×
168
Fashion Jobs
HR CAPITAL CONSULTING
General Manager Operations- Garment Export
Permanent · National Capital Region
THE GLOBAL ZONE HR SERVICES
Production Manager/ Manufacturing/ Engineering/ Engineer/ Production
Permanent · National Capital Region
ADD UR CO LLP
Production Manager
Permanent · Chennai
ADD UR CO LLP
Logistics Manager
Permanent · Chennai
PEEPAL HR ASSOCIATES (OPC) PVT LTD
Ceo Textile Business (Please Read The jd Before Applying)
Permanent · Hyderabad
VERUSCHKA
Social Media And PR Specialist
Permanent · MUMBAI
VERUSCHKA
E-Commerce Manager
Permanent · MUMBAI
H&M
E-Commerce Commercial Manager
Permanent · NEW DELHI
H&M
Area Facility Manager
Permanent · NEW DELHI
SAROJ JALAN
Marketing Strategist
Permanent · KOLKATA
ADD UR CO LLP
Production Manager
Permanent · Chennai
THE GLOBAL ZONE HR SERVICES
Production Manager/ Supervisor/ Incharge
Permanent · Pune
PUMA
Manager - Digital Marketing
Permanent · Bengaluru
THE BANYAN HR CONSULTS
Brand Manager For Leading Women's Wear Garments CO at Coimbatore
Permanent · Coimbatore
GLAN MANAGEMENT CONSULTANCY
Senior Buyer Lingerie (Knits Western Wear) - Retail Brand
Permanent · GURUGRAM
JOB INDIA
Asst. Manager E-Com Operations (Garments Retail) Gurgaon
Permanent · Faridabad
VASTRAKALA EXPORTS
Quality Manager
Permanent · CHENNAI
MINT AND MILK COMMUNICATIONS
Senior Account Executive
Permanent · MUMBAI
PUMA
Manager- Buying (Apparel)
Permanent · Bengaluru
PUMA
Manager- Business Intelligence
Permanent · Bengaluru
PUMA
Manager- Trade Compliance
Permanent · Bengaluru
LEVI'S
Technical Product Manager
Permanent · Bengaluru
Published
Nov 6, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

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 © 2022 FashionNetwork.com All rights reserved.