Skyrocketing prices not a deterrent for buyers: India buys gold worth Rs 12,000 crore on Akshaya Tritiya

Buying gold on Akshaya Tritiya is a tradition followed in several parts of India as it is believed that purchasing the precious metal on this would bring prosperity. Gold prices traded between Rs 99,500 and Rs 99,900 per 10 grams across different parts of the country, 37.6 per cent higher than Rs 72,300 on Akshaya Tritiya in 2024. However, the skyrocketing prices of the yellow metal didn't seem to be a deterrent for buyers as India witnessed an estimated sale of gold jewellery and related items worth approximately Rs 12,000 crore this Akshaya Tritiya, the Confederation of All India Traders (CAIT) said.

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