๐ Stocks & Economy๐ฎ๐ณ India
Gold Hits 6-Month Low โ Bad News for India's Jewellery Season
CNBCยทFriday, 12 June 2026
Gold has fallen to its lowest level of the year, weighed down by rising interest rate fears and weak technical signals. The metal is currently out of favour with investors despite inflation concerns. Bullion prices are under pressure as potential rate increases dampen demand.
Why It Matters
India is one of the world's biggest gold buyers โ cheaper gold affects everything from wedding jewellery costs to the earnings of jewellery stocks like Titan and Kalyan Jewellers.
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