Gold jewellery prices climbed on Friday across India’s leading retail chains, with Tanishq setting the benchmark for 22k gold at Rs 13,320 per gram.
The increase was mirrored by other major players including Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas, signaling a broad-based repricing in the domestic consumer market.
The move marks a reversal of the brief respite seen earlier in the month.
Retail prices had dipped on June 23 and again on June 29, offering temporary relief to consumers amid a volatile trading environment.
However, the latest uptick suggests that underlying support for the precious metal remains robust, driven by persistent safe-haven demand and shifting central bank reserve strategies.
This development aligns with broader market sentiment that has kept gold prices elevated.