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Kancheepuram silk saris: Gold price spike pushes Kancheepuram silk saris prices by 50%, sales plummet

As the wedding season approaches, families shopping for Kancheepuram silk saris face sticker shock due to soaring gold prices, prompting a shift in consumer preferences. Retailers like RmKV report a 20% decline in sales, while industry insiders reveal a staggering 50% price hike over the past eight months.
Tamil Nadu Kancheepuram Silk Saree Manufacturers Association Ks Parthasarathy Handloom Weavers Association Geographical Indication

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