Jewellers expect lower gold prices to lift Dhanteras sales
In short
Jewellers expect gold prices to fall and Dhanteras sales to improve. They say coins and bars should sell the most, helped by people buying for investment and gifts.
That could lift festive demand for gold products and support jewellery sales during Dhanteras.
What the reporting says
Jewellers expect a fall in gold prices to boost Dhanteras sales, according to a BusinessLine Markets summary. Stakeholders said coins and bars are expected to lead purchases, supported by investment sentiment and gifting traditions. The expectation points to stronger festive demand for gold products.
Why it matters
Jewellers expect a fall in gold prices to support Dhanteras sales, based on a BusinessLine Markets summary. Stakeholders said coins and bars are likely to lead demand, driven by investment sentiment and gifting traditions. The story signals stronger festive buying interest in gold products if prices ease.