In the April-June quarter, India’s demand for gold dropped by up to 15% compared to the previous year, largely due to soaring prices deterring consumers. With fewer auspicious wedding dates in July, jewellery sales haven’t seen a significant uptick, although some regions experienced sporadic increases during the Rath Yatra festival. Gold prices have risen sharply to around ₹73,000 per 10 gm, up 15% from the beginning of 2024. Jewellers are cautiously optimistic, expecting a potential revival in demand during the upcoming festive season and noting a shift towards investment in gold amid subdued jewellery purchases.
How to Calculate Dividend Yield: A key metric for income investors
The dividend yield ratio helps investors assess income from dividends relative to stock price, indicating financial health and potential risks. High yield can signal risk,