The revenue of gold jewellery retailers is expected to rise by 12-15 per cent in the financial year beginning April 1, backed by sustained high prices of gold and steady demand, CRISIL Ratings said in a report on Wednesday.
Rising crude oil prices along with Covid-led supply chain disruptions as well as geo-political tensions and inflationary pressures are likely to lend support to gold, Motilal Oswal Financial Services said on Thursday.