How jewelry shop makes money by selling jewelry? how much streams do jewelry shop have ? what are the margins in gold jewelry?

⧭how are you are going to make money in your jewelry store? Profit margin in jewelry business| The business of jewelry is considered one of the high earning professions, especially in India. the goldsmith back from olden days up to now, they got a lot of respect in society as well as in a friend's circle..... AS we know, the gold is not generated by goldsmith, it has limited resources there are various gold mines or machines which take out the gold from the earth's crust. So the one thing is clear goldsmith also needs to purchase the gold from dealer or government directly. I also have a small jewelry shop of my father so I can tell you in a better...