Global prices increasing by 25% since January
Indians will continue to purchase gold this Akshaya Tritiya As gold is moving high with big ticket and Akshay Tritiya is at our doorstep! In the scenario Sachin Jain, Regional CEO, India, World Gold Council expressed on account of Akshay Tritiya, “Gold purchases have traditionally been an integral part of Akshaya Tritiya celebrations for millions of Indians, symbolising prosperity and good fortune. We are currently witnessing, sky rocketing gold prices - gold’s era. This year marks a significant period for gold, with global prices increasing by 25% since January and reaching a record high of USD 3500 per ounce. In India, gold prices have hit historic highs of Rs 1 lakh per 10 grams, reinforcing the belief in the yellow metal. Gold’s status as a safe haven is at an all-time high, and it is anticipated that Indians will continue to purchase gold this Akshaya Tritiya regardless of price fluctuations. Industry feedback suggests...