Indians ditch gold for gemstones as sales jump 40%; stones cost Rs 5 lakh
viaTimes of India1h ago
The growing preference for premium coloured gemstones as against gold is also translating into higher prices. Paraiba tourmalines, among the rarest gemstones, sell for around Rs 5 lakh per carat in India. Demand for these stones is particularly strong among high-net-worth buyers in Mumbai, followed…
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