Why is 18 carat gold trending in India today?
18 carat gold is trending in India due to high demand during Dhanteras and a 4.56% price surge in two days. Jewellers expect sales to rise 10-12% on strong advance bookings, despite higher prices.
What happened
- Earlier
Gold prices hit a two-week high, with a 4.56% surge in two days [2].
- Earlier
Jewellers expect Dhanteras gold sales to rise 10-12% on strong advance bookings [2].
What you need to know
Gold prices have surged 4.56% in two days [2].
Jewellers expect Dhanteras gold sales to rise 10-12% [2].
Higher gold prices may drive revenue growth of 20-21% [2].
The exact impact of the price surge on overall jewellery sales volumes is not specified.
Background
Gold prices in India have been influenced by the upcoming Dhanteras festival, which is expected to drive high demand for gold. The recent price surge of 4.56% in two days has led to strong advance bookings from jewellers, expecting sales to rise by 10-12%. Despite higher prices, the increased demand is anticipated to drive revenue growth of 20-21% for jewellers [2].
Questions people ask
Why is gold trending today?
Gold is trending today due to high demand during Dhanteras and a recent price surge.
How much has gold prices surged?
Gold prices have surged 4.56% in two days [2].
What is the expected sales rise for Dhanteras?
Jewellers expect Dhanteras gold sales to rise 10-12% [2].
Where this came from
[1] timesofindia.indiatimes.com
Gold, silver price prediction: Will gold hit Rs 1.5 lakh in Dhanteras week? Check outlook on November 5,
Preview image from timesofindia.indiatimes.com
[2] m.economictimes.com
Dhanteras 2026: A 12% demand surge awaits Indian gold market even as prices hit two-week high (economictimes.com)
Preview image from m.economictimes.com
Found through Google Trends and drafted with AI from at least two cited sources. Published automatically after passing our automated checks for sources, wording and safety. It may not have been reviewed by a person yet. Report a correction.