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Jewellers expect fall in gold prices to boost Dhantera sales

Grade Bbullish AI signal$XAU
Indian jewellers expect stronger Dhanteras and Diwali sales following a 20-25% correction in gold prices from January's record highs, encouraging consumers to resume purchases. Industry leaders anticipate around 75 tonnes of gold sales during Dhanteras, while jewellers report a 40-50% increase in customer enquiries following the recent price decline. Strong festive and wedding demand could support gold consumption in India, potentially cushioning downward pressure on prices.

Bullish strength: 65/100

  • Jewellers expect approximately 75 tonnes of gold sales during Dhanteras.
  • Customer enquiries and purchase interest reportedly increased 40-50% after the price correction.
  • Gold ETF net inflows reached approximately ₹4,450 crore in September 2026.
  • Gold ETF inflows reached around ₹69,000 crore in FY26.
  • Wedding and festive demand could support physical gold purchases.

Bearish strength: 35/100

  • Gold prices corrected approximately 20-25% from January's record peak.
  • Expected Dhanteras sales of 75 tonnes are below last year's 100 tonnes.
  • Elevated gold prices may encourage smaller purchases and lower-volume jewellery demand.

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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