By Rajendra Jadhav and Polina Devitt
Reuters
via The Straits Times, Singapore
Tuesday, December 30, 2025
For nearly two decades, Mumbai homemaker Prachi Kadam marked every festive season with a gold jewelry purchase, blending tradition with personal style.
2025's record rally in prices, however, led her to choose a 10-gram gold coin instead of necklaces or bangles.
... Dispatch continues below ...
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Tuesday, December 30, 2025
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"I like jewelry because it can be worn during functions, but it' hard to justify paying an additional 15% in making charges,"said Ms Kadam, who, like millions of Indians, considers buying gold during festivals to be auspicious.
“So I settled for a 10g coin this time,” she added.
Her decision reflects a broader shift in India, one of the world’s largest gold markets and where the metal holds deep cultural and financial significance. With prices heading for their biggest annual gain in 46 years, consumers are increasingly turning away from jewellery towards small coins and bars. ...
... For the remainder of the report:
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