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India's Deepavali gold buyers opt for lighter jewellery, exchange old pieces amid high prices

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India's Deepavali gold buyers opt for lighter jewellery, exchange old pieces amid high prices
Photo / Coverage: Channel NewsAsia (CNA)
EXECUTIVE SUMMARY

Gold prices have eased from their January peak, but remain high enough to constrain purchases. Jewellers in India are hoping the festive season will provide a boost to demand.

Key Takeaways

  • India's Deepavali gold buyers opt for lighter jewellery, exchange old pieces amid high prices.
  • Gold prices have eased from their January peak, but remain high enough to constrain purchases.
  • Jewellers in India are hoping the festive season will provide a boost to demand.

Gold prices have eased from their January peak, but remain high enough to constrain purchases. Jewellers in India are hoping the festive season will provide a boost to demand.

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Published originally on Channel NewsAsia (CNA)

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