Deloitte: 86% Indians View Jewellery as Core Wealth Asset, Rivaling Market Instruments
Personal Finance
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CNBC TV1807-01-2026, 14:08

Deloitte: 86% Indians View Jewellery as Core Wealth Asset, Rivaling Market Instruments

  • 86% of Indians consider jewellery a core wealth asset, nearly matching market-linked instruments like mutual funds and equities (87%).
  • Jewellery buying is multi-faceted: 56% buy for investment and fashion, 28% purely for investment, especially among older demographics.
  • Younger consumers (Gen Z, millennials) prefer lightweight, minimalist designs and diversify into silver (51% Gen Z) and platinum (34%).
  • Purchase occasions are broadening beyond weddings to birthdays, anniversaries, and daily wear, with rings, chains, and earrings popular.
  • Despite digital discovery, over 85% of purchases are offline; retailers face margin pressures, needing improved inventory and omnichannel strategies.

Why It Matters: Jewellery is a hybrid asset in India, blending financial investment with evolving lifestyle and fashion trends.

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