Tag: media
Higher prices are driving extra Indians to reuse their gold, and whereas shoppers are purchasing for weddings, overall demand is comparatively subdued. Annual jewellery demand in Turkey climbed 8%, recovering to pre-pandemic levels at 37t. Q4 demand jumped 32% y-o-y to 10t, including to the robust Q3 complete and generating the highest H2 whole since 2017. Despite the rise in the local gold value during Q4, hovering client inflation brought the investment motive to the fore. This is mirrored in the power of plain gold jewelry items, whereas diamond jewelry demand remained weak.
On his left hand, there’s a gold…
Higher prices are driving extra Indians to reuse their gold, and whereas shoppers are purchasing for weddings, overall demand is comparatively subdued. Annual jewellery demand in Turkey climbed 8%, recovering to pre-pandemic levels at 37t. Q4 demand jumped 32% y-o-y to 10t, including to the robust Q3 complete and generating the highest H2 whole since 2017. Despite the rise in the local gold value during Q4, hovering client inflation brought the investment motive to the fore. This is mirrored in the power of plain gold jewelry items, whereas diamond jewelry demand remained weak.
On his left hand, there’s a gold…
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