INDIAN JEWELLER

India's Titan Faces Higher Gold Sourcing Costs Amid Tightening Supply

  • Retail News - 06 February 2025 2:59 PM

Titan Company, one of India's leading jewellers and the owner of Tanishq and CaratLane, anticipates higher costs for leasing gold from bullion banks as supply dwindles. The company attributes this trend to bullion banks redirecting gold shipments to the U.S. for better profits, creating supply constraints elsewhere

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