BUSINESS
Rs 31,500 – per 10 gm - retail price of gold
On the back of positive consumer sentiment and stable retail prices, several gold jewellery firms are expecting a double growth during the auspicious occasion of Akshaya Trithiya
Rs 31,500 – per 10 gm - retail price of gold
Rs 33,700 – per 10 gm - retail gold price in mid-February
10% – demand growth expected during Akshaya Trithiya by India Gems & Jewellery
20% – growth in demand seen by India Bullion and Jewellers Association
25% – sales growth expected by Kalyan Jewellers
The sentiment is positive as in most places voting will be over and also the festival falls virtually at the beginning of the month when salaried people have thicker pockets,".
Saurabh Gadgil, India Bullion and Jewellers Association National vice -president