×
215
Fashion Jobs
CORPORATE MANPOWER
Requirement - Operations Manager
Permanent · Kolkata
DR LAL PATHLABS
Area Sales Manager - Vijayawada
Permanent · Vijayawada
SNAPSEAARCH
sr Production Manager For Hyderabad _api
Permanent · Hyderabad
ALLEGIS GROUP
Opening For Sales Manager - Chennai
Permanent · Chennai
GOODWEAR FASHIONS
Fresh Trainee Customer Service
Permanent · NEW DELHI
ADIDAS
Manager HR
Permanent · BENGALURU
SV MANAGEMENT CONSULTANTS
dy. Manager/ Shift in Charge - Production - Indore
Permanent · Indore
UNISON INTERNATIONAL CONSULTING
Garment Technician
Permanent · National Capital Region
WAYCOOL FOODS AND PRODUCTS
Area Sales Manager/ Sales Officer
Permanent · Chennai
VAMSHA RETAIL VENTURES
Foor Manager - Retail Garment Showroom
Permanent · Mayiladuthurai
VAMSHA RETAIL VENTURES
Branch Manager - Retail Garment Showroom
Permanent · Mayiladuthurai
HERITAGE FOODS
Required Area Sales Manager - Vijayawada @ Heritage Foods Ltd
Permanent · Vijayawada
RASHMI GROUP MUMBAI
Sales Managers/ Executives (Real Estate) Location: Vasai
Permanent · Mumbai
DTDC EXPRESS
Sales Manager
Permanent · National Capital Region
RJCUBE STAFFING SOLUTIONS
Senior Garment Technician For Buying House, Noida Sector 59
Permanent · Noida
HIRING PLUS HR SOLUTION
Icici / Sales Manager / Home Loan ,
Permanent · Vadodara
TALENT CORNER HR SERVICES
Production Manager
Permanent · Bhiwandi
ABS HR SOLUTIONS
Asst. Manager Forecasting, Merchandising &Scm For Beauty Brand(Gurgaon
Permanent · National Capital Region
MANPOWERGROUP SERVICES INDIA
Unit Sales Manager-Field
Permanent · Chennai
SUPER PLAS WASTE MANAGEMENT LIMITED
Production Manager
Permanent · National Capital Region
AFT RECRUITERS
Hiring For Ecommerce Manager For Apparel Company, Jaipur
Permanent · Jaipur
INDUSIND BANK
Area Sales Manager - Loan Against Property
Permanent · Chennai
Published
May 18, 2018
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

WGC has positive outlook on the future of India's gold jewellery market

Published
May 18, 2018

On May 18, the World Gold Council (WGC) disseminated a report that showed a positive outlook for the future of India’s gold jewellery market, despite a prediction of future pressure on the industry.

On May 18, the WGC shared a report including predictions for the future of gold jewellery in India - Eina Ahluwalia- Facebook


The WGC has listed India and China as the world’s two largest jewellery buying markets and has predicted that demand will increase in India in the long term, despite pressure, due to shifting demographics in the country. The report, entitled “Gold 2048: The Next 30 Years for Gold”, stated that jewellery demand will continue to grow in developed markets but that real growth will take place in emerging markets in India, such as from newly wealthy rural customers.

John Reade, the Head of Research and Chief Market Strategist at the WGC, said: "In the near term, Indian gold demand will increase substantially if the government is successful in its ambition to dramatically increase rural income." However, Reade also said that such growth would be expected to slow down somewhat in the long term.

The report predicted that, India, gold will continue to be considered one of the main designators of wealth but that other products will also become more prevalent. As younger generations tend to value expensive electronics over gold jewellery, this prediction seems likely.

The report also noted India’s potential for recycling gold, of which it has around 25,000 tonnes of stock. This could decrease the need for importing such a large amount of gold, the report said. India’s gold jewellery market is becoming increasingly organised and this trend is also expected to continue, according to the WGC.

Copyright © 2023 FashionNetwork.com All rights reserved.