Will India’s gold jewellery exports rebound this year? 

In this episode of the State of Economy Podcast, businessline's Subramani Ra Mancombu speaks with Colin Shah, Managing Director of Kama Jewlery, to discuss the prospects for gold in the coming year. In this episode, we focus on one of the most important commodities in the world—gold. With fluctuating prices and uncertainty surrounding global economic policies, what does the future hold for gold in 2025? 

After an impressive run, with gold surging to nearly $3,000 an ounce, we now face a period of price volatility. What impact will the changing political landscape, especially U.S. tariffs and President Trump’s policies, have on gold’s performance? Could the strengthening of the U.S. dollar push gold prices back to $1,600, or will gold see another spike? 

They go on to discuss about the economic situation in India, where softer consumption and slow government spending are impacting the market. With India being a major player in the global gold market, Shah provides an expert view on how these economic factors could affect the demand for gold in India in 2025. Also, they discuss the potential for a recovery in Indian gold jewellery exports and how central bank policies may influence the global gold market this year. 

Whether you're an investor, a gold enthusiast, or someone looking to understand the larger economic forces at play, this episode offers crucial insights into the future of gold and its role in the global economy. 

(Host: Subramani Ra Mancombu Producer: Prethicshaa Gurumoorthy)

About the State of the Economy podcast 

India’s economy has been hailed as a bright spot amid the general gloom that seems to have enveloped the rest of the world. But several sectors continue to stutter even as others seem set to fire on all cylinders.