JEWELLERY DEMAND
Lower prices add glitter to Dhanteras gold sales
Fresh impetus to festive buying was seen as gold prices corrected, boosting jewellery sales on Dhanteras. Sales volume increased by 8-10% and value growth reached 18-20% compared to last year. Consumers in both metros and smaller cities showed significant demand for lightweight jewellery, coins, and smaller-ticket purchases. Jewellers reported a surge in footfalls and sales, particularly in traditional and diamond pieces.
Jewellers report brisk Dhanteras sales as gold price drop lures buyers; volumes seen flat
Volumes, however, are likely to remain roughly flat from a year earlier because prices are still well above last year's levels, said Rajesh Rokde, chairman of the All India Gem and Jewellery Domestic Council (GJC).
Dhanteras gold rush stretches quick commerce delivery fleets, stores
Heavy demand across platforms such as Blinkit, Instamart, and Zepto also led to dark stores in multiple pincodes in Delhi, Mumbai, and Bengaluru temporarily pausing services on Friday due to a paucity of delivery executives.
22k gold and silver rates today (November 6, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq and IBJA in Delhi, Mumbai, Hyderabad & more cities
November 6, 2026 marked a decline in gold prices, coinciding with the Dhanteras festivities which typically stimulate high purchase volumes. NConsumers were urged to stay vigilant about fluctuating bullion prices in anticipation of their purchases during the celebratory season.
Dhanteras 2026: A 12% demand surge awaits Indian gold market even as prices hit two-week high
Jewellers expect Dhanteras gold sales to rise 10-12% on strong advance bookings, despite a 4.56% price surge in two days. Crisil expects jewellery sales volumes to fall 4-6%, with higher prices driving revenue growth of 20-21%.
Dhanteras expected to generate over Rs 1 lakh crore in business across India: CAIT
Dhanteras is expected to generate over ₹1 lakh crore in business across India, with gold and silver sales estimated to exceed ₹60,000 crore, according to the Confederation of All India Traders (CAIT).
Dhanteras 2026 diamond, gold, silver, brass, copper, bronze price today: Buying precious metal for prosperity today, check prices of 6 metals
Things to buy on dhanteras 2026 buying guide: Dhanteras falls on November 6, with gold, silver and other precious metals remaining popular festive purchases. Check today's prices of 24K and 22K gold, silver, diamond, brass, copper and bronze before buying. Also know how purity, making charges and market fluctuations affect the final price.
Titan Company shares drop 3% after Q2 results. Why Emkay, Nuvama and others remain bullish
Titan shares declined despite a 54% rise in adjusted net profit for the September quarter. Strong demand for jewellery, watches, and eyewear supported performance, while brokerages remained largely positive on the stock, citing growth prospects, market-share gains, and improving margins.
Dhanteras gold, silver sales may rise 10% despite buyers opting for lighter jewellery: AIJGF
Sales of gold and silver jewellery for Dhanteras are expected to rise approximately 10% this year. The All India Jewellers and Goldsmith Federation predicts a sales figure of around Rs 66,000 crore. Consumers are opting for lighter jewellery due to elevated prices while managing their budgets. Despite the increase in value, total quantities sold may remain below last year’s levels.
Titan Q2 Results: Profit jumps 54% YoY to Rs 1,722 crore; total income up 25%
Titan Q2 Results: Titan Company reported a 54% year-on-year rise in consolidated net profit to Rs 1,722 crore in Q2 FY27, driven by strong demand across jewellery, watches and eyewear. Revenue growth remained broad-based despite a shift in the festive calendar, while international jewellery operations expanded with the addition of Damas..
Will India's gold jewellery retailers maintain credit strength amid soaring gold prices?
India's organised gold jewellery retailers are expected to maintain strong credit profiles in FY27 despite elevated gold prices and affordability pressures, according to Crisil Ratings. Volumes may decline 4-6%, but revenues are projected to rise 21-23% as higher gold prices lift sales values. Healthy cash accruals, prudent inventory management and measured store expansion will cushion rising working capital needs, even as operating margins moderate.
Gold retailers' revenue to rise up to 23% as volume decline moderates this fiscal: Crisil
India's organised gold jewellery retailers are expected to see a slower decline in sales volumes this fiscal, with revenue projected to grow 21-23 per cent despite elevated gold prices, while their credit profiles are likely to remain resilient on the back of healthy cash flows and controlled expansion, according to Crisil Ratings.
Gold price correction to lift Dhanteras sentiment, but sales volumes likely to remain flat: Jewellers
The decline in gold prices is expected to boost demand this Dhanteras, All India Gem and Jewellery Domestic Council (GJC) Chairman Rajesh Rokde told.
India's natural diamond industry eyes revenue stabilisation at $15 billion, not recovery
An analysis indicates India's natural diamond industry's revenues are projected to stabilize rather than rebound. Domestic demand is expected to cushion export weaknesses, particularly from the US and China. Lab-grown diamonds are reshaping the entry-level segment, affecting market dynamics and pricing. While profitability faces pressure, supply discipline is helping maintain stability in credit profiles. Overall, improved inventory and consumption trends could support a more robust industry outlook.
Gold smuggling jumps to 50 tonnes as 15% import duty widens gap for unofficial supply
Gold smuggling in India is estimated to have surged to 50 tonnes in the September quarter from three tonnes a year earlier after import duty rose to 15% from 6%, according to the World Gold Council. Meanwhile, demand remained 29% lower year-on-year as record-high prices weighed on purchases.
Dip in gold price puts the sparkle back into festive and wedding buying, jewellers see 10-12% rise in Dhanteras sales
Gold prices have dropped significantly, encouraging consumers to return to jewellery stores for upcoming purchases. The correction in gold prices has led to increased footfalls and advance bookings for weddings. Jewellers expect a rise in sales volume on Dhanteras, which is an auspicious buying day. Consumers are opting for lightweight jewellery and lower-karat gold to manage budget constraints.
Buying gold on Dhanteras? 7 things you must check before paying the jeweller
Buying gold on Dhanteras and Diwali is a significant tradition observed in many Indian households. It is essential to check several factors, including purity, weight, and gold rates, before making a purchase. Understanding making charges and the jeweller’s buyback policy can also affect the decision.
Indians refuse to cash in on gold in their lockers hoping for a better price
India’s gold demand is expected to fall to a six-year low of around 650 tonnes in 2026 as record prices, rising living costs and a weak monsoon weigh on jewellery purchases and investment, according to the World Gold Council (WGC).
India's gold bar game is next only to China despite 40% investment plunge
India’s gold investment demand rose 12% quarter-on-quarter to around 60 tonnes in the September quarter, although it remained below year-ago levels as easing price momentum and higher import duties weighed on buying, the World Gold Council said.
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