Customers don't come to buy but to sell old stuff as jewellery stores open

Jewellery offtake down to 15-20% of May sales in the previous years

Jewellers, who have opened their stores in green zones, are witnessing thin sales. Most people coming to their stores either want to sell their jewellery or gold coins.  

Sales in the past few days are only 15-20 per cent of the normal as witnessed in May of previous years. Footfall, too, is thin amid the ongoing lockdown and the social distancing guidelines.

“Many jewellers in Karnataka have opened their stores. But, sales have been only 15-20 per cent of that in normal days,” said Anantha Padmanabhan, chairman, All India Gems and Jewellery Domestic Council (GJC). Many other state governments have allowed opening