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Gold rush at jewellery stores as customs duty cut spurs buying frenzy ahead of wedding season

By Economic Times - 2 months ago
The recent customs duty cut in the budget has triggered a rush at jewellery stores as consumers buy gold in preparation for the wedding season. Prices fell sharply after customs duty cut announced in Budget 2024, sparking a 20% increase in demand. Jewellers have canceled artisans' leave to keep up with the surge.

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