Corona Threat Jwelary Market Crash – During the Corona period, the gold market suffered a loss of up to sixty percent

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Lalitpur. During the Corona period, the gold market has been very slow for the past three months. While the bullion traders suffered heavily in the lockdown, up to sixty percent of business was affected during the Corona period. The main reason for this was marriages in rural areas, but they were kept hidden for simplicity and Corona guideline. At the same time, up to ninety percent of marriages in the city have been postponed. Now, with the arrival of Sahalag, the bullion traders have some hope, but there is still a slowdown in the market. Few people reach out to collect the jewelry. According to the precious metals traders, this has never happened before. Now that the market has opened, the fear of the delta variant is spreading among the population, while, due to the possibility of a third wave, there is now more buying on the market until September-October. However, this is the final season of Sahalag, due to which there has been some hope in the market and market conditions have also improved since the last few days. In discussions with the precious metal traders in this regard, they talked about the market situation during the Corona period.
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The condition of the gold market was very poor during the Karona period and the lockdown. This time the gold market suffered a loss of up to 60 percent. Even regular customers did not come and no marriages were held in Sahalag due to the Corona period, which caused the market to decline sharply. Now that the lockdown has opened, there is some hope in the Sahalag season.
– Majju Soni.
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The market remained very down during the corona period, while the market was completely still in lockdown. The situation has returned to normal a month after the market opened. Also this time on Akshaya Tritiya the market situation remained at fifty percent. In the city, people postpone all marriages, while in the countryside, people have secretly married and used old jewelry that is kept in the house.
Ajay Soni, precious metals dealer.
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In the Corona era it was difficult to control the market in any way. Now that the market has opened, there is some hope. Based on this month, gold and silver sales in the market are expected to proceed normally towards the end of the season.
Manoj Sarraf, precious metal dealer.
——
Everyone is worried in the Corona period. Even after relatives, people had to cancel marriages to avoid Corona. Very few marriages were held in the city while marriages were held in rural areas, but marriages were held with limited funds during the blackout and corona period. This has a huge impact on the market.

Lalitpur. During the Corona period, the gold market has been very slow for the past three months. While the bullion traders suffered heavily in the lockdown, up to sixty percent of business was affected during the Corona period. The main reason for this was marriages in rural areas, but they were kept hidden for simplicity and Corona guideline. At the same time, up to ninety percent of marriages in the city have been postponed. Now, with the arrival of Sahalag, the bullion traders have some hope, but there is still a slowdown in the market. Few people reach out to collect the jewelry. According to the precious metals traders, this has never happened before. Now that the market has opened, the fear of the delta variant is spreading among the population, while, due to the possibility of a third wave, there is now more buying on the market until September-October. However, this is the final season of Sahalag, due to which there has been some hope in the market and market conditions have also improved since the last few days. In discussions with the precious metal traders in this regard, they talked about the market situation during the Corona period.

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The condition of the gold market was very poor during the Karona period and the lockdown. This time the gold market suffered a loss of up to 60 percent. Even regular customers did not come and no marriages were held in Sahalag due to the Corona period, which caused the market to decline sharply. Now that the lockdown has opened, there is some hope in the Sahalag season.

– Majju Soni.

————

The market remained very down during the corona period, while the market was completely still in lockdown. The situation has returned to normal a month after the market opened. Also this time on Akshaya Tritiya the market situation remained at fifty percent. In the city, people postpone all marriages, while in the countryside, people have secretly married and used old jewelry that is kept in the house.

Ajay Soni, precious metals dealer.

——-

In the Corona era it was difficult to control the market in any way. Now that the market has opened, there is some hope. Based on this month, gold and silver sales in the market are expected to proceed normally towards the end of the season.

Manoj Sarraf, precious metal dealer.

——

Everyone is worried in the Corona period. Even after relatives, people had to cancel marriages to avoid Corona. Very few marriages were held in the city while marriages were held in rural areas, but marriages were held with limited funds during the blackout and corona period. This has a huge impact on the market.

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( News Source – Amar Ujala )

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