Akshay Tritiya surges 25% in gold trade
On Wednesday, on the day of Akshaya Tritiya, gold was bought and sold all over the country. People bought gold by purchasing gold on the day of Akshaya Tritiya as auspicious in cities, villages, and towns. According to an estimate of the Confederation of All India Traders (CAT), on the day of Akshaya Tritiya, the purchasing of gold across the country has increased by about 20-25% compared to other days. Buyers have been getting ready from the morning in the gold and silver shops across the country. On Monday, gold prices were Rs 32200 per tonne and silver prices were Rs 40100 per kilogram.
Kat’s National General Secretary Pravin Khandelwal said that gold is still considered an item of safe and sustainable investment in the country. From this point of view, gold has always been the object of attraction. Pankaj Arora, the national convener of Jewelers Federation of India, said that according to an estimate yesterday, around Rs 2,000 crore gold trade across the country was done. Generally, there is a trade of about Rs 1,400 crore per day in the country.
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