Tanishq, Malabar, Joyalukkas hold 22K gold near ₹13,275-13,490/gram as silver tops ₹2.44 lakh/kg
Retail jewellery prices steadied June 25 with Tanishq quoting 22K at ₹13,275/gram, Malabar at ₹13,490 and Joyalukkas at ₹13,370. 24K crossed ₹1.44 lakh/10gm in Delhi and ₹1.45 lakh in Chennai, while silver held ₹2,44,900/kg in Delhi — a stiff backdrop for festive and wedding-season footfall.
What happened
Gold and silver retail prices held steady on June 25 amid a stronger dollar. Tanishq quoted 22K at ₹13,275/gram, Malabar at ₹13,490, Joyalukkas at ₹13,370, with
Key facts
- 24K gold ₹1,44,470/10gm Delhi
- 24K gold ₹1,45,630/10gm Chennai
- Silver ₹2,44,900/kg Delhi
- Tanishq 22K ₹13,275/gram
- Malabar 24K ₹14,433/gram
- MCX gold ~₹1.40 lakh/10gm
Why this matters
Sustained bullion highs widen the working-capital moat for scaled chains, opening room to consolidate regional jewellers and lock in gold-on-lease partnerships before wedding-season inventory builds peak.
What to watch
- 22K crossing ₹13,750/gram at any top-3 chain
- Rupee breaching 86.5/USD or COMEX gold above $2,400
- RBI gold reserve additions or import duty tweak chatter
- Listed jeweller same-store volume disclosure turning negative
- Silver/gold ratio compressing below 75 sustaining silver buying
- Track Titan/Kalyan/Senco Q1 pre-quarterly updates for grammage vs value commentary
- Watch for chain-led making-charge waivers or EMI scheme launches before Aadi/Onam
- Monitor silver ETF and coin demand as substitution play above ₹2.44 lakh/kg
- Check WGC India quarterly demand mix for jewellery vs bar-and-coin split