Gold Prices Drop Boosts Dhanteras Jewellery Demand in Mumbai
Jewellers in Mumbai are optimistic about Dhanteras sales due to a significant drop in gold prices, which has improved consumer sentiment. Demand is rising for lightweight jewellery and small-ticket items, though sales volumes are expected to remain flat year-on-year. The All India Gem and Jewellery Domestic Council Chairman Rajesh Rokde noted that sales value may grow by 20-30%, despite inflation and drought concerns in Maharashtra.
Economic Times··Mumbai



