Akshaya Tritiya

Tuesday, Apr 23, 2024 | Last Update : 12:01 PM IST

Gold imports last month was up both in terms of value and volume, compared to the year ago month. The entire June quarter saw demand going up by around 32 per cent.

High prices fail to dampen gold imports in June

Increase in imports - both in volume and value- indicates that demand has not dropped for gold despite the six-year high prices.

03 Jul 2019 6:59 AM

Retail buying was robust during Akshaya Tritiya and jewellers had replenished their stocks after the festival, leading to increased imports.

Gold imports rise 49 per cent last month

The country’s gold imports in value terms rose to $4.78 billion last month from $3.48 billion in the same month last year, Reuters reported.

05 Jun 2019 2:52 AM

The confluence of stable prices, upcoming wedding season and pent-up demand made this Akshaya Tritiya memorable for the gold and jewellery sector, which saw demand bouncing back after a gap of two years. Jewellers across the country witnessed on an average 15 to 20 per cent growth in sales over last year.

Akshaya Tritiya sees bounce back in gold, jewellery sales

Discounts coupled with a drop in prices from the recent high in February made the day more auspicious for buyers.

08 May 2019 5:10 AM

If Jhobalia’s optimism is anything to go by, the sector is witnessing a buyer-friendly market and that could bring back fence-sitters waiting for the perfect opportunity to invest in their dream home.

Realtors expect boost from Akshaya Tritiya

More or less similar sentiments were echoed by Ritwik Das, MD, Bluechip Projects.

06 May 2019 6:45 AM

Gold prices dropped nearly 7 per cent from the recent high of February 2019. Weakness in gold prices will attract more buyers to gold.

Gold import increases 20 per cent ahead of Akshaya Tritiya

Mehta expects demand growth of at least 10 to 15 per cent this Akshaya Tritiya.

02 May 2019 12:32 AM

Paytm sees 3-fold jump in gold sales on Akshaya Tritiya

Paytm on Friday said its gold sales rose three-fold to 20 kg in a single day on the occasion of Akshaya Tritiya.

20 Apr 2018 6:17 PM

Jewellers are expecting 15-20 per cent increase in sales this Akshaya Tritiya. (Photo: PTI)

Jewellers expect 15-20 pc growth in sales this Akshaya Tritiya

Things are looking positive this year and the prices are also stable, ruling at around Rs 30,820 per 10 grams.

15 Apr 2018 3:30 PM

The company opened 11 Titan Eye Plus stores in FY 2017-18 so far.

28 per cent GST on watches could increase risk of smuggling: Titan

Titan has also witnessed around 50 per cent jump in its sales during Akshaya Tritiya.

04 Jul 2017 8:26 PM

A woman tries a gold necklace in a shop on the occasion of Akshaya Tritiya in New Delhi on Friday. (Photo: PTI)

Akshaya Tritiya buying, global cue spur gold price

Traders said besides token purchases on the auspicious occasion of ‘Akshaya Tritiya’, a firm trend overseas mainly kept gold prices higher.

29 Apr 2017 12:57 AM

Meanwhile, gold rose by 0.09 per cent to USD 1,264.70 an ounce in Singapore.

Gold futures glitter on Akshaya Tritiya, global cues

Gold is trading at Rs 28,930 per ten grams in futures trade.

28 Apr 2017 12:52 PM

Mythology has it that the universe was created on this day and this occasion is celebrated all across the country with much zeal and spirituality.

Auspicious dawn

Akshay Tritiya is considered an auspicious day to start new ventures, buy metal and luxury items and even get married.

27 Apr 2017 12:28 AM

Retail gold jewellers are expecting a 10-15 per cent growth in demand during Akshaya Tritiya.

Traders fail to gain from gold price rise

With Akshaya Tritiya around, retail gold jewellers are expecting a strong demand similar to that witnessed during the Gudi Padwa.

24 Apr 2017 1:58 AM

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Aakar Patel