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Gold Demand in India Drops 16%, Value Surges 23%: WGC

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India’s gold demand witnessed a notable divergence in the July–September 2025 quarter, as soaring prices weighed on jewellery purchases even while the total value of demand surged, according to the latest data from the World Gold Council (WGC).

Total gold demand fell 16% year-on-year to 209.4 tonnes, compared to 248.3 tonnes in the same quarter last year. The contraction was primarily led by the 31% decline in jewellery demand by volume, reflecting consumer caution amid record-high prices that consistently hovered near historic peaks during the quarter.

However, despite the slump in volumes, the value of gold demand rose sharply by 23%, reaching Rs.2,03,240 crore, up from Rs.1,65,380 crore a year earlier. This surge underscores gold’s resilience as an asset class, as investors continued to view it as a stable store of value amid economic uncertainty and market volatility.

According to the WGC, the price-sensitive Indian consumer responded by opting for lighter-weight jewellery, token purchases, and increased investment in bars, coins, and ETFs. The report also noted that the outlook for the October–December festive quarter remains positive, supported by improved sentiment, the onset of the wedding season, and expectations of more stable gold prices.

Analysts suggest that while jewellery demand may take time to normalize, the strong investment appetite signals a deeper structural shift — one that reaffirms gold’s enduring appeal as both a cultural and financial asset in Indian households.

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Tamannaah Bhatia Unveils “Tamannaah Fine Jewellery” Label Rooted in Everyday Elegance

The actress steps into entrepreneurship with Tamannaah Fine Jewellery, a modern fine jewellery line designed for comfort, versatility, and effortless day-to-night wear.

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Actress Tamannaah Bhatia has entered the fine jewellery space with the launch of her own label, Tamannaah Fine Jewellery, marking a new chapter in her creative journey. Known for her strong screen presence and distinctive personal style, Tamannaah brings her off-screen fashion philosophy to life through a collection that champions modern minimalism, wearability, and quiet luxury.

Launched through a sleek, fashion-forward digital film, the brand signals a shift away from occasion-centric jewellery towards pieces designed for real, everyday movement. Rooted in the idea of “modern better basics”, the collection focuses on elevated essentials that strike a balance between casual sophistication and understated glamour.

The debut line features a thoughtfully curated mix of contemporary mangalsutras, solid gold hoops, piercing-friendly designs, bold chains, and diamond-studded statement pieces. Crafted in gold and diamonds, the jewellery is designed to transition seamlessly from workdays to evenings out—without compromising on comfort or style.

What sets Tamannaah Fine Jewellery apart is its strong emphasis on wearability. Each piece is designed to move with the wearer, blending effortlessly into daily routines—be it an early morning meeting, a personal moment, or a celebratory dinner. With clean lines, neutral aesthetics, and timeless appeal, the designs are easy to style across outfits, moods, and moments.

By steering clear of fleeting trends and seasonal cycles, the brand positions itself as a destination for everyday fine jewellery that feels personal, powerful, and enduring—a reflection of Tamannaah Bhatia herself.

With this launch, Tamannaah Fine Jewellery redefines what fine jewellery looks like today: modern, versatile, and made to be lived in.

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