2025-02-18Niranjan
Gold leasing rates have skyrocketed from 2-3% a month ago to 6-7% now, putting intense pressure on jewellers' margins. This sharp rise is primarily driven by tariff concerns from the Trump administration, which has led global banks to stockpile gold. As a result, India—one of the world’s largest gold consumers—is facing a supply crunch, forcing leasing rates higher
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