
Jewellers hold off gold buying before festive season
With gold now under $4,000 an ounce, Indian jewellers are postponing purchases in the hope of further price drops. Festive shoppers could see the effect in stock and pricing.
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8 stories in Watches, bags & jewellery · Clear all

With gold now under $4,000 an ounce, Indian jewellers are postponing purchases in the hope of further price drops. Festive shoppers could see the effect in stock and pricing.

Reva Diamonds earned ₹505 million after tax in H1FY27, compared with ₹201 million a year before, as revenue climbed 52%. The jeweller also launched its first store in Jaipur.

Senco Gold will pay ₹68 crore for a 68 per cent holding in August Jewellery, a regulatory filing shows. Payments will come in several tranches, with the deal due to close by February 2027.

Senco Gold has signed deals for a 68 per cent holding in August Jewellery, which runs the Melorra brand, for ₹68 crore. The purchase will happen in stages, with February 2027 set as the target for completion.

Ananya Panday's Piaget timepiece, valued at ₹1.32 crore, pairs a black opal dial with diamonds and blue sapphires set in an 18K white gold case.

Omnichannel jeweller BlueStone is rethinking entry-level offerings and trying new store formats as gold prices rise. According to Mint, its top line grew 44%, though margins and average basket size came under pressure.

Fossil has launched its Swiss-made Signature watch collection in India, with two models priced at ₹57,995 and ₹75,995. The brand also named Sawai Padmanabh Singh as its global ambassador.

Five fresh G-Shock GMC-2500 watches from Casio come with resin or metal straps, water resistance up to 200 metres and a minute hand built to withstand magnetism and shocks, plus a stopwatch, analogue face and two-year battery.