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Akshaya Tritiya: Jewellery retailers rejoice marginal dip in gold prices, expect double-digit growth, ET Retail

Akshaya Tritiya: Jewellery retailers rejoice marginal dip in gold prices, expect double-digit growth, ET Retail
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Bhima Jewellers Adds 3,000 sq ft Space in its HBR Outlet Making the Total Capacity to 6,500 sq ft

Bhima Jewellers Adds 3,000 sq ft Space in its HBR Outlet Making the Total Capacity to 6,500 sq ft
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Bhima Jewellers Expands HBR Outlet with an Additional 3,000 Sq Ft, Doubling Its Size

Bhima Jewellers Expands HBR Outlet with an Additional 3,000 Sq Ft, Doubling Its Size
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Gold price hits record high ahead of Gudi Padwa and Ugadi

Gold price hits record high at Rs 71,080 per 10 gm, impacting jewellery sales before Hindu festivals. Silver also peaks. Sector braces for tepid demand amidst geopolitical tensions and interest rate cut prospects.

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Gold rises to new high of Rs 71,080, denting demand

Rising prices of precious metals come ahead of Gudi Padwa and Ugadi, the auspicious day on the Hindu calendar marking the beginning of New Year in certain parts of the country. The price surge has dampened mood among potential customers who prefer to buy gold to celebrate this auspicious day, which will fall on April 9 this year.

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