Has gold in India lost its lustre in this pandemic?


  • Style Premium
  • Thursday, 10 Sep 2020

Gold plays an important role in Indian weddings but couples are putting buying gold jewellery on hold during this coronavirus pandemic. -- Photo: 123rf.com

Jewellers in the traditionally lucrative Indian gold market are struggling – even while the metal's value skyrockets – as coronavirus fears keep sales down, craftsmen at home and shops shuttered.

Months after India lifted its strict lockdown, the country's biggest gold market Zaveri Bazaar remains desolate, with most stores closed and no customers in sight.

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India , gold

   

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