Old is gold, new is expensive—Why more people are exchanging gold jewellery instead of buying: Explained
As gold prices have soared over 50% this year, shoppers are swapping their old jewellery for new pieces instead of investing more funds, turning the festive season into a gold exchange bonanza.According to executives cited by ET, the share of gold exchanges in total sales reached a record level. Tanishq, owned by Tata, expects exchanges…
