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Earlier, many traders considered silver as a retailer of value and a hedge in opposition to inflation. Demand for silver cash, bars, and ETFs is mostly higher when the global financial system faces uncertainty. The model, which enjoys 18 per cent profitability, is planning to spend Rs 20 crore over the next few years to broaden its retail footprint in addition to its private label.

• How three jewelers opened new spaces when stores everywhere have been closing—temporarily and completely.
• In the year-to-date , the jewellery division’s revenues grew 19.2% to Rs.17645 crores ($2.12 billion) and its EBIT grew three.5% to