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Tag: indian jewellery

India’s Jewellery Retail Sector Surges By $30 Billion In 6 Years: Report

Posted on June 19, 2024 By admin
India’s Jewellery Retail Sector Surges By  Billion In 6 Years: Report

The daily wear jewellery accounts for 30-35 per cent of the Indian jewellery market. New Delhi: India’s jewellery retail sector has surged to $80 billion (Rs 666,480 crore) in the financial year 2024 from $50 billion in 2018, according to a report by Motilal Oswal Financial Services. The report highlighted multiple drivers that led to…

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India’s gold demand to rise in 2024 despite subdued March quarter: WGC

Posted on January 31, 2024 By admin
India’s gold demand to rise in 2024 despite subdued March quarter: WGC

The World Gold Council expects India’s gold demand to rise in 2024 despite higher prices. File | Photo Credit: Reuters MUMBAI India’s gold demand is expected to be subdued in the first quarter of 2024 due to lower jewellery sales, but annual demand is anticipated to rise as consumers adjust to higher prices, the World…

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