India's gold market faces headwinds despite Titan's festive sales surge

Core Viewpoint - Titan Co., India's leading jewellery maker, is experiencing a decline in customer demand due to record-high gold prices, which is impacting the second-largest bullion market in the world [1] Company Summary - Titan Co. is facing cautious consumer behavior as high gold prices are leading to reduced demand for jewellery [1] Industry Summary - The jewellery market in India, being the second-largest bullion market globally, is currently affected by the rising gold prices, which are dampening overall demand [1]