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Business Standard

Why more Indians will be rushing to buy gold this Akshaya Tritiya

Buying has been robust, with consumers seeing a rising rupee as an opportunity to buy gold

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Akshaya Tritiya

Dilip Kumar Jha  |  Mumbai 

Gold
An employee shows gold bangles to a customer at jewellery showroom on the occasion of Dhanteras, a Hindu festival associated with Lakshmi, the goddess of wealth, at a market in Mumbai (Photo: Reuters)

Gold jewellery sale is expected to rise sharply on the occasion of Akshaya Tritiya this year, after an appreciating rupee prompted many to book a piece for delivery on the due date. A stronger rupee has meant the Indian price rise is slower than abroad.

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First Published: Sun, April 23 2017. 08:54 IST

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