Surging gold prices in India are leading some people to exchange their gold jewelry for model new items, particularly during the wedding season. Higher prices are driving more Indians to reuse their gold, and whereas shoppers are buying for weddings, overall demand is comparatively subdued. The domestic jewelry retail business, in worth phrases, is anticipated to develop at per cent through the present monetary 12 months on the back of elevated gold prices, credit standing agency ICRA mentioned in a report. In the final monetary 12 months, the trade had grown by more than 15 per cent.ICRA stated that demand …