मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Runaway gold prices nudge buyers to studded jewellery
Mint Kolkata
|June 16, 2025
Sales data indicates a shift towards lighter and more affordable precious stone jewellery
A sharp rally in gold pushed many price-conscious Indians to choose studded jewellery instead of plain gold jewellery in the March quarter, sales data of leading retailers showed.
At Titan Co. Ltd, India's largest jewellery retailer by revenue and market capitalization, sales of diamond-studded jewellery grew 12% from a year earlier, while overall domestic jewellery sales grew 23.4%.
Studded jewellery accounted for 30% of its domestic jewellery business during the quarter.
The story was different at its rivals.
At Kalyan Jewellers Ltd, the second biggest gold retailer, studded jewellery sales grew 47.6% from a year earlier, compared to 38% in domestic jewellery sales.
Studded jewellery accounted for 31% of Kalyan's revenue in the country in the fourth quarter.
Senco Gold and Diamonds and PN Gadgil Jewellers witnessed the same trend.
यह कहानी Mint Kolkata के June 16, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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