Indian jewellers gear up for next festival as gold sales pick up pace

Topics Jewellers | Gold sales | Diwali


By Rajendra Jadhav and Nakul Iyer BENGALURU/MUMBAI (Reuters) - Healthy sales during a recent festival encouraged Indian jewellers to continue stocking up this week, while more supply started to make its way into Singapore and Hong Kong as dealers navigate around COVID-19-led bottlenecks. Indians celebrated the Dussehra festival on Sunday, and now await Diwali and Dhanteras in November.

"Dussehra sales gave confidence to jewellers. They're now buying for Diwali," said a Mumbai-based dealer with a bullion importing.

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