New Delhi, Nov. 5 -- Jewellery stocks rallied on Thursday, November 5, as gold prices climbed nearly 2% to a two-week high, supported by a weaker US dollar and declining US Treasury yields following a Democratic wave in the US midterm elections. Broader gains across Dalal Street, a sharp decline in crude oil prices and renewed foreign investor buying further lifted investor sentiment.

Motisons Jewellers shares surged 3.9% to Rs.15.55, while Senco Gold gained 3.7% to Rs.322.65. PC Jeweller advanced 3.2% to an intraday high of Rs.16.32, while Kalyan Jewellers rose 2.7% to Rs.544.70. Titan shares gained 2.3% to Rs.4,858.90.

Among smaller jewellery-related stocks, Swarnsarita Jewels India traded at Rs.40.80, up 3.3%, while Omara Ventures In...