From The Tribune
Center Owned by The Tribune TrustGold retailers’ revenue to rise up to 23% as volume decline moderates this fiscal: Crisil
What's behind this
Jewellers anticipate that a fall in gold prices will boost sales of Dhantera jewellery, with coins and bars expected to lead the market as investors and gift‑givers show interest, according to stakeholders. The decline in gold prices comes as the Indian wedding season starts, offering buyers a chance to purchase jewellery. As of October 21, 24‑karat gold was priced at Rs 1,46,270 per 10 grams and 22‑karat gold at Rs 1,34,081 for the same weight, according to a bullion website.
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center · 1 outlet
India's organised gold jewellery retailers are expected to see a slower decline in sales volumes this fiscal, with revenue projected to grow 21-23 per cent despite elevated gold prices, while their credit profiles are likely to remain resilient on the back of healthy cash flows and controlled…
RSS excerpt
India's organised gold jewellery retailers are expected to see a slower decline in sales volumes this fiscal, with revenue projected to grow 21-23 per cent despite elevated gold prices, while their credit profiles are likely to remain resilient on the back of healthy cash flows and controlled…
