India’s gold jewellery export shoot up 16% YoY!

Mar 19, 2024

Iran 1 illustrativeAccording to the Gem & Jewellery (GJ) exports of India, Gold Jewellery including both of the categories,

1: Plain Gold Jewellery

2: Studded Gold Jewellery for the month of February 2024 say, the total gross export of Gold Jewellery at US$ 821.55 million (Rs. 6815.65 crores) in month of February 2024 is showing a growth of 16.43% (16.91% in Rs. term) as compared to US$ 705.61 million (Rs. 5829.65 crores) for the same period of previous year.

The total export of Plain Gold Jewellery at US$ 472.93 (Rs. 3923.74 crores) in month of February 2024 is showing a Growth of 50.02(50.67% in Rs. term) as compared to US$ 315.24(Rs. 2604.14 crores) for the same period of previous year.

The total export of Studded Gold Jewellery at US$ 348.62 (Rs. 2891.91 crores) in month of February 2024 is showing a Decline of -10.69(-10.34% in Rs. term) as compared to US$ 390.37(Rs. 3225.51 crores) for the same period of previous year.

Provisional gross export of Gold Medallions & Coins for the period April 2023 – February 2024 at US$ 21.52 million (Rs. 178.72 crores) shown a growth of 1241.810% (1280.26% RS. term) over the comparative figure of US$ 1.60 million (Rs. 12.95 crores) for previous year.

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