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The Economic Times

Economy / The Economic Times

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Exchange of old gold has risen almost 60% year-on-year, say jewellery retailers

Gold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. This trend is reshaping the jewellery market. Leading retailers report significant increases in exchange-led sales. This shift helps reduce the country's reliance on gold imports. Household gold is now entering the market.

5 Jun 2026 12:32 am