Gold Leasing Rates Surge, Squeezing Jewellers' Margins

CosmicTaco · 2025-02-17T11:31:31.745171+05:30

- Indian jewellers face higher gold leasing costs due to a tariff scare from the Trump administration, leading global banks to secure gold for the U.S., causing a supply crunch. - Rising interest rates and record-high gold prices further pressure jewellers' margins, with 10 grams of gold hitting Rs 86,360 on MCX. - Titan and Senco Gold report weak earnings, with Titan's jewellery EBIT falling 2.4% YOY, and Senco Gold's PAT plunging 69% amid higher costs and volatility. Source: [MoneyControl](https://www.moneycontrol.com/news/business/indian-jewellers-stare-at-reduced-margins-as-gold-leasing-rates-surge-12942057.html)

Indian jewellers face higher gold leasing costs due to a tariff scare from the Trump administration, leading global banks to secure gold for the U.S., causing a supply crunch.
Rising interest rates and record-high gold prices further pressure jewellers' margins, with 10 grams of gold hitting Rs 86,360 on MCX.
Titan and Senco Gold report weak earnings, with Titan's jewellery EBIT falling 2.4% YOY, and Senco Gold's PAT plunging 69% amid higher costs and volatility.

Source: MoneyControl