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Jewellers report a 10-15% drop in gold demand by volume this Dhanteras. Consumers prefer lightweight and diamond-studded jewellery. Despite this, value sales of gold rose by up to 25%, helped by high prices. Silver jewellery demand increased by 30-35%. Young buyers returned to stores, attracted by high returns on precious metals.
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The non-institutional investors or high net worth investors category was subscribed 5.05 times. The IPO comprised a fresh issue of up to 1,250 crore and an offer of sale up to 4,180 crore by promoter, Goswami Infratech.
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With a month until Turkey Day arrives, Walmart, Target and grocery chains are already putting Thanksgiving meal food and supplies on sale. Earlier this month, Walmart boasted its inflation-free turkey and sides will be less expensive than last year, with turkeys starting at 88 cents a pound and dinner costing less than $7 per person. On Monday, Target trotted out a similar deal, with a $20 Thanksgiving four-person meal special down $5 from last year and turkeys priced at 79 cents a pound 20% lower than last year. Both retailers are ensuring grocery prices remain a key topic well […]
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