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The Economic Times

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Indians part with old jewellery to cash in on soaring gold prices

Household gold sales are surging as prices reach record highs this month. Consumers are liquidating gold to meet rising living costs and secure gains. Major jewelers like Kalyan Jewellers and Tanishq now offer expanded cash-for-gold services. This trend brings a traditional service into the organized retail sector for sourcing recycled gold. Consumers are increasingly using household gold for other purchases due to inflation.

26 Aug 2026 12:25 am