Gold Demand Picks Up as India's Festive and Wedding Season Begins

Gold price outlook: Yellow metal prices cool 26% from record high: What are Indians buying this Dussehra, Diwali?

Indian households are adapting to high gold prices by buying lighter jewellery or choosing coins, bars and ETFs. Gold recovered after a sharp correction, supported by a weaker dollar and lower yields. Analysts see potential festive-season support, but caution that rate hikes could pressure prices.

WGC: India Gold Demand Gains Ahead of Festival Season (

The World Gold Council said in its India gold market update, published on 20 October 2026, that seasonal demand had begun to gain momentum as the market entered the festival and wedding season. The decline in prices in September supported demand, while the discount in the local market narrowed from an average of $66 per ounce in September to $8 as of 16 October. Gold exchange-traded funds recorded their highest net inflows in seven months.

Gold Demand Picks Up as India's Festive and Wedding Season Begins

NEW DELHI: India’s gold demand is picking up as the country rolls into its busy festival and wedding season. Falling gold prices gave families and buyers some breathing room, and jewellers are doing their part rolling out lighter designs, new collections, and exchange programs for old gold to keep customers interested. The World Gold Council’s [...] <p>The post Gold Demand Picks Up as India’s Festive and Wedding Season Begins first appeared on H…

Gold Sparkle Fading or a Golden Buying Opportunity? Consumer Trends Dussehra Diwali

Gold has always been a preferred asset for Indian families, both for investment and festive purchases. During Dussehra, Diwali, and the wedding season, its demand typically witnesses a significant surge. However, soaring gold prices are actively altering the way people approach their purchases. While some households are now opting for lighter jewelry, others are redirecting their focus toward gold coins, bars, or Gold Exchange-Traded Funds (ETFs…