Delhi is the central distribution node for North India's gold trade. Chandni Chowk and Karol Bagh handle wholesale distribution, while South Extension caters to ultra-luxury consumption. Delhi jewellers are increasingly pivoting to 14K/18K pieces and lab-grown diamonds in response to elevated gold prices. The city's supply is anchored by massive nearby refineries like MMTC-PAMP in Nuh. Silver is dominated by the historic Dariba Kalan market, one of the oldest continuous precious metals markets in the country, operating since the 17th century. With a vast network of artisans and wholesale dealers, Delhi remains one of the most important gold jewellery markets in all of India.

Regional Styles: Delhi's jewellery market spans from traditional Mughal-inspired Jadau and Polki work in Chandni Chowk to contemporary diamond-studded designs in South Extension boutiques.

Local Jewellers: Bansal Jewellers (Chandni Chowk), Amba Jewellers (Lajpat Nagar), Dhirsons Jewellers (South Delhi), Hazoorilal Legacy (South Ex)

Buying Tips

• Chandni Chowk is unmatched for bridal variety, but strictly enforce HUID verification.
• Karol Bagh offers highly negotiable making charges.
• Dariba Kalan provides wholesale rates on silver utensils.

Did You Know?

• Dariba Kalan has functioned as a dedicated silver and gold market since the 17th century.
• Delhi is leading the national retail adoption of lab-grown diamonds mounted in 14K gold.