This year's Akshaya Tritiya saw double gold sales across the country as compared to 2016, an expert said on 11 May. "Akshaya Tritiya this year (2017) was excellent-it is estimated that about 35 tonnes of gold was sold across the country during this period, roughly double the numbers of last year," Sanjeev Agarwal, Chairman at FICCI Gems and Jewellery Committee, said in an interview to BTVi. "This bullishness is set in due to a weak 2016, the changesBusiness | May 12, 2017
Gold prices rose by Rs.30 to Rs.29,480 per 10 grams at the bullion market today largely due to token purchases on the auspicious occasion of 'Akshaya Tritiya'. A firming trend overseas too supported the upside, traders said. However, silver remained under selling pressure and lost another Rs.200 at Rs.40,500 per kg due to reduced offtake by industrial units and coin makers. Traders said besides token purchases on the auspicious occasion of 'Akshaya Tritiya', a firm trend overseasBusiness | April 28, 2017
Buoyant gold sales on Akshaya Tritiya brought cheer to jewellers in Mumbai and elsewhere in the country as customers thronged retail outlets to make their customary festive purchases on Friday. All India Gems and Jewellery Federation (AIGJF) President Nitin Khandelwal said the trend started since Gudi Padva in March continued owing to the ongoing marriage season. "There are significant crowds in jewellery shops all over and people, more than 75 percent are opting for big and small items ofBusiness | April 28, 2017
With cash flow almost normalising after demonetisation, customers on Friday thronged jewellery shops across the country to usher in Akshaya Tritiya. "We are seeing good footfall in our stores. In the last two months, after demonetisation, people have again started buying gold. We expect sales to go up by 40 per cent this Akshaya Tritiya compared to last year as prices are almost at the same level," Balram Garg, Managing Director, P.C. Jeweller, told IANS. Gold price hovered around RsIndia | April 28, 2017
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