As Recessionary Pressures Mount, Jewellers Melt Inventory To Meet Business Expenses
Jewellers have begun melting newer ornaments to reduce inventory
51st Bangkok Gems and Jewelry Fair was lackluster
The fair culminated today but was not able to garner a good response. Decrease in number of visitors, cutback in jewellery buying from Indian buyers and close proximity of dates of Mumbai Signature and Hong Kong Show dampened the spirits.
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