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US jewellery, watches sales up by 4.4 per cent year-on-year

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Sales of watches and jewelry in the US showed further signs of growth in December 2024, up 4.4 per cent year-on-year, according the latest figures from the US Department of Commerce. But there’s been a marked slowdown since the 10 per cent increases of last September and October.

November saw sales up by just 3.0 per cent, revised down from 5.8 per cent based on actual through-the-till transactions rather than estimates. October has been revised up from 9.7 per cent to 10.0 per cent.

The average monthly year-on-year growth for the full year is 5.4 per cent, so December was little below par. Having said that, it was the 15th consecutive month of growth after a long period (the end of 2022 and much of 2023) of falling sales.

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Certificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA

The High Commission Of India In London In Association With GJEPC Hosted The Event, Exporter Were Felicitated  By High Commissioner Of India

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The High Commission of India in London, in association with GJEPC, hosted a special certificate ceremony to recognize the first jewellery import shipments under the India–UK Comprehensive Economic and Trade Agreement (CETA) on its day of implementation, 15 July 2026.

The exporters were felicitated by  His Excellency Kumaran Periasamy – High Commissioner of India to the United Kingdom,  Nidhi Mani Tripathi – Minister (Economic), High Commission of India, London

First jewellery importers honoured under the India–UK CETA: Malabar Gold & Diamonds Ltd., Nysa Creations Ltd., PureJewels Ltd., Taj Jewels, Kalyan Gold & Diamond Jewellery Ltd., Siddharth Jewellery (UK) Ltd., Fine Jewels Ltd.

As the India–UK CETA ushers in duty-free access for Indian gem & jewellery exports, the agreement is set to strengthen bilateral trade, enhance India’s global competitiveness, and unlock new opportunities for exporters, further advancing Hon’ble Prime Minister Narendra Modi’s vision of ‘Design and Make in India, for the World.

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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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