New Delhi, June 15 -- India's organised jewellery sector is expected to maintain healthy growth momentum in the near term, supported by robust wedding and festive demand, even as gold prices have surged more than 80 per cent year-on-year, according to a report by Nuvama Research.

The report noted that jewellery demand remained resilient during the fourth quarter of FY26 despite record-high gold prices, with leading retailers reporting strong revenue growth and improved customer traction.

"Driven by weddings and festivals, jewellery demand has maintained a steady momentum in Q4FY26 despite an 80%+ surge in gold prices," said Nuvama Research.

The brokerage expects demand trends to continue into the first quarter of FY27, although it caut...