Gold Price Alert: Trump's Tariff Cut Could Drive Down Gold Prices

• US President Donald Trump reduced tariffs on Indian gemstone and jewelry exports from 50% to 18% after discussions with PM Narendra Modi.
• This tariff reduction is a significant relief for India's gem and jewelry industry, which exports approximately $10 billion to the US annually.
• The sector faced a sharp 44.42% decline in exports to the US during April-December 2025 due to previous high tariffs.
• Experts anticipate that the reduced tariffs will increase the competitiveness of Indian exporters and could lead to a decrease in gold prices.
• Lower gold prices are expected to boost jewelry purchases and revive the gem and jewelry sector, protecting jobs and creating new opportunities.

Why It Matters: Trump's tariff reduction on Indian jewelry exports is expected to lower gold prices and boost the industry.