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Gold demand may hit 10-year low in FY27
MUMBAI: Gold jewellery has not lost its sheen but it may be going out of reach for average Indians as high prices of the yellow metal are pushing people to spend less on new pieces and only stick to essentials. While sales volumes or the amount of gold sold are dropping, sales value, driven by pricing, is growing.
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thehindubusinessline.com
Price volatility keeps India gold demand subdued, China premiums ease
India's gold demand remains low due to price volatility and high import duties, while China sees easing premiums.
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economictimes.indiatimes.com
High gold prices, import duty hike to drag jewellery demand: Crisil
Indian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. Despite this, robust revenue growth of…
