Kiara Jewellery opens two new branches amid surge in festive gold buying
With the onset of India’s festive season, gold demand is surging across the Gulf, with Dubai jewellers reporting a marked uptick in sales ahead of Dhanteras and Diwali. Premiums on bullion in India have touched their highest levels in over a decade, with prices reaching as much as $25 per ounce above official domestic rates, reported khaleejtimes.com.
India’s easing inflation and robust imports boost gold appetite ahead of Dhanteras and Diwali.
Gold and silver imports into India have strengthened notably in the weeks leading up to the festivals as retailers and banks stock up on inventory
Retail inflation in India dropped to 1.54% in September 2025 — the lowest in eight years — improving consumer spending capacity and further fuelling festive demand for precious metals.
At the same time, business sentiment in the UAE remains upbeat. Growth in new orders and strong retail performance across key sectors have reinforced Dubai’s reputation as a global jewellery hub — making it an ideal market for luxury retail expansion.
Capitalising on this momentum, Kiara Jewellery has opened two new outlets in Dubai, timed perfectly to align with peak festive buying patterns. “The decision to open these stores ahead of Dhanteras and Diwali reflects both cultural significance and business foresight,” said co-founder Ada Panday.
The expansion comes as more patrons and jewellery enthusiasts seek intricate gold and diamond creations that blend tradition with contemporary design — a hallmark of the festive season.
