Usually, 30-40 tonne gold is sold on the auspicious occasion of Akshaya Tritiya. However, this time sales are not likely to reach even 1 tonne
The price of gold again surging ahead to almost Rs 50,000/10gms.
Gold prices have traded under pressure on firm dollar and rebound in US bond yields
The recent World Silver Survey also pointed out that "Silver should gain from the 'best of both worlds' narrative
Experts feel the yellow metal will remain muted for the coming months but the long term picture remains bright
Gold prices are expected to further rise and re-test the record high of Rs 56,200 this year
In the international market, gold was trading with gains at USD 1,820 per ounce and silver was flat at $27.33 per ounce
Instead of buying physical gold, you can look at buying digital gold like gold ETFs, Sovereign Gold Bonds or you can also explore buying jewellery onl
Covid-related restrictions have affected retail demand as some of the biggest markets like Mumbai and Delhi are under complete lockdown
WGC highlighted that the bullion trade is now better equipped to weather lockdown restrictions, having adopted digital and omni-channel retail strateg