Gold Price Today: Gold is so expensive… even on Akshaya Tritiya, buyers are not in the mood – gold price on record high there are less customers on akshaya tritiya
[ad_1]
Rishi Verma of The Bullion Merchant Association of Chandni Chowk Kucha Mahajani said that this time the market on Akshaya Tritiya is 30-35% less than last year due to the ever increasing prices. People are coming less for shopping. At the same time, some investors are definitely coming to sell gold due to the rising prices of gold. There will be some reduction in the rate till Akshaya Tritiya, at present there is no such expectation. Buying gold on Akshaya Tritiya is considered auspicious. This time Akshaya Tritiya is on 22 April.
Gold costlier by 23% from last year
The gold rate on Akshaya Tritiya in 2022 was Rs 50,808 per 10 grams. In this context, the prices of gold have increased by about 23 percent in a year. The gold price on Akshaya Tritiya in 2003 was Rs 5,656 per 10 grams. That is, in 20 years, there has been a jump of more than 1,000 percent in the prices of gold. Similarly, in 2003, the price of silver was also Rs 7,550 per kg. It has also increased by more than 900 percent in 20 years.
Offers are also being given on purchase
Many jewelers in the capital are offering various attractive offers on Akshaya Tritiya. Along with 10 to 15 percent discount on making charge, efforts are being made to woo customers with attractive offers like gold coin free on purchases above a certain amount. But ahead of gold prices, even these offers are not able to generate much enthusiasm among the gold buyers. Traders are now in the hope that some customers may come out on Akshaya Tritiya itself.
[ad_2]
Source link