Gold slips, silver drops to ₹2.17 lakh/kg; jewellers cut retail rates
Gold and silver prices dipped on July 13 on weak global bullion cues, with MCX gold down 1.2% and silver off 2.23%. 24K gold traded at ₹1,44,470/10gm in Delhi. Jewellery retailers Tanishq, Joyalukkas and Malabar posted retail rates near ₹13,230-14,482/gram, shaping jewellery pricing and margins.
Gold and silver prices dipped slightly on July 13 on weak global bullion cues. Jewellery retailers Tanishq, Joyalukkas and Malabar posted retail rates near ₹13,230-14,482/gram, relevant to jewellery retail pricing and margins.
Why this matters
Tanishq's retail pricing shifts come as the brand pushes global expansion, opening its first US store in New Jersey and eyeing Chicago and the $60B diaspora market.
Retail-brand signals are accelerating, up 289100% QoQ.