Gold jewellery sales may fall 13-15% in FY27 to 10-year low: Study

India's gold jewellery retail sector is expected to see its sharpest demand slowdown in a decade, a Crisil Ratings report showed. Sales volumes are projected to fall 13-15% this fiscal after an 8% drop last year, taking overall demand to its lowest level in 10 years, excluding the pandemic-hit year. The Centre recently raised customs duty on gold to 15%.