Mr. Colin Shah, MD, Kama Jewelry
“With an issue price of Rs 6,263 per gram, the subscription of the 4th tranche of Sovereign Gold Bond launched today is expected to garner major traction. Both household as well as institutional investors are increasingly getting attracted towards this asset class owing to the plethora of benefits that come along with lucrative returns. As the Indian economy resiliently navigate through choppy waters, investments in SGB tranche is one of the safest harbors for the investors which they can hedge against the headwinds.
With India traditionally inclined towards gold for domestic investments, we foresee the behavioral shift in buyers towards SGBs for investment-driven purpose, thus positioning physical gold as lifestyle statement for adornment purpose.”
Heera Zhaveraat (HZ International) A Diamond, Watch and Jewellery Trade Promotion Magazine provide dealers and manufactures with the key analytical information they need to succeed in the luxury industry. Pricing, availability and market information in the Magazine provides a critical edge.
