Skyrocketing prices not a deterrent for buyers: India buys gold worth Rs 12,000 crore on Akshaya Tritiya

Skyrocketing prices not a deterrent for buyers: India buys gold worth Rs 12,000 crore on Akshaya Tritiya

Buying gold on Akshaya Tritiya is a tradition followed in several parts of India as it is believed that purchasing the precious metal on this would bring prosperity. Gold prices traded between Rs 99,500 and Rs 99,900 per 10 grams across different parts of the country, 37.6 per cent higher than Rs 72,300 on Akshaya Tritiya in 2024. However, the skyrocketing prices of the yellow metal didn't seem to be a deterrent for buyers as India witnessed an …

Gold Glitters on Akshaya Tritiya, Sees Rs 12,000 Crore Worth Sales – Asian News from UK

The surge in demand came even as gold prices soared to Rs 97,500 per 10 grams and silver to Rs 98,000 per kilogram — among the highest levels in history Despite record-high prices, India witnessed robust gold and silver sales worth Rs 16,000 crore on the occasion of Akshaya Tritiya, underlining the resilience of consumer sentiment on this traditionally auspicious day. According to estimates by the Confederation of All India Traders (CAIT), gold …