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Old is gold, new is expensive—Why more people are exchanging gold jewellery instead of buying: Explained
As gold prices have soared over 50% this year, shoppers are swapping their old jewellery for new pieces instead of investing more funds, turning the festive season into a gold exchange bonanza.
Gold prices hovering at an all-time high of around Rs 1 lakh for 24-carat gold per 10 grams has put affordability of the yellow metal in question, with many consumers now preferring to make purchases ...
Gold is enjoying quite a surge. As of press time on Oct. 30, the spot price for one troy ounce is about $4,009, after hitting a historic high of $4,378.97 earlier in the month. That’s a striking ...
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