Gold at $4,703/oz as CME margin hikes test US jewelry margins
Spot gold fell to $4,703.27/oz (down 3.3%) as CME raised precious‑metals margins and markets weigh Fed‑chair pick Kevin Warsh — near two‑week lows, headwind for US jewelers.
Category: Markets
Indian jewellers eye US market recovery as tariffs drop, regain share
Tariff reductions strengthen Indian exporters’ competitiveness in the US, opening a path to recover lost market share and expand export opportunities.
U.S.-India trade deal: 18% jewelry duty, 0% on gems — what now?
President Trump said a U.S.-India deal may set an 18% duty on imported jewelry while leaving loose gems duty-free — a potential margin and sourcing shift for US retailers.
IGI acquires AGL, adds colored‑gem provenance — market signal
IGI’s Feb. 3, 2026 acquisition of AGL adds colored‑gem provenance reporting, strengthening traceability and services for global and US dealers.
India-US tariff cut to 18% reshapes US gems sourcing margins
India‑US trade deal cuts tariffs to 18%, lowering landed costs for textiles, gems and pharma. US jewelers could gain margin relief and sourcing flexibility.
Maximize lab‑grown diamonds report: 2026–32 growth, retail implications
Maximize Market Research’s press release on openPR outlines lab‑grown diamonds trends and growth opportunities through 2026–2032 — strategic implications for pricing and retail margins.
Gold down 5.2% to $4,613 after CME margin hikes — US retail impact
Spot gold slid 5.2% to $4,613.99/oz Feb 2 after CME margin hikes and Kevin Warsh nomination — immediate pressure on US jewellery margins and pricing.
CME margin hike pushes gold 2.3% lower – Fed nomination strain
Gold fell 2.3% to $4,754.51/oz after a CME margin hike intensified selling tied to Kevin Warsh’s Fed nomination, trimming a near‑10% plunge.
Gold down 1.5% to $4,793.97 — dollar tests US jewelry margins
Gold slipped 1.5% to $4,793.97/oz on Feb 2 as a firmer dollar and Kevin Warsh’s Fed signals weighed on demand — a near-term margin and sourcing concern for US jewelry firms.
Diamond District reprices as gold and silver crash – margin risk
A sharp gold and silver sell‑off this week disrupted Manhattan’s Diamond District, forcing dealers to price by touch and to reshuffle inventory, margins and quotes.
Kalyan Jewellers climbs 5.46% to Rs 375.5 — Indian cue for investors
Kalyan Jewellers India rose 5.46% to reach Rs 375.5 on Feb 1, 2026 — a notable intraday move that could shift investor positioning in Indian jewellery equities.
Kalyan, Titan and Senco gain up to 5% after Budget 2026 — gold rebound
Budget 2026 lifted Kalyan, Titan and Senco Gold shares up to 5%; MCX gold futures recovered from ₹1.38 lakh to ₹1.49 lakh per 10g—implications for inventory and margins.