Platinum jewelry demand choosing up in metro cities as gold turns pricier

In India, platinum is hovering round Rs 29,210 per 10 gm, whereas gold has as soon as once more crossed the Rs 50,000 per 10 gm mark and is obtainable at Rs 52,341 per 10 gm at jewelry shops.

Synopsis

The value of platinum has been falling because the starting of 2020 and is now cheaper than gold by 44.19 per cent. This value distinction is predicted to drive demand amongst millennials this festive season.

KOLKATA: Demand for platinum jewelry has picked up throughout the nation’s massive metros, fuelling optimism that gross sales of ornaments product of the uncommon metallic within the December quarter will match final 12 months’s ranges regardless of the pandemic-led slowdown. The value of platinum has been falling because the starting of 2020 and is now cheaper than gold by 44.19 per cent. This value distinction is predicted to drive demand amongst millennials this festive season,

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