Gold’s Gilded Gloom: Kashmir’s Market Dips Despite Nuptial Season

Gold’s Gilded Gloom: Kashmir’s Market Dips Despite Nuptial Season

Srinagar: Amidst the wedding season, the skyrocketing prices of gold have declined the consumer demand in Kashmir markets, leaving the jewelers to lurch at large. Bashir Ahmad, President of the Jewelers Association Kashmir, as per the news agency—Kashmir News Observer (KNO), revealed that they are experiencing a staggering 90 per cent decrease in gold sales. “There were times when customers could afford a 50-gram set, but now, with the current prices, they can only manage a 20-gram set,” Ahmad lamented. He said that the soaring prices have drastically altered consumer…

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