NAC Jewellers sees festive demand reviving from August despite cautious buyers

Chennai-based NAC Jewellers expects festive and wedding demand to pick up from August even as falling gold prices keep buyers cautious. Old jewellery exchanges drive 30-60% of business, with South Indian buyers favouring 22-carat gold while younger consumers lean toward lightweight 18-carat and 14-carat diamond pieces.

— Filed Wed, 1 Jul, 2026, 15:34 IST · Source CNBC-TV18 · Companies · Updated

Chennai-based NAC Jewellers expects festive and wedding demand to recover from August despite cautious buyers amid falling gold prices. Old jewellery exchanges are strong; South Indian buyers favor 22-carat gold, while lightweight diamond jewellery gains among younger consumers.

Why this matters

NAC Jewellers signals a seasonal demand shift for the Chennai-based retailer, with old jewellery exchanges and evolving carat preferences shaping its festive and wedding season strategy.

Retail-brand theme steady with 2,233 signals over the trailing 90 days.