"Trade data"

#13731263

21 May 2026

A gold necklace is displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is experiencing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewellery retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731264

21 May 2026

Gold earrings are displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, a major gold importer and global hub for diamond polishing, faces pressure as geopolitical tensions increase crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and raised import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewellery retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731265

21 May 2026

A diamond necklace is displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is facing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports jumped by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731266

21 May 2026

Diamond earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is facing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731267

21 May 2026

Diamond necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is experiencing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731268

21 May 2026

A diamond necklace is displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is facing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports jumped by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731269

21 May 2026

Diamond necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is experiencing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731270

21 May 2026

Diamond earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is facing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731271

21 May 2026

A diamond necklace and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is facing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731272

21 May 2026

Diamond necklaces and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is experiencing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731273

21 May 2026

An employee attends to a customer as the Silverlines logo is visible during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, a major gold importer and a global hub for diamond polishing, is experiencing pressure as geopolitical tensions increase crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and raised import costs for gold and precious stones. Reuters reported that India's trade deficit widened significantly in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also affected the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi encouraged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to impact the country's foreign exchange reserves.

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#13731274

21 May 2026

A woman examines a gold necklace and earrings during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, a major gold importer and global hub for diamond polishing, faces pressure as geopolitical tensions increase crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and raised import costs for gold and precious stones. Reuters reported that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731275

21 May 2026

A gold necklace and earrings are displayed during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is facing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731276

21 May 2026

A gold necklace is displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, is experiencing pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewellery retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731277

21 May 2026

Gold earrings are displayed during a jewellery exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, a major gold importer and global hub for diamond polishing, faces pressure as geopolitical tensions increase crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and raised import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports increased by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewellery retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to reduce fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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#13731278

21 May 2026

A woman examines gold bracelets during a jewelry exhibition in Srinagar, Jammu and Kashmir, on May 21, 2026. The ongoing Middle East conflict is affecting India's gold and diamond economy through rising prices, supply-chain disruptions, and weaker consumer demand, according to industry reports and trade data. India, one of the world's largest gold importers and a global hub for diamond polishing, faces pressure as geopolitical tensions drive up crude oil prices and disrupt international trade routes. Higher oil prices have weakened the Indian rupee and increased import costs for gold and precious stones. Reuters reports that India's trade deficit widened sharply in April 2026 as oil imports surged due to the conflict, while gold imports jumped by 84 percent. The conflict has also disrupted the Gulf market, a key destination for Indian jewelry retailers and exporters. Earlier this month, Indian Prime Minister Narendra Modi urged citizens to cut fuel consumption by using public transport, working from home, limiting overseas travel, and postponing gold purchases, as rising global energy prices continue to pressure the country's foreign exchange reserves.

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