GIT Information Center
Costume Jewelry Market Future Trends
Amidst global economic uncertainties and continual surge in gold and silver prices, costume jewelry has become a noted alternative for consumers who want affordable aesthetic. Online trade growth, jewelry style changes according to dynamic fashion trends, and exceptional marketing strategies have contributed to the market’s constant growth. Meanwhile, modern consumers increasingly focus on diversity, worthiness, and self-expression. These trends reflect that costume jewelry industry is going through a significant transition offering new opportunities for manufacturers and consumers in the future.
GIT Information Center
From Gold to Platinum and Silver: The Global Jewelry Industry’s Strategic Shift
In 2025, gold prices rose sharply, reaching historic highs amid concerns over a potential global economic slowdown and heightened macroeconomic uncertainty. This rapid appreciation has created significant cost pressures across the global jewelry industry. Major retailers such as Pandora and Signet have signaled potential retail price adjustments or the adoption of alternative production strategies, including reduced gold karat and increased use of substitute precious metals, to mitigate the impact of rising gold costs.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - March 2026
Thailand’s gem and jewelry export value from January to March 2026 amounted to USD 11,243.86 million, a 30.38% increase compared to the same period of last year. The products ranked as the country’s second most important exports with a 11.69% share of Thailand’s total gross exports. Nevertheless, when deducting unwrought gold from the total export value, the actual export value of gem and jewelry was USD 5,582.46 million, a 10.01% decrease year-on-year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January - February 2026
Thailand’s gem and jewelry export value of January-February 2026 increased 18.92 percent from the value of USD 6,133.53 million last year to USD 7,293.97 million. The products are listed as Thailand’s first most important exports with a 11.95 percent share of the country’s gross exports. However, excluding unwrought gold, the actual export value of gem and jewelry products was USD 3,432.16 million, a 14.88 percent decrease from the same period of last year.
GIT Information Center
Thailand Gem and Jewelry Import-Export Performance January 2026
In January 2025, Thailand's gem and jewelry exports surged to USD 4,566.20 million, marking an impressive 57.34% increase compared to the same month in the previous year. These exports ranked as the country's first most significant export category, contributing 14.46% to Thailand's total gross exports. However, after deducting the value of unwrought gold from the total export figure, the true export value of gem and jewelry stood at USD 1,808.12 million, reflecting a notable year-on-year increase of 4.26%.
GIT Information Center
The Iran War Crisis 2026: Impact, Trends & Scenario Forecasts for the Global Diamond, Pearl, Gem, Jewelry & Precious Metal Markets
The world has reached a major turning point. On 28 February 2026, the United States and Israel launched “Operation Epic Fury” against Iran, resulting in the death of Iran’s Supreme Leader and triggering escalating conflict across the Middle East. The Strait of Hormuz — one of the world’s most critical energy corridors — has fallen into a state of severe risk.
New Charms Play to Mahjong’s Popularity
To honor the resurgence of mahjong and the people who love it, Cove Fine Jewelry has partnered with Bam! Let’s Mahjong, a maker of tiles and other products related to the game, on a limited-edition charm collection.
30% say 3 months’ salary on engagement ring is too much in new wedding survey
Research carried out by Austen & Blake sees those across the UK reject many of the more traditional customs when it comes to proposals and weddings
GJEPC Calls for Suggestions from Industry on Proposed Gold Reform Measures
GJEPC is leading industry consultations to formulate a proposal on gold monetisation and measures to reduce India’s Current Account Deficit (CAD), following initial discussions on precious metals convened by the Ministry of Commerce & Industry.
KP pushes natural diamonds, draws civil society concerns
The Kimberley Process (KP) will focus its 2026 initiatives on strengthening the natural diamond industry under India’s leadership, but civil society members are warning against straying from the KP’s original mandate.
Younger consumers lead the way in improved retail expectations
Youngsters saw improvement in expectations for the economy and household finances, helped by rising real wages among this generation
India Hikes Tax on Gold and Silver to Curb Import Levels
The Indian government has raised the import duties on gold and silver to 15% from the previous 6% rate to alleviate record-high overseas purchasing.
As Silver Steps Up, Jewelers Get Serious About Merchandising
Silver's moment may have arrived — if you're willing to change how you sell it, according to the Brain Squad.
Wholesale lab-grown diamond prices down 26%
After nearly ten years of sharp and often relentless price declines, the lab-grown diamond market appears to be catching its breath
Antwerp Can Export Polished Diamonds to U.S. Tariff-Free
Diamonds polished in Antwerp will not be tariffed when imported into U.S., thanks to a new executive order—which exempts diamonds from certain tariffs—and to the European Union’s trade agreement with the U.S.
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