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Decline in gold price pushes jewellery sales on Dhanteras

Times of India Nov 07, 2026 at 03:24 AM IST
Decline in gold price pushes jewellery sales on...

AI summary

A recent dip in gold prices significantly boosted jewellery sales during Dhanteras, with major retailers reporting double-digit growth in footfall and revenue. The festive period also saw strong demand for automobiles and electronics, driven by consumer confidence and promotional activities.

Key takeaways

  • Senco Gold reported over 25% sales growth by value during the festive period.
  • Gold prices fell by Rs 235 per gram, encouraging hesitant buyers to purchase.
  • Maruti Suzuki expects to deliver around 30,000 vehicles on Dhanteras this year.
  • First-time jewellery shoppers on Amazon India rose by more than 20% year-on-year.
Read the original at Times of India

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