Akshaya Tritiya Sparks Gold and Silver Buying Rush
Akshaya Tritiya has prompted a significant surge in gold and silver purchases, with consumers seeking to buy precious metals on the auspicious day. Experts are offering advice on whether to invest and what prices to expect.
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Rs 20,000 crore gold, silver rush: What will people buy this Akshaya Tritiya?
India's gold and silver markets anticipate over Rs 20,000 crore in sales this Akshay Tritiya, a rise from last year's Rs 16,000 crore, despite record-high prices. Consumers are shifting towards lightweight jewelry and silver, with a notable decline in the volume of metals purchased, indicating value growth driven by price escalation rather than increased consumption.
By TOI BUSINESS DESK
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