Russ Cohen

Trump tariffs: India's jewellery exports set for sharp decline; gold prices ease from record highs

Apr. 03, 2025 5:55 AM ETGold Spot Price (XAUUSD:CUR), GLDIAU, UCO, SLV, SIL, GDX, DBO, UNG, FCG, USL, SCO, SGOL, SIVR, GDXJ, UNL, PHYS, BNO, PSLV, NUGT, BOIL, KOLD, RING, OUNZ, SILJ, GUSH, DRIP, USOI, BAR, GLDM, AAAUBy: Arundhati Sarkar, SA News Editor
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Gold prices pared some gains on Thursday as investors took profit amid negative sentiment in the broader market, while India’s $32 billion gems and jewellery industry faces a sharp decline due to U.S. tariffs.

However, analysts see limited downside risks. Spot gold (

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