishal Sehgal, Rishi Pant, Aditya Karid and Aditya Khandelwal. He also welcomed Nitin Khandelwal, Deputy Director – Jaipur & Head of E-commerce, GJEPC, who highlighted the increasing importance of e-commerce and modern logistics infrastructure for the gem and jewellery industry during his keynote address.

The DHL team delivered a detailed presentation on logistics, courier and international shipping solutions tailored for the gem and jewellery trade. The session covered secure shipment handling, customs clearance procedures, shipment tracking facilities, and DHL’s global logistics network.

An interactive Q&A session followed, during which participants discussed shipment procedures, export documentation, insurance requirements, and logistics-related challenges faced by exporters. In his concluding remarks, Antarpal Singh Sawhney, Regional Chairman – North, GJEPC, informed members that DHL would offer special rates to GJEPC members.

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