Gold Jewellery Sales Expected to Rebound in Dec Qtr

Gold jewellery sales in India have been going down for the last three quarters because the prices kept going up.

But now, people are getting used to the higher prices and are buying more gold for weddings and festivals.

This is expected to make sales go up again in the December quarter.

The government also made some changes to taxes, which helped people spend more on gold.

Jewellers are also changing what they sell, focusing on lighter and more decorated jewellery that makes them more money.

They are also opening more stores, which shows they are confident that people will keep buying gold.