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Gold price surge impact: Indian jewellers now betting on diamond jewellery in 14-carat gold instead of 18-carat
Credit: IndiaTimes- Published on April 19, 2024
The surge in gold prices in India has led to a shift in consumer demand for diamond jewellery, with jewellers now introducing 14-carat gold pieces to attract customers back to buying. This trend has prompted jewellers to adapt their offerings, with an increasing number opting for 14-carat gold instead of 18-carat gold when...
Video credit: Oneindia
Published on April 16, 2024 - 02:13
Biz Pulse: Gold Shines Bright Amid Growing Global Turmoil, The Reasons| Oneindia News
Gold prices have surged over 15% in the last three months, making it the best performing asset class since the beginning of 2024. Similarly, silver has delivered returns of over 13% since January 1. Citigroup forecasts gold to reach $3,000 per ounce over the next 6-18 months, driven by inflation and expectations of monetary easing. Geopolitical tensions in the Middle East and Ukraine further bolster gold prices.
#Business #Businessnews #StockExchange #IranIsrael #Businessimpact #Sensex #Nifty #Gold #Businessupdates #Economy #Indianews #Oneindia #OneindiaNews
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