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.”

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It was a pleasure meeting Rami Baron following his insightful session, Lessons From My Father, at Bharat Diamond Bourse, Mumbai. A meaningful interaction with a respected global leader, exchanging perspectives on the future of the diamond industry.

Bharat Diamond Bourse today hosted Lessons From My Father an insightful lecture by Rami Baron at the Convention Hall,BDB, BKC, Mumbai
The session brought together members of the diamond industry for meaningful discussions on leadership, legacy, and shaping the future of the trade

Bharat Diamond Bourse today hosted Lessons From My Father an insightful lecture by Rami Baron at the Convention Hall,BDB, BKC, Mumbai
The session brought together members of the diamond industry for meaningful discussions on leadership, legacy, and shaping the future of the trade

Bharat Diamond Bourse today hosted Lessons From My Father an insightful lecture by Rami Baron at the Convention Hall,BDB, BKC, Mumbai
The session brought together members of the diamond industry for meaningful discussions on leadership, legacy, and shaping the future of the trade

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