Gold’s shine takes sheen off jewellery stocks, but supportive tailwinds will aid a rebound

Record-high gold prices have pressured volumes and margins, yet organised players with strong balance sheets, innovative products, and expanding retail and e-commerce reach will beat markets over the medium-term.

Oct 1, 2025 - 13:00
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Gold’s shine takes sheen off jewellery stocks, but supportive tailwinds will aid a rebound
Record-high gold prices have pressured volumes and margins, yet organised players with strong balance sheets, innovative products, and expanding retail and e-commerce reach will beat markets over the medium-term.

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