Jewellers Heave Sigh Of Relief As ‘Luxury Tax’ Deferred

The surging native gold price, combined with an uncertain financial recovery, led many shoppers to chop their gold jewellery budgets. Our survey outcomes present that merchandise lighter than 10 grams have made the largest contribution to H1 revenue for retailers . Since lighter merchandise naturally have a lower per-unit ticket worth, we can draw the conclusion that they have a notably larger turnover ratio than heavier ones.

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