IIG: The stability in gold prices combined with strong consumer sentiment has driven growth

Oct 28, 2024

1694677570260Mr Rahul Desai, CEO & MD at International Institute of Gemology

“This year has brought renewed vigor to the jewelry industry, and it’s truly encouraging to see such enthusiasm this Diwali. The stability in gold prices combined with strong consumer sentiment has driven growth.

With inflation softening and purchasing power slightly up, we’re seeing more customers investing in jewelry, not just as a purchase but as a cultural and financial asset.

As an edupreneur and Retail Growth Consultant, I can see how businesses are gearing up for the upcoming wedding season, set to be the longest ever from November 12, 2024, to July 25, 2025, and expected to be record-breaking, with 48 lakh weddings and an economic impact of ₹5.9 lakh crore. This season, more than any in recent years, reflects a celebratory mood across markets.”

You May Also Like

Facebook Feeds

Cover for Heera Zhaveraat
96,310
Heera Zhaveraat

Heera Zhaveraat

Offical Facebook account of heerazhaveraat.com, homepage for Trade News, Articles and Promotion of D

This message is only visible to admins.
Problem displaying Facebook posts.
Click to show error
Error: No posts available for this Facebook ID

Twitter Feeds

A legend, immortalised in platinum ✨

The MS Dhoni Signature Edition by Men of Platinum is a tribute to resilience, strength & legacy — crafted to last a lifetime.

Explore: http://www.menofplatinum.com

#MSDhoniSignatureEdition #MenOfPlatinum #PlatinumJewellery

Privileged to welcome Mr. Kirit Bhansali, Chairman GJEPC, as Guest of Honour at Golden Girls Award Mumbai 2026 ✨📍 The Westin, Powai
🗓 27 Feb 2026 | 6 PMCelebrating excellence in India’s gem & jewellery industry.#GGA2026 #GoldenGirlsAwardMumbai #IndianJewellery #WomenInBusiness

Honoured to welcome Ms. Amruta Fadnavis Banker, Singer & Social Activist as Chief Guest at Golden Girls Award Mumbai 2026 .
📍The Westin, Powai
🗓 27 Feb 2026 | 6 PM
Celebrating women leaders shaping the jewellery industry.
#GGA2026 #GoldenGirlsAwardMumbai #WomenLeaders

Proud to unveil the PAN India Winners of Golden Girls Award 2026 ✨, celebrating excellence, leadership & innovation of women shaping the jewellery industry.📍 The Westin, Powai, Mumbai
🗓 27 Feb 2026 | 6 PM#GoldenGirlsAward2026 #HZInternational #WomenInJewellery #HeeraZhaveraat

Load More

HZ is the Official Supporter of :

Member Of

Founder Member Of