Jewellery Wikipedia
Surging gold prices in India are leading some individuals to exchange their gold jewellery for brand spanking new items, particularly through the wedding season. Higher costs are driving more Indians to reuse their gold, and whereas consumers are purchasing for weddings, total demand is relatively subdued. In 2023, India witnessed a shift in client demand, as sales of low-priced items declined whereas luxury gadgets surged, marking a notable development. Companies tailored by targeting affluent customers to offset decreased sales and declining margins, highlighting a clear cut up in consumer preferences in path of premium products amid market challenges.
During the …
Continue Reading