Gold eyeing Rs 2 lakh/10g: jewellery retailers brace for margin and demand shock
Experts project gold breaching Rs 2 lakh per 10g, a category-level jolt for Tanishq, Kalyan Jewellers, and Malabar Gold. Higher tickets threaten volume elasticity, weigh on making-charge realisations, and reshape festive and wedding-season buying patterns across India's organised jewellery retail.
Experts forecast gold prices crossing Rs 2 lakh per 10g, a category-level signal materially affecting Indian jewellery retailers like Tanishq, Kalyan, and Malabar on margins, demand elasticity, and festive/wedding-season buying behaviour.