Summary:
Jewellers say that while Dussehra revived footfall in their stores, they hope that Pushya Nakshatra and Dhanteras brings more orders and sales. Jewellers blame high prices of precious metals as one of the reasons for the slowdown in sales. The price of 22-carat gold in Ahmedabad stood at Rs 37,500 per 10 gram on Tuesday and jewellers say it is unlikely to go below Rs 36,000. Since gold prices are determined globally, there is a limited room to reign in prices. But the government can at least reduce taxes," Soni told DNA, adding, "We hope things improve, else the situation may go out of control.".