India’s love affair with gold isn’t ending anytime soon—but rising prices are definitely changing how people buy it. A new report by ICRA predicts that gold jewellery consumption by volume could drop 9-10% in FY26, thanks...
Union Minister of Commerce and Industries Piyush Goyal stated that reducing the duty on gold from 15% to 6% has increased domestic demand for the metal. He͏͏ also͏͏ encouraged͏͏ Indian-origin͏͏ global͏͏ brands͏͏ to͏͏ showcase͏͏ India's͏͏ tourism͏͏...
Demand ͏for gold in India drop͏ped ͏by up to 15% year-͏on-͏year in͏ the A͏pril-June qu͏a͏rter, as consumers avoided the prec͏ious metal amid risi͏ng prices....
Organized gold jewellery retailers are set to achieve a 17-19% year-on-year revenue growth in fiscal 2025, according to a CRISIL Ratings analysis of 54...
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