The price of ten grams of 22-carat gold fell Rs 200 to Rs 55,750
The price of ten grams of 22-carat gold fell Rs 200 to Rs 55,750
The price of ten grams of 22-carat was unchanged at Rs 55,950
The price of ten grams of 22-carat gold jumped Rs 10 to Rs 55,960
The price of ten grams of 22-carat gold jumped Rs 200 to Rs 55,850
The price of 10 grams of 22-carat fell Rs 10 to Rs 55,640
Jewellery sales are expected to have increased by more than 40 per cent this Akshaya Tritiya, said GJC chief Sayam Mehra
Some jewellers said last year's demand was "exceptional", following a near washout in the pandemic-affected years of 2020 and 2021
Sales of jewellery and gold items remained sluggish on the auspicious Akshaya Tritiya day on Saturday despite heavy footfalls at stores as high prices of the precious metal dampened the festive demand, according to jewellers. Jewellers are expecting a nearly 10 per cent decline in sales volume on Akshaya Tritiya this year compared to last year as gold prices have zoomed around 20 per cent since last year and customers are either making token purchases or going for lightweight jewellery. Akshaya Tritiya day is considered auspicious for buying gold, jewellery and valuables. However, as the auspicious occasion is spread over two days this year, jewellers are hopeful that sales will revive on Sunday. There have been steady footfalls since morning in jewellery retail stores, however, consumers are mainly going in for lightweight jewellery or 1-2 grams of gold coins as a token purchase to celebrate the festive occasion, jewellers said. "We have been getting positive responses on consumer
The recent softening of the gold price has supported demand for the yellow metal on the auspicious day of Akshaya Tritiya and jewellers have been witnessing steady footfalls since morning. "Since morning the footfalls have been good, mostly supported by the price coming down to around Rs 56,500 levels for 22 karat gold," All India Gem and Jewelry Domestic Council (GJC) chairman Sayam Mehra told PTI. People are buying new jewellery, mostly in light weight, and also picking up the pre-booked items. The footfalls are expected to increase as the day progresses, Mehra said. Jewellery from 5-33 grams and coins in 1-2 grams range are popular this year, he said, adding that this year, after Hallmarking, jewellery has become more popular than coins. "This year we expect business to be around 17-18 tonnes in terms of volume on Akshaya Tritiya. Last year, people bought wedding jewellery as the marriage season was immediately after Akshaya Tritiya. However, this year it's in June-July, so the
The price of 10 grams of 22-carat gold fell Rs 200 to Rs 55,850
The price of ten grams of 22-carat gold rose Rs 200 to Rs 56,050
The price of ten grams of 22-carat gold fell Rs 10 to Rs 55,840
The price of ten grams of 22-carat gold fell Rs 10 to Rs 55,930
The price of ten grams of 22-carat gold rose by Rs 550 to Rs 56,650
The price of 10 grams of 22-carat gold also rose by Rs 10 to Rs 56,210
The price of ten grams of 24-carat gold in Delhi, Bengaluru, and Chennai is Rs 60,910, Rs 60,810, and Rs 61,420, respectively
The price of ten grams of 22-carat gold fell by Rs 390 to Rs 55,400
The price of ten grams of 22-carat gold fell by Rs 390 to Rs 55,400
The price of ten grams of 22-carat gold fell by Rs 10 to Rs 55,790