NewsSignals AI analysis·CNBC TV18·Nov 6, 2026

Dhanteras 2026: How Indians plan to buy gold this year, survey shows

Grade Abearish AI signal$XAU

Nearly 3 in 10 Indians planning to buy gold for Dhanteras 2026 intend to purchase through informal channels, highlighting the growing appeal of cheaper grey-market gold. A LocalCircles survey found 29% favour unbilled purchases, while unofficial gold inflows surged more than 1,500% year-on-year to around 50 tonnes in Q3 2026 as official imports fell 46% to 114.1 tonnes. Continued import-duty pressure and rising smuggling could intensify scrutiny of India's gold market and potentially influence future government duty decisions.

Bullish strength: 30/100

Potential import-duty reduction could make officially imported gold more competitive.
High gold prices increased gold demand value by 3% year-on-year despite lower volumes.

Bearish strength: 70/100

Unofficial gold inflows surged more than 1,500% year-on-year to approximately 50 tonnes.
Official net gold imports declined 46% to 114.1 tonnes in Q3.
Indian gold demand fell 29% year-on-year to 162.5 tonnes.
Jewellery demand declined 20% and bars and coins demand dropped 40%.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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