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WGC releases ‘India Gold Market – Reform and growth’

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The World Gold Council (WGC) has published a new report titled ‘India Gold Market – Reform and growth’. The report explores the key factors that shape India’s gold demand and supply, as well as the challenges and opportunities for the future. The new report covers various aspects of India’s gold market, such as: The drivers of Indian gold demand, jewellery demand and trade, jewellery market structure, gold investment market and financialisation, bullion trade, gold refining and recycling, and gold mining in India.

In the report foreword, Juan Carlos Artigas, Global Head of Research, World Gold Council, said: “In 2017 we produced “India’s Gold Market – evolution and innovation’. A lot has changed since that report was published. This compendium of updated reports delves deeper into key factors that underpin India’s position as the second largest gold consumer in the world: it studies the drivers of gold demand and the perception of consumers; it examines the new investment landscape: and it considers the complex issue of gold supply.

“Few of the global events that have rocked societal and geopolitical stability could have been imagined when our 2017 report was published. That India has had to adapt is not surprising, but the rate at which change is happening in the country is, arguably, unprecedented.

“Despite – or perhaps because of – macroeconomic uncertainties, India’s population resolutely turns to gold. Weddings and festivals are key drivers of gold demand and the country is one of the world’s largest bar and coin markets. There is no doubt that gold retains prominence in the social and financial life of many Indians, both urban and rural.

“The years ahead will present challenges. But rather than thinking them onerous, we believe there is tremendous opportunity for gold. Regulation of India’s jewellery industry has already made huge strides in building consumer trusts. If new export markets can be developed, the current fragile platform – 90% of jewellery exports go to just five countries – will be diluted. More accessible banking offers a possibility to reach investors who have long understood gold’s safe-haven qualities but now find themselves negotiating a plethora of choice. And in the longer term, the Gold Monetisation Scheme, proposed legislative changes in the mining industry, and resolution of recycling traceability issues may reduce India’s reliance on imported gold.

“As we look ahead with optimism, the insights in this report will help us ensure that gold retains or even increases its relevance to India’s economy – generating further employment and continuing to play its roles as an adornment and an effective portfolio diversifier and hedge against inflation

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JB Insights

Titanium Jewellery Manufacturing: Convergence Of Advanced Manufacturing, AI, and Surface Chemistry

For Trade Professionals, Understanding The Tech Powering This Trend Isn’t Just Academic—It’s The Key To Navigating The Next Decade Of Luxury Design.

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Titanium has officially broken free from its industrial roots. Long reserved for aerospace engineering and medical implants, this ultra-tough metal has been repositioned at the pinnacle of luxury watchmaking and high jewelry. Driven by a convergence of advanced manufacturing, AI, and surface chemistry, titanium is giving traditional precious metals a run for their money.

For trade professionals, understanding the tech powering this shift isn’t just academic—it’s the key to navigating the next decade of luxury design. Here are the core innovations driving the titanium revolution.

1. 3D Printing & Direct Metal Laser Sintering (DMLS)

Working with titanium presents a notorious metallurgical hurdle: its extreme melting point () makes traditional casting and soldering nearly impossible. Enter Direct Metal Laser Sintering (DMLS).

By using high-powered lasers to fuse microscopic titanium powder layer by layer, designers can bypass traditional workbench limitations entirely. This additive manufacturing capability allows ateliers to produce complex, hollow, and lattice-like organic structures. The result? Massively oversized, avant-garde statement pieces that remain remarkably lightweight and structurally indestructible.

2. Precision via AI-Driven CNC Machining

Titanium’s legendary hardness routinely destroys standard bench tools, making traditional hand-carving or standard machining painfully slow and cost-prohibitive. To solve this, forward-thinking manufacturers are deploying AI-driven Computer Numerical Control (CNC) machining.

AI algorithms optimize tool paths in real-time, reducing tool wear while carving intricate geometries at unprecedented speeds. Furthermore, these smart CNC systems achieve an ultra-refined grain size on the metal’s surface—a crucial prerequisite for achieving a flawless, mirror-like finish and vibrant color differentiation.

3. Electrochemical Anodization: Painting with Electricity

One of titanium’s most disruptive luxury features is its ability to take on vivid coloration without the use of fragile paints, platings, or enamels. Through electrochemical anodization, jewelers submerge the metal in an electrolytic bath and apply precise electrical currents.

Rather than adding a pigment, this process alters the thickness of the titanium’s natural oxide layer, changing how light refracts off the surface. Ateliers can consistently achieve fade-resistant, biocompatible hues ranging from deep electric blues and magentas to striking rainbow gradients.

[Electric Current Applied] ➔ [Oxide Layer Thickens/Shifts] ➔ [Light Refraction Alters] ➔ [Vibrant, Fade-Resistant Color]

4. Next-Gen Wearable Tech Integration

The booming smart jewelry sector demands materials that are bio-friendly, exceptionally durable, and featherlight. Aerospace-grade titanium has become the gold standard for this niche.

Market leaders like Ultrahuman utilize titanium chassis to house highly sensitive, medical-grade sensors. Because titanium acts as a rugged, hypoallergenic shield, it seamlessly protects internal components tracking Heart Rate Variability (HRV), skin temperature, and sleep cycles, all while offering the comfort of a traditional wedding band.

5. High-Jewelry’s “Stealth Wealth” Aesthetic

In the high-jewelry circuit, “heavy” no longer automatically equates to “valuable.” Elite international ateliers are embracing raw and black titanium as the ultimate canvas for haute joaillerie.

Weighing 45% lighter than stainless steel and a fraction of the weight of platinum, titanium allows designers to set massive, multi-carat precious gemstones into expansive designs without weighing down the wearer. Its deep, muted tones offer a stark, contemporary contrast to diamonds and colored gems, perfectly capturing the minimalist, “stealth wealth” aesthetic coveted by modern collectors.

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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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