Gold jewellery retailers’ volume decline to ease to 4-6 pc in FY27: Crisil
Organised retailers are expected to gain market share as consumers increasingly prefer established brands offering greater transparency. Gold exchange programmes and savings schemes are also supporting demand. Consumers,…
Attributed summary
Organised retailers are expected to gain market share as consumers increasingly prefer established brands offering greater transparency. Gold exchange programmes and savings schemes are also supporting demand. Consumers, however, remain price-sensitive and are shifting towards lighter-weight and lower-carat jewellery. Investment demand for coins and bars, which accounts for nearly 40 per cent of overall gold demand, is projected to decline 4-5 per cent this fiscal.
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