A sharp correction in gold prices has brightened consumer sentiment ahead of Dhanteras on November 6, jewellers say, though sales volumes are expected to stay flat year-on-year. The All India Gem and Jewellery Domestic Council expects value sales to rise 20-30 percent, with lightweight designs and silver gaining favour. High inflation and drought-like conditions in Maharashtra could weigh on demand.
Gold price fall lifts Dhanteras sentiment, volumes seen flat
Source: Moneycontrol