Households rush to cash out old gold amid fears of a crash

Дата публикации: 28-06-2026 18:44:02

Indian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-year. Fearing a price drop from ₹1.4 lakh to ₹1.2 lakh per 10 gm, consumers are opting for cash over new ornaments. This trend fuels the organised gold recycling industry, bringing idle gold back into circulation and reducing import reliance.

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Классификация: . Схожих патентов: 0. Схожих новостей: 9. Тональность: 0. Информативность: 7. Источник: economictimes.indiatimes.com.