Diwali Gold Rush Slows as High Prices Weigh Down Retail Sales by 10-12%
Buying gold and silver on Diwali is a tradition deeply rooted in Indian culture, but this year, the skyrocketing prices of these precious metals are expected to dampen enthusiasm. With gold and silver prices reaching unprecedented levels, retailers are forecasting a 10-12% drop in Diwali sales despite a recent reduction in customs duty aimed at … Read more