How have Jewellery Companies fared in the time of Demonetization?

After Narendra Modi dropped the demonetization bomb a few months back, there was a dip in gold sales. However, jewellery companies in the organised sector posted decent growth in the quarter between October and December.

According to insiders, there were two major factors that drew consumers. The first factor was that gold prices dropped by 11% to end the quarter at Rs 27,900 per 10g. The second factor was that there was a shift in the behaviour of consumers. They opted for more light weight gold ornaments that were diamond studded as opposed to heavy gold jewellery.

The shift in consumer behaviour allowed big brands like Titan and Gitanjali Gems, which are known for their gold jewellery collections, to focus their attention on retail as opposed to bulk business. Titan witnessed a 13% increase in net profit to post Rs 255.7 crore, on sales growth of 13.9%.

However, analysts are of the opinion that gold prices will continue to rally owing to their three-month highs on the domestic and international exchanges. Some of the analysts are of the view that gold prices in India can improve and hit the Rs 28,800 per 10-gram mark in the next quarter.

Therefore, it can be said that gold has both suffered and gained from the demonetization move. While some believe that the move has been neutral for gold, others believe the demand went up after demonetization. However, the cash crunch dented gold purchases significantly once the full impact of demonetization hit. How will gold jewellery collections fare in the next quarter? Wait and watch.

Jewellery Trends for the New Year – 2017

A new year calls for new trends. When it comes to jewellery, the old trends usually make a comeback with a contemporary, updated twist. Among the jewellery trends for 2017, baroque pearls are set to make a splash. These pearls are also relatively less expensive as compared to the perfectly spherical pearls. However, new gold jewellery collections will be a preferred choice among women.

While 2016 saw the return of the 1980s stalwart, unadorned yellow gold. The year 2017 should be silver’s turn to shine in spotlight. It should be noted that hasn’t been appreciated by the fine jewellery world for quite a few years now, despite being a precious metal, but it’s the perfect foil (get it?) to the new season’s rainbow-bright colour palette, which can clash with the warm tones of yellow gold.

 Gold Jewellery Collections | Waman Hari Pethe Sons

However, a major trend for 2017 will be colour. Coloured gemstones give jewellery colour, especially enamel.

Enamel is most often associated with Indian jewellery. It can best be described as the technique of fusing liquid glass in bright colours. The technique can be traced back to the Persians. It is now associated with the gloriously-hued Meenakari jewels of India. However, gold jewellery collections will still rule the hearts of many Indian women who want to stick to tradition.

Another big trend for 2017 will be the rose gold combination with gemstones. This apart, ear climbers and ear jackets will continue to make their presence felt as statement pieces. Engagement rings studded with coloured gems will also be on trend. Sapphire and ruby are expected to be the popular choices.

Statement earrings in bold colours will also make a huge splash. 

Maharashtrian Gold Jewellery

Maharashtrian Gold Jewellery | Sonalee Kulkarni

Waman Hari Pethe Sons as a jewelery brand cater to the varied requirements of our customers scattered all over Maharashtra or rather nationwide through our 12 showrooms. We keep innovating on the styles and designs on regular basis. Ours being mainly handcrafted jewelery, every time a product is sold some  elements in the design are either changed or new patterns are introduced. This is done keeping in mind the ever changing trends and considering consumer's demand for always "something new". Whenever a new design is introduced, multiple pieces are made available in showrooms. If they get sold we can always make the same for you by order. Rather we suggest if you make a visit to any of our showrooms, you will find many beautiful designs at any time similar in styles and latest trends.

Waman Hari Pethe Sons a brand is best for traditional designs So much variety maharashtrian jewellery, marathi gold jewellery, gold necklace set, gold mangalsutra, traditional gold bangles, traditional marathi jewellery, maharashtrian jewellery designs, gold pendants designs. A brand that people trust the most. here you can find a great collection of women's jewelry. Best Jewellery Designs with Good service one and only we man hair petern Transparent business policies. Trustworthy. Experience of over 100 years reflects in jewellery craftsmanship.good service and various varieties in ring collection best Jewellery Desingns -& Good mangemnt Good Service only Waman Hari pethe  sons . Great achievement is Specialist in marathi style, gold purity is amezing and bangles designs are absolutely fabulous .Customers satisfied with valuable collection service is excellent.

Gold Jewellery Collections

Waman Hari Pethe Sons has been the trusted jewellry brand from middle India,Maharashtra over long time more than 100 years.Our major achievement is the millions of people trust.It is one of the most trusted and largest Jewellers. our great achievment is fulfilling the customer’s needs for their satisfaction with provinding best servieces in market. We are feel proud for our customers who have experienced the service at our Waman Hari Pethe Sons Stores, visit again and again

 Waman Hari Pethe Sons are famous for their wedding jewellery collections.Traditional as well as new innovataive, descent and most attractive jewellery avialable in gold and diamond. Customers always loves to purchase most descent jewellery.

Gold Mangalsutra
Gold Maangalsutra is a one of the popular ornament....which is sign of married for women..

Gold Mangalsutra

Gold Pendants Designs | Gold Locket
Dazzling Gold and Diamond locket set from our glorious collection. 

Gold Pendants Designs | Gold Locket

Gold Pendant Sets
A very typical and traditional designs ideal for traditional wear.elegant designs to enhance your beauty.

Gold Pendant Sets

Traditional Gold Earrings |Marathi Gold Earrings
Eye catching jhumkas that you will love forever.Beautifully crafted earrings from glorious collection.Carry yourself with style and elegance with our beautiful gold diamond earrings from our jewellery collection.

Traditional Gold Earrings | Marathi Gold Earrings

Gold Tode

Designer tode  you would love to own.

2y

Gold Pichodi
Attractive glamorous gold pichodi from our dazzling collection.

Gold Pichodi

Gold Kada
Be in the limelight with this amazing gorgeous beautiful and stunning Golden Kadhas form our collection.

Gold Kada

Gold Goth
This gold goth will add to their beauty who loves wearing traditionally designed gold ornaments.
Traditionally Stylish Gold Goth that you will love to wear.

Gold Goth

Traditional Gold Bangles

Look stylish with these golden bangles...

Traditional Gold Bangles