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The second edition of the Kamakhya Gold Outlook event was held at the Jio Convention Centre in Mumbai, coinciding with new all-time highs in gold an
Wedding rush sends India’s gold imports surging to six-year high : Rashtra News A quick glance at social media feeds in India over the past month shows a flurry of weddings as couples rush to tie the knot following a lifting of some virus curbs. About 2.5 million ceremonies are estimated to have taken place
As India's wedding season approaches, millions of ceremonies are expected, offering a $51 billion boost to businesses. Despite economic challenges, increased spending on gold, clothing, and services is anticipated, with a projected 8%-11% growth in associated industries. Despite potential impacts from external factors like the Israel-Hamas war, the festive season is anticipated to contribute significantly to the economy.
For the past four months, 27-year-old dentist Tanu Shreya has spent every spare minute planning her upcoming wedding.
Strong purchases during the October-December festival period, considered an auspicious time to own and wear gold, may underpin the global market.