8 357
Fashion Jobs
SHINE
Senior Account Manager - Paid Search
Permanent · CHENNAI
SHINE
Social Media & Ecommerce Manager
Permanent · HYDERABAD
BENCHMARK SERVICES
Area Sales Manager - Sme Lap With Top Nbfc Company
Permanent · AHMEDABAD
GENIUS CONSULTANTS
Opening For Territory Sales Manager OR Area Business Manager
Permanent · NASHIK
TALISMAN HR SOLUTIONS
Area Sales Manager (Transportation & Logistics Company)
Permanent · AHMEDABAD
AUXIN RECRUITMENT CONSULTANTS
Area Sales Manager | Lap | Hyderabad
Permanent · HYDERABAD
BERGER PAINTS
Area Sales Manager Wood Coating
Permanent · ROHTAK
360 REALTORS
Hiring -Team Leader/ Sales Manager / Relationship Manager| Pune
Permanent · PUNE
LEVI'S
Senior Supply Planner
Permanent · BENGALURU
ADIDAS
Manager -Tech Infrastructure
Permanent · CHENNAI
ADIDAS
Senior Specialist - Finance Operations FP&A
Permanent · CHENNAI
ADIDAS
sr. Manager Merchandising Ecommerce - em Hub
Permanent · GURUGRAM
ADIDAS
sr. Manager- DPC Partner Program
Permanent · GURUGRAM
L'OREAL GROUP
Online Brand Manager
Permanent · MUMBAI
L'OREAL GROUP
Retail And Education Manager - Ysl
Permanent · MUMBAI
JCPENNEY
Senior Manager
Permanent · BENGALURU
DAMYAA PJ FOODS
Area Sales Manager/Regional Sales Manager
Permanent · ROHTAK
ON TIME SOLUTIONS
Branded Fmcg Company Opening For Area Sales Manager in North Kerala
Permanent ·
HECTOR AND STREAK CONSULTING
Sales Engineer / am / Manager - Ups
Permanent · MUMBAI
HDFC LIFE
Hiring For Associate Area Manager-Abp Channel
Permanent ·
SAHAJ PHARMA
Production in Charge - (Synthetic Iron Oxide Pigment)
Permanent · DAHEJ
STONELAM SURFACES LLP
Area Sales Manager- Project Sales
Permanent · CHENNAI
Published
Nov 6, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Dhanteras gold sales expected to fall flat

Published
Nov 6, 2018

Sales of gold and jewellery for the Dhanteras festival this year are predicted to have fallen flat due to lowered rural demand,  the chairman of the All India Gem and Jewellery Domestic Council said on Tuesday.


Dhanteras gold sales are expected to fall flat due to lower rural demand - Malabar Gold & Diamonds


Dhanteras, a time when gold jewellery is often given as a gift, is an important time for jewellery brands. However, as gold prices have remained high, most gold demand has been limited to lighter weight jewellery items.

Although Dhanteras should see gold sales pick up compared to previous months, this means little as it is usually a busy time. “Dhanteras sales this year is expected to be flat though it is better than the last few months when demand was muted,” Nitin Khandelwal, the chairman of the All India Gem and Jewellery Domestic Council, told ET Bureau. “Rural sales may not see a significant increase over last year as farmers are yet to get MSP.”

Saurabh Gadgil, the vice president of the India Bullion and Jewellery Association, told ET Bureau that “sales could go up by 5-10 per cent at the best,” comparing sales to 2017. This increase, however, is expected to come from more lightweight and therefore cheaper jewellery sales.

A total of 60 percent of India’s total annual gold consumption comes from rural India, according to ET Bureau. As many farmers have not managed to get minimum support prices for their crops yet this year, they had less purchasing power for the Dhanteras festival.

Copyright © 2024 FashionNetwork.com All rights reserved.