Senco Gold, Kalyan, Titan To Goldiam: Why Are Gold Stocks Crashing Today? All You Need To Know

Gold Stocks Crash Today: Shares of Titan, Kalyan Jewellers, Senco Gold, Goldiam International, and other gold stocks saw a sharp crash in the Monday's market opening session. The sharp fall in gold stocks today came as investors reacted to Prime Minister Narendra Modi's speech in Hyderabad over the weekend.

At a Hyderabad event, PM Modi had urged the public to avoid purchasing gold for nearly one year. Apart from appealing to abstain from gold buying, PM Modi also asked citizens to opt for work from home (WFH) measure, and avoid unnecessary travel. PM Modi's recent statement came as the Indian oil marketing companies (OMCs) continue to face massive losses due to rally in brent crude oil price.

"When there is pressure on the supply chain, difficulties increase despite various ideas to overcome the crisis," said PM Modi on Sunday.

During the Corona period, we adopted work from home, online meetings, video conferences and developed many such systems. We had also become accustomed to them. Today, the need of the hour is that we restart those practices, as it would be in the national interest, and we must once again give them priority," he added.

India's Gems and Jewellery Exports At 5-Year Low

In a separate development, India's gems and jewellery export hit to its 5-year low mark in 2026 as shipments to top buyer in the US nearly halved, as per a Reuters report. The sharp decline in the India's gems and jewellery exports hints at the impact of tariffs and duties on the Indian economy. The gems and jewellery exports in the financial year 2026-27 fell to $27.72 billion. The mark was lowest since 2020-2021. India had exported gems and jewellery worth $28.7 billion in the previous year, reported Reuters citing the Gem and Jewellery Export Promotion Council (GJEPC) .

Kalyan Jeweller Share Price Today

Kalyan Jewellers share price opened lower on Monday, May 11, and was trading 8.28% lower at Rs 389.5 per share on BSE at 9:40 am. The gold jewellery stock closed 3.28% higher at Rs 424.65 per share on BSE with a market capitalisation of Rs 43,855.31 crore on Friday. The stock had hit and intraday high of Rs 428.80 per share and an intraday low of Rs 407.15 per share.

Senco Gold Share Price Today

Senco Gold share price crashed nearly 11% during Monday's intraday trading session. The gold jewellery stock was tradoing 10.48% lower at Rs 327.4 per share on BSE with a market capitalisation of Rs 5,361.39 crore at 9:40 am.

Senco Gold share price on Friday ended 6.36% higher at Rs 365.45 per share on BSE with a market capitalisation of Rs 5,986.31 crore. The stock had hit an intraday high of Rs 369.80 per share and an intraday low of Rs 342.5 per share.

Titan Share Price Today

Titan share price was down 6.37% at 9:40 am at Rs 4226 per share on BSE today. The stock had ended Friday's trading session 4.76% gains at Rs 4513.4 per share. The stock had hit an intraday high of Rs 4,601.10 per share and an intraday low of Rs 4,215.0 per share.