Young city grooms in India are more and more opting for platinum jewelry, corresponding to chains, bracelets, and earrings, as a substitute for gold amid rising gold costs. Platinum is currently buying and selling around ₹25,000 per 10 grams, in comparison with gold costs exceeding ₹61,000 per 10 grams. The development is offering some reduction to the bride’s household, which historically gifts jewelry to the groom throughout weddings. This world gemstone trading centre is anticipated to house 1,500-2,000 models – colored gemstone and jewelry models, labs, banks, insurance, logistics, and safety service providers amongst others.
- To date, it’s reached $7.eight