Organised jewellers seen sustaining growth despite 80% surge in gold prices: Nuvama

India's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report good revenue and customer interest. This trend is expected to continue into the next quarter. However, a recent duty hike may cause a temporary slowdown. Consumers are adapting by choosing lighter jewellery and investing in gold bars and coins.