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Organised jewellers seen sustaining growth despite 80% surge in gold prices: Nuvama
India's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report good revenue and customer interest. This trend is expected to continue into the next quarter. However, a recent duty hike may cause a temporary slowdown. Consumers are adapting by choosing lighter jewellery and investing in gold bars and coins.
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thehindubusinessline.com
Sparkle over gold: Men’s diamond jewellery shines despite soaring gold prices
The men’s jewellery market registered 30% growth last year and the market has tripled since 2020; Once restricted to weddings, men already account for 15% of the total jewellery…
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economictimes.indiatimes.com
Organised jewellers seen sustaining growth despite 80% surge in gold prices: Nuvama
India's jewellery sector anticipates strong growth. Weddings and festivals are driving demand, even with high gold prices. Retailers report good revenue and customer interest.…
