Rising gold prices to dent organised retailers’ volumes by 9-11% in FY26
Organised Gold Jewellery Retailers: This follows four consecutive years of over 20% revenue growth, which has expanded the industry 2.5x since FY21, even as volumes remained subdued amid elevated prices and constrained consumer budgets. “Despite rising prices, we expect another year of strong revenue growth, supported by premium realisations, continued formalisation, and deeper penetration in Tier 2 and 3 cities,” said Himank Sharma, Director, Crisil Ratings. “However, ticket sizes are likely to remain constant, leading to lower caratage and grammage.” | Source: ETRetail.com
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