Fierce competition among Hyderabad Jewelers!
Gold and Pearls becomes new favorite for women!
Gold buyers slowly shifting from fine jewelry to pearls
market to engage themselves in buying ornaments. Pearls are becoming best
fashion for women aged between 18-35 years, 45% of the customers choosing gold
jewelry with pearl combinations to have a brighter outlook.
Indian consumers’ feels gold is safer investment!
Income growth in Indian employees play an important role in
gold jewellery sales. Demand for gold jewellery buying slowing increasing after
this Covid-19 lockdown. Most of the middle-class employee started seeing gold
is the best option investment due to interest rates down.
Even the gold price touching higher prices, the gold
jewelry customers did not tighten their purse. This marriage season in
south India like Hyderabad, Bangalore shown growing competition among jewellery
shops. Krishna Pearls and Jewellers having 11 stores in Hyderabad, Telangana
were among the top 5 jewelers’ shops in South India.
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