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NAVRATRI JEWELLERY SALES
Old ornaments shine anew as festive gold swaps surgeIn a dazzling seasonal shift, consumers are opting to swap out their vintage gold jewellery for trendy pieces, driving gold exchanges to un...- P N Gadgil Jewellers shares rally 5% after festive season sales soar 65% YoYP N Gadgil Jewellers reported record festive sales, with Navratri and Dussehra revenue up 65% YoY to ₹618 crore. Gold led growth, while dia...
- Gold demand falls over 25% this festive season as buyers cut backGold demand dipped during the initial festive period. India Bullion & Jewellers Association reported a 28% drop. High gold prices dampened ...
- Gold prices rise by Rs 500 per 10 gm ahead of Dhanteras festivitiesGold prices went up by Rs 500 per 10 gm in the physical market today, a day ahead of Dhanteras, dampening the mood of consumers even though...
- Big Bullion Sale: Gold shines amid festive fireworksSales of the worst affected mass-to-mid segment products across categories have also seen a slight improvement in this season with single-d...
- Big bullion sale: Gold shines amid festive fireworksDemand for gold in the country increased about 7.7% by volume to an estimated 42 tonnes and 10% by value to ₹22,000 crore, according to the...
- Dangling a carat: Gold shines brighter this festive season even as battle rages in GazaGold prices, which stood at ₹57,415 per 10 gm before the attacks by Hamas, have shot up to ₹60,612 in the past fortnight. "The upward trend...
- Gold, jewellery glitter as Dhanteras witnesses robust sales this yearDhanteras is regarded as the most auspicious day in the Hindu calendar for buying items like precious metals, utensils and other valuables....
- Inflation to impact gold buying this Dhanteras: World Gold Council"Unlike the Diwali season of 2021, this season may not have the advantage of pent-up demand or savings from muted wedding celebrations fuel...
- Jewellers expecting strong demand during DhanterasWith Indian jewellery market already on the robust recovery path, the jewellers are expecting strong Diwali sales in the Dhanteras as the f...
- Rising Covid-19 cases dampen jewellers' optimism of sales picking up in wedding seasonJewellery is an integral part of Indian weddings. Ornament sellers fear that marriages fixed for the December-January period may get pushed...
- Wedding gold purchase in Diwali causes discrepancySpot gold on MCX has risen by almost 22 per cent year-on-year to Rs 38,630 (ex-GST) this Dhanteras-Diwali.
- TBZ plunges over 10% on poor Q2 resultsFor the September quarter, sales for the company fell 26.8 per cent YoY drop to Rs 326.02 crore.
- Dhanteras gold sales fall 30%; heavy discounts fail to lure buyersJewellers from Gujarat and Delhi, the 2 major markets, said off-take dropped significantly.
- Gold sales halve this year during Navratri, Dussehra on fear of taxman’s scrutinyGold traders are concerned that gold sales would be lacklustre even in Dhanteras.
- Gold demand drops 75%Sales dropped by 60% on Monday in south India that accounts for 40% of the country's total gold consumption.
- 15-20% rise in jewellery, watch sales since mid-October: Bhaskar Bhatt, Titan"People have come out and bought our products. We had always betted on women’s desire to own gold jewellery and this segment is back with a...
- Navratri cheers for gold: Upswing in prices and jewellery salesConsumers are preferring pure gold jewellery over diamond jewellery and lightweight jewellery in particular, is the flavour of the season.
- Diwali loses its shine; gold & silver sales down by 20% & 40% respectively on DhanterasGold jewellery sales are down almost 20% while silver demand has declined almost 40% though the price of the metal softened on Friday by 3%...
- Jewellery sales slacken in third quarterThe 8% fall in the rupee against the dollar since August has forced importers to pay more for the same quantity of gold imported.
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