India’s jewellery exports targeted at USD 100 billion: WGC
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The jewellery industry is also seeing changes in consumer purchasing patterns amid elevated gold prices. Pramod Derawala, chairman, National Jewellery & Gemstone Council of India, said, "Rising gold prices are pushing consumers towards lightweight jewellery, while more than 90 per cent of high-value jewellery purchases continue to take place through physical retail."
