Indore Bullion Market Sees Surge in 'Forgotten Jewelry' Claims Amid Soaring Gold Prices

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News18•04-02-2026, 18:03
Indore Bullion Market Sees Surge in 'Forgotten Jewelry' Claims Amid Soaring Gold Prices
- •Rising gold prices are prompting people in Indore to reclaim jewelry pawned decades ago.
- •Individuals are approaching bullion traders with old receipts, demanding the return of gold pawned up to 20 years ago.
- •Traders explain that jewelry pawned for extended periods is typically melted down and reused, not stored.
- •Many claimants are those who previously defaulted on interest payments, now seeking profit from increased gold value.
- •The trend is disrupting daily business operations in the Indore bullion market, with some even involving the police.
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