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 Gold's Summer Slump? Market Experts See Sideways Trading Before Potential Upswing READ MORE Interest Rates and Home Prices Force Buyers to Reconsider Renting READ MORE US Housing Market Shows Life, Yet Overvaluation Clouds Recovery, Fitch Reports READ MORE Major Retailers Offer Discounts to Attract Price-Conscious Shoppers READ MORE India's Gold Duty Cut Diminishes Dubai's Appeal for Shoppers READ MORE Add a Comment Cancel replyYour email address will not be published.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