Platinum demand in China takes centre stage; poised to be more influential than ever
June 5, 2025
True Diamond bags $3 Mn from India Quotient and others
June 5, 2025Jewellery sales dip 30% in India past fortnight as gold prices rise
Gold jewellery sales in India fell 30% to 1,600 kg on average in the past fortnight, according to the India Bullion & Jewellers Association (IBJA), as prices shot up nearly 5%.
In the first fortnight of May, which was followed by Akshaya Tritiya, there was some momentum as prices started falling, touching Rs 92,365 per 10 gm on May 15. But since then, the price of the yellow metal has again started to move northwards, which has dampened the demand,” said Surendra Mehta, national secretary, IBJA.
