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Akshaya Tritiya
The Char Dham Yatra to the four Himalayan shrines in Uttarakhand will begin on Wednesday with the opening of the doors to the Gangotri and Yamunotri temples for devotees on the occasion of Akshay Tritiya, officials said on Tuesday. The doors to the other two Dhams -- Kedarnath and Badrinath -- will open on May 2 and May 4, respectively. The four temples remain closed for six months during winter. All preparations, including heightened security arrangements, have been completed for the Yatra, officials said. Uttarakhand DGP Deepam Seth reached Rishikesh on Tuesday and reviewed the security arrangements for the Yatra. Talking to reporters, the DGP said that in view of the recent terror attack in Pahalgam, which claimed 26 lives, strict security arrangements have been made for the annual pilgrimage. "We will not compromise on the security of pilgrims," Seth said. Nearly 6,000 police personnel, 17 companies of Provincial Armed Constabulary (PAC) and 10 companies of paramilitary force
The domestic jewellery market is likely to witness a "mixed trend" in gold and silver buying on the auspicious day of Akshaya Tritiya amid sharp rise in prices of precious metal, Confederation of All India Traders (CAIT) said on Tuesday. All India Jewellers and Goldsmith Federation President Pankaj Arora has projected a business of Rs 16,000 crore on Akshaya Tritiya, a Hindu festival celebrated on April 30. "This year, jewellery markets across the country are witnessing mixed trends ahead of Akshaya Tritiya, mainly due to the sharp rise in gold prices in recent weeks," CAIT said in a statement. Currently, gold prices have touched Rs 1 lakh per 10 grams, compared to Rs 73,500 on the day of Akshaya Tritiya last year. Similarly, silver prices have touched Rs 1,00,000 per kilogram, up from Rs 86,000 per kilogram in 2023. All India Jewellers and Goldsmith Federation President Pankaj Arora said, "Typically, Akshaya Tritiya sees a surge in purchases, but this year, elevated prices have ..
With gold prices hovering near Rs 1 lakh per 10 grams, jewellers expect light-weight jewellery and other items to drive consumer demand this Akshaya Tritiya, which is considered an auspicious day to buy precious metals. Akshaya Tritiya, which is celebrated on the third day of bright half of Hindu calender month Vaisakha, falls on April 30 this year. "As we approach the auspicious occasion of Akshaya Tritiya, the gold market is buzzing with anticipation. Akshaya Tritiya holds immense cultural significance in India, traditionally marking a surge in gold purchases. This year, despite the elevated prices, we anticipate a healthy demand driven by light-weight items," All India Gem and Jewellery Domestic Council (GJC) chairman Rajesh Rokde told PTI. Gold on Friday traded weak at Rs 95,075 per 10 grams on MCX, as Comex gold continued to face resistance near the USD 3,330-an-ounce-mark. While some consumers might show initial hesitation, the enduring appeal of gold as a safe-haven asset a