Gold Recycling Rises in India During Wedding Season Amid High Prices In India, where gold is deeply embedded in culture and tradition, the wedding season traditionally sparks a rise in demand. However, with soaring gold prices, a new trend is emerging: recycling gold. Instead of buying new gold, individuals are increasingly exchanging their existing gold jewelry for new designs. Surendra Mehta of the India Bullion and Jewelers Association highlights this shift, noting that while the desire for gold in weddings remains strong, the high costs are driving people towards recycling. This change in consumer behavior could significantly impact gold imports, reflecting an adaptation to the economic reality of higher gold prices. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Should I Buy Silver or Gold? Which Performs Best In a Crisis? READ MORE Barron's: A New Buy Signal For Gold READ MORE High Prices Dampen Gold Demand at India's Akshaya Tritiya Festival READ MORE Zimbabwe Announces Plans to Introduce Gold Backed Currency READ MORE ECB's Second Rate Reduction Signals Gradual Shift in Monetary Policy READ MORE Add a Comment Cancel replyYour email address will not be published.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