Gold prices have surged by over 25% in the past year. Last Diwali, gold was priced at ₹62,000 per 10 gm, and it is currently trading at ₹78,500. Meanwhile, silver price currently stands around ₹1 lakh per kg. Gold is expected to touch 80,000 per 10 gm soon.
While a section of gold jewellers are seeing subdued sales, large retailers continue to see good footfall.
"Despite the traditional significance of purchasing precious metals on this day, many consumers are opting to hold back, leading to a noticeable decline in footfall at jewellery stores," Delhi-based Jai Kabra, founder of Resham Group.
Bu hikaye The New Indian Express dergisinin October 25, 2024 sayısından alınmıştır.
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Bu hikaye The New Indian Express dergisinin October 25, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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