3 Jewellery Stocks Jump Up to 18% as Gold ETF FoF Curbs Spark Buying Interest
India, Oct. 16 -- India's jewellery sector plays an important role in the retail market, supported by cultural traditions, weddings and festive purchases. Gold remains a preferred asset for both investment and jewellery consumption, while organised retailers are expanding their presence through branded collections, new stores and customer-focused exchange programmes. However, changing gold prices, consumer affordability and investment trends can influence buying patterns and the performance of jewellery companies.
Stocks Movement
With a market capitalisation of Rs. 16,549 cr, the shares of PC Jeweller Ltd were trading at Rs. 16.97 per share, increasing 18% in today's session, making a high of Rs. 17.13, up from its previous close of Rs...
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