‘Dhanteras, Diwali Buying Trends: Consumers Opt For Lighter Jewellery’: IAGES

'Dhanteras, Diwali Buying Trends: Consumers Opt For Lighter Jewellery': IAGES

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Gold buying trends this Dhanteras and Diwali reflect changing consumer preferences amid price volatility. According to IAGES, demand ahead of the festive and wedding season remains encouraging. Given below is the full interaction with Kaushlendra Sinha, CEO – IAGES (Indian Association for Gold Excellence and Standards).

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Q. How is festive demand for gold and silver this year, what are the trends emerging among consumers?

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A. Demand for gold ahead of Dhanteras, Diwali and the wedding season looks encouraging this year, thanks to the recent drop in gold prices. With prices down by nearly 20 percent, consumers can now buy an additional 20 percent gold with the same budget. Consumers should take advantage of this window and indulge in advance festive buying, stabilising the retail landscape for these busy months.

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In terms of trends, we see a huge shift in the way consumers are consciously seeking accredited gold jewellers this year. The IAGES Accredited Partners directory is getting increasing traction during these festive months, indicating that more consumers are choosing trusted, authentic and responsible gold that have been assessed and verified across their business practices.

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Q. How is gold and silver…

Original source: https://www.timesnownews.com/business-economy

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