HomeNewsBusinessCNBC-TV18 CommentsJewellers find little to cheer despite wedding season buzz

Jewellers find little to cheer despite wedding season buzz

Despite a minor correction in prices, the scarcity of gold due to RBI’s import restrictions has kept prices higher than the comfort level as spiraling retail inflation eats away into customer appetite.

December 05, 2013 / 12:19 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

The crucial wedding season is giving little joy to jewellers this year. Despite a minor correction in prices, the scarcity of gold due to RBI’s import restrictions has kept prices higher than the comfort level as spiraling retail inflation eats away into customer appetite. The net effect: a massive slump in wedding season sales. CNBC-TV18's Farah Bookwala does a quick round of Mumbai’s Zaveri Bazaar to check on the prevailing mood.

first published: Dec 4, 2013 09:52 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!