Kumari Palany & Co

Gold sale to increase by 30 percent on Akshaya Tritiya

Posted on: 03/May/2016 11:27:37 AM
After 21 months, the gold rate has crossed Rs 23,000. This is because the demand of gold has been increased by 30 percent on the occasion of Akshaya Tritiya day. S. Shanthakumar, secretary of Madras Jewellers and Diamond Merchants Association has mentioned: On the occasion of Akshaya Tritiya, people are coming to jewellery shops with eagerness. Because of this, the demand for gold has been increased by 30 percent. This is the main reason for the rise of the price of the gold. For the next 10 days, the prices of the gold will be determined as per the demand.