Jewellers said it is the right time to buy gold as the prices are expected to pick up in the coming days. “The rates are attractive now to invest in gold considering the prices will pick up in the coming days owing to global conditions. Diamonds, too are preferable, as the prices haven’t shot up since last couple of years. The current retail scenario is buzzing with discounts and promotions. Further, rains have also been good this year and the 7th pay commission salary hike will lead to more retail consumption. We are expecting an elongated wedding season and hope to see good sales thisDiwali,” Saurabh Gadgil, chairman and managing director of PNG Jewellers and director of the India Bullion And Jewellers Association Ltd (IBJA), said.
(Sourced from agencies, feature image courtesy:u4uvoice.com)
