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Wedding season drives strong demand for plain gold jewellery; diamond purchases slow

Gold prices have risen sharply from Rs. 78,000 to Rs. 1,26,666 per 10g since the start of the year, whereas diamond prices have remained largely flat owing to weak demand from the US and China and a 50% import tariff imposed by the US administration.

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This wedding season, jewellers across India are reporting a strong shift in consumer preference toward plain and lightweight gold jewellery in 22K, 18K, and 14K, as customers prioritise investment value and affordability over ornate diamond-studded designs.

Retailers including Joy Alukkas, PNG Jewellers, Senco Gold, and Kalyan Jewellers note that simple gold pieces are in high demand, driven by a 60% surge in gold prices since January. Buyers are increasingly opting for lower-karat options as they offer affordability while still retaining strong resale value. The resale value of gold remains attractive due to the metal’s continuous price rally, with 18K gold priced at Rs. 94,000 per 10g and 14K at Rs. 73,000, even after GST and making-charge deductions.

Jewellers also observe that while diamond jewellery continues to sell, customer focus this season is firmly on gold. Couples are viewing gold jewellery as a reliable asset that contributes to long-term financial security.

Gold prices have risen sharply from Rs. 78,000 to Rs. 1,26,666 per 10g since the start of the year, whereas diamond prices have remained largely flat owing to weak demand from the US and China and a 50% import tariff imposed by the US administration.

Across the market, retailers are witnessing healthy wedding-season purchases. Lightweight 22K and 18K gold jewellery is performing particularly well in the mass segment, offering an ideal balance of design, value, and accessibility for price-conscious customers.

With an estimated 4.8 million weddings expected this season, the outlook for gold jewellery remains strong. Retailers report that rising gold prices are further motivating buyers to choose plain gold over studded jewellery, as the investment potential and resale value are significantly higher.

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Cosmos Diamonds Makes History With World’s First LGD  Jewellery  Launched Into Space

The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.

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In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.

The Cosmos Bloom Diamond  is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.

Sanjana Tripuramallu, Founder- Cosmos Diamonds

The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.

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