India Expecting Increased Gold Buying on Akshaya Tritiya

Mineweb reported that gold buying is expected to increase by 25% during India’s upcoming gold buying festival.

As quoted in the market news:

Jewellers hope that business will pick up on Akshaya Tritiya after a fall in demand due to inflation and the recent strike. The practise of buying gold on a certain day has got jewellers keeping the stores open from early morning 4 am till midnight on that day.

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