‘Retail jewelers likely to recover’

‘Retail jewelers likely to recover’

According to a report, the demand for retail jewelers is likely to increase by 30-35% in the next financial year, despite the steep fall in gold prices and fall in the results.

There was strong demand decline in Q3 FY21 due to festive season, pent-up wedding demand and a 10% improvement in gold prices during the festive period last August, India Ratings said in a report, stabilized by a revision in sectoral outlook To stabilize is negative.

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