Volume drop, buying shift: How high gold rates are impacting jewellery ind | Markets News
Despite a robust wedding season and sustained consumer interest, the jewellery industry is witnessing a sharp decline in volumes—down over 30 per cent—as gold prices have surged more than 70 per cent year-on-year (Y-o-Y), according to a recent channel by PL Capital. However, demand patterns are evolving, with consumers increasingly opting for…