Gold Demand Dips as Wedding Season Begins, Diamond and Gemstone Sales Rise The typical surge in gold demand during the wedding season has not materialized this year, with a drop of up to 25% reported. Prices have soared beyond ₹63,500 per 10 grams, leading to reduced interest in gold jewelry for the season running from January 15 to mid-March. In contrast, diamond and colored gemstone jewelry, which utilize more durable and cost-effective 14 to 18 carat gold, as opposed to the 22-carat gold in pure gold jewelry, have seen increased demand, according to industry insiders. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Japan's Largest Ever Yen Intervention in April: 5.92 Trillion Yen Spent READ MORE The Day the Hunt Brothers Capped the Price of Gold READ MORE Fed's Anticipated Rate Cuts Stir Major Buzz at Davos 2024 READ MORE Yen Volatility Threatens Profitability of Emerging-Market Carry Trades READ MORE 97% of Salaries Have Failed to Keep Up with Inflation Over Past 5 Years READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment