ICRA has stable outlook on India’s gold jewellery industry despite subdued demand

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Ratings agency ICRA has a stable outlook on gold jewellery retail industry. Following a strong 9% volume growth in FY2018, gold jewellery demand has been subdued in the current year. Jewellery sales during the critical festive period, August to November 2018, was relatively sluggish due to various factors like elevated gold prices, and floods in […]

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