What percentage of annual gold jewelry sales in India typically occurs during the Diwali shopping season?

The Festival of Lights isn't just a cultural celebration—it's also one of the world's most significant shopping events. During Diwali, retailers across India and in Indian diaspora communities worldwide experience their highest sales volumes of the year. This traditional shopping period has evolved from purchasing new clothes and gifts to becoming a full-scale retail phenomenon with specialized marketing strategies and customer experiences tailored specifically for the festival season.

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