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The Economic Times
The Economic Times
Business

Senco witnesses 6% drop in gold sales; customers bullish on silver, diamond

Senco Gold Limited reported a six per cent drop in gold volumes in financial year ending March 2026, while silver and diamond sales grew 35 per cent and 9 per cent respectively.

Citing high gold prices, Senco said, "Exceptional price rise led to a normalized 6% YoY reduction in gold volumes in FY26. Silver volumes surged by 35% YoY in FY26 as consumers prioritised long-term value. Similarly, diamond volumes also grew 9% YoY in FY26, clearly indicating demand for natural diamonds as a first choice."

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