From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)India’s gold loan market nearly triples to ₹22.5 lakh crore in three years
What's behind this
On November 5, gold prices in Sangli rose, mirroring gains in global bullion markets after the US midterm election results. The rise was noted ahead of Dhanteras 2026, with current rates for 24K, 22K and 18K gold and silver also listed. Despite the recent increase, jewellers expect a fall in gold prices to stimulate Dhanteras sales, forecasting that coins and bars will lead sales driven by investment sentiment and traditional gifting.
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However, the latest quarter (Q1FY27) shows signs of moderation, with lower disbursement activity and little growth in unique borrowers
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However, the latest quarter (Q1FY27) shows signs of moderation, with lower disbursement activity and little growth in unique borrowers
