As the Indian festive season gains momentum, Dubai-based jewellers are experiencing a surge in demand, particularly for gold and silver products. Kiara Jewellery has strategically opened two new branches to cater to the heightened consumer activity surrounding Dhanteras and Diwali, two of India’s most significant festivals. This move aligns with the broader trend of increased gold and silver imports into India, where premiums on bullion have soared to their highest levels in over a decade, reaching up to $25 per ounce above official domestic prices. The robust demand is further bolstered by India’s annual retail inflation dropping to 1.54% in September 2025, the lowest in eight years, which has enhanced the purchasing power of consumers. Meanwhile, the UAE’s business confidence remains strong, driven by growth in new orders and output across key sectors, including retail. This favorable economic climate has made Dubai an attractive hub for premium retail expansions. Kiara Jewellery’s decision to launch new stores during this period reflects a keen understanding of consumer behavior and cultural significance, offering patrons more options to explore exquisite gold pieces. Co-founder Ada Panday emphasized that the timing of these openings symbolizes both cultural celebration and strategic foresight.
