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
High gold prices to hit jewellery sales volume; revenue to grow 13-15%
The New Indian Express Sambalpur
|April 24, 2025
THE ongoing rally in gold prices, which crossed the psychological $3,500/ounce mark on the global market on Tuesday and ₹1 lakh/10 gram in the domestic market, is set to eat up the sales volume of organised gold jewellery retailers by 9-11% this financial year.
Total sales volume may touch ₹4.5-5 lakh crore for the industry in FY26. However, given higher prices and realisations will help retailers clock 13-15% growth in revenue, Crisil Ratings said in a note on Wednesday. This comes on the back of four straight years of over 20% revenue growth. Volume, however, has remained subdued with consumers purchasing smaller quantities amid budget constraints due to higher prices.
यह कहानी The New Indian Express Sambalpur के April 24, 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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