National News
Senco Gold & Diamonds launches affordable 9k gold jewellery starting under ₹7,000, a Game-changer amid fluctuating gold prices this Dhanteras
Senco’s 9K Gold Jewellery Collection Offers Real Gold Within Reach for More Indians this Festive Season
In a festive season game-changer, Senco Gold & Diamonds has unveiled its all-new 9-carat gold jewellery collection with prices starting at under Rs. 7,000! A bold move that brings real gold within reach of more Indians this Dhanteras and Diwali. At a time when skyrocketing gold prices are keeping many buyers on the sidelines, this launch marks a major shift, offering budget-conscious consumers an affordable yet authentic way to celebrate the season with style and sentiment.
Senco Gold & Diamonds continues to lead the industry with its forward-thinking strategies, setting benchmarks in both product innovation and technological adoption. For many consumers, the desire to own gold during the festive season often clashes with the reality of rising prices. As gold rates continue to fluctuate, budget constraints have become a significant barrier even for those looking to make a small but meaningful purchase. Senco Gold & Diamonds is addressing this challenge head-on by offering a new, affordable alternative.
This initiative also aligns with recent efforts by the Government of India and the Bureau of Indian Standards (BIS) to expand the hallmarking framework to include lower karatages like 9K. This ensures authenticity and quality assurance for budget-friendly gold, providing jewellers with a credible way to offer accessible gold products without compromising on trust or transparency.

Suvankar Sen, CEO, Senco Gold & Diamonds Said “With Dhanteras and Diwali being peak occasions for gold buying, this is the right moment to make gold more inclusive. At Senco, we take pride in being first movers, constantly exploring new avenues to enhance customer experience and redefine industry standards. Our 18k and 14K gold collection has seen tremendous acceptance and success among customers seeking a blend of durability, style, and affordability.
Building on this momentum, the introduction of our 9K collection lets us reach an even wider audience, customers who want to own real gold but are held back by high prices. With hallmarking in place and a trusted brand like Senco behind it, consumers can now shop with confidence, knowing they’re getting both quality and value”
The 9K collection is designed for everyday wear and practical luxury, ideal for first-time buyers, festive gifting, or simply indulging in self-love without stretching the budget. The collection features a wide array of styles, including pendants, earrings, rings, and deity-inspired pieces, along with diamond-studded and modern geometric designs—each combining affordability with the elegance Senco is known for.

Joita Sen, Director, Senco Gold & Diamonds added “This Diwali, while people already enjoy buying gold, we want them to experience the joy of owning and expanding their gold jewellery collection with our newly launched 9K range. The strong response to our 18K and 14K collection inspired us to introduce 9K gold – now officially hallmarked as per government standards – making fine jewellery even more accessible.
Though the karatage is lower, the design, detailing, and karigari remain true to Senco’s heritage of craftsmanship. Each piece embodies the same emotion, beauty, and trust that define Senco. Our 9K gold designs are now available online and at select Senco stores across India”
Changing consumer preferences are also playing a big role. With more people, especially younger urban buyers, prioritising lightweight, wearable jewellery, there’s rising acceptance of alternatives like 14K and 9K gold, which offer strength, style, and affordability. Senco’s move into the 9K category taps into this trend, bridging aspiration with accessibility.
More than ornaments, these pieces are a celebration of personal milestones, shared joy, and timeless tradition made attainable for everyone. Whether you’re gifting a loved one or buying your first gold piece, Senco’s 9K collection ensures that this festive season, no one has to hold back from owning gold.
National News
Akshaya Tritiya 2026:Indian Consumers Balanced Record-High Prices With Age-Old Traditions
Narrative Of This Season Was One Of Value Over Volume
In the grand tapestry of Indian traditions, few threads shine as brightly as Akshaya Tritiya. Known as the day of “never-diminishing” prosperity, it is a time when the spiritual and the material converge. This year, as the sun rose on April 19, 2026, the festival once again transformed bustling markets into golden corridors of hope and heritage.
Despite the headwinds of record-high prices—with 24K gold touching nearly Rs. 1,56,000 per 10 grams—the Indian consumer’s bond with the yellow metal remained unbreakable. The narrative of this season, however, was one of “Value over Volume,” as buyers navigated a complex landscape of economic prudence and unwavering faith.
A Legacy of Trust and Gratitude
For established houses, the festival was a validation of decades of service. Kishorkumar Jindatta Shah, Chairman of Chandukaka Saraf, noted the profound emotional connection underlying the commercial activity:

“Akshay Tritiya has always been a symbol of prosperity, and this year, we are truly grateful for the overwhelming response from our customers. The strong sales reflect not just festive sentiment but also the trust our patrons place in us. We sincerely thank our customers for choosing Chandukaka Saraf and being a part of our journey.”
Regional Reverence: The Southern Stronghold
Nowhere was the fervor more palpable than in South India, the ancestral heartland of the festival. Accountable for nearly 40% of national sales, the region saw a unique blend of traditional reverence and modern pragmatism.
Surabi Karthik, State Vice President of IBJA Tamil Nadu and President of the South India Bullion Association, offered a candid look at the regional performance:
“This Akshaya Tritiya, it was truly heartening to see our customers keeping their traditions alive. Gold and silver purchases flowed in on this auspicious day. However, we must be honest—the volumes, especially across Tamil Nadu, were lower than expected. There are two primary catalysts for this dip: a surge in heavy buying that had already occurred between October and February, and the restrictive Election Code of Conduct, which dampened market sentiment.”

Dr. Chetan Kumar Mehta, President of JAB-CMD at Laxmi Diamonds, Bengaluru, observed:

“This Akshaya Tritiya witnessed robust jewellery sales across South India, reflecting sustained consumer enthusiasm. With Akshaya Tritiya having its origins in South India, consumers have a strong emotional connection. While the overall volume remained largely in line with last year, the value of purchases saw a noticeable increase, driven by higher gold prices and evolving buying preferences.”
The Shift Toward “Functional Luxury”
The high-price environment of 2026 sparked a creative shift in consumer choice. The trend moved away from heavy, “locker-bound” pieces toward lightweight and versatile designs that offer daily utility.
Dr. Chetan Kumar Mehta highlighted a prominent trend:
“Demand was particularly strong for lightweight jewellery, indicating a shift towards more contemporary designs. Additionally, consumers were actively exchanging old gold for new.”
Ashish Pethe, Partner at Waman Hari Pethe Jewellers, described a balanced market:
“Strong walk-ins throughout the day, balanced traction across gold, silver, and diamond segments, and sustained strength in bullion made this Akshay Tritiya a well-rounded success.”

Resilience Amidst the “Election Environment”
The 2026 season was not without its hurdles. With the nation in the midst of an election cycle, strict regulations on cash movement and the presence of the Model Code of Conduct created a more cautious atmosphere in certain corridors.
Anantha Padmanabhan, CMD of NAC Jewellers, reflected on this unique dynamic:

“Akshaya Tritiya continues to embody prosperity and tradition. This year, we have observed a modest moderation in sales, influenced by the prevailing election environment. However, the intrinsic trust in gold as a timeless asset remains unwavering.”
Gold as Financial Prudence
Perhaps the most significant takeaway from 2026 is the evolving psychology of the Indian buyer. Gold is no longer just an ornament; it is being cemented as a cornerstone of a disciplined financial portfolio.
Dr. B. Govindan, Chairman of Bhima Jewellery, explains this transition:
“The steady demand, despite record prices, reflects a clear shift in customer thinking. Buyers are focusing more on long-term security than short-term price movements. The preference for simple jewellery and investment coins shows that gold is being viewed not just as ornamentation, but as a reliable asset that blends tradition with financial prudence.”

As the doors of the jewellery showrooms closed and the Muhurat ended, one truth remained: whether through a 2-gram gold coin or a contemporary diamond-studded pendant, the spirit of Akshaya Tritiya endured. It is a festival that celebrates not just what we buy, but the enduring legacy of prosperity we hope to leave behind.
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