India’s jewellery exports rose 19 per cent in November to USD 2.52 billion from USD 2.09 billion a year earlier, driven by gains in cut and polished diamonds, gold, silver and platinum jewellery. 

The sudden surge in demand for the yellow metal has also caused a significant increase in the prices across India. The price of 24-carat gold in Mumbai on Saturday stood at Rs 1,33,350 for 10 grams. While the prices in other cities also experienced a minor hike.