High Prices Dampen Gold Demand at India's Akshaya Tritiya Festival Demand for gold during the Akshaya Tritiya festival in India, a major gold-buying event, was notably lower this year as soaring prices led to reduced retail interest. Despite dealers offering significant discounts, the high costs deterred many buyers, leading them to limit their purchases to small denomination coins. Jewelry sales were particularly weak, with one Mumbai jeweller reporting only about two-thirds of the sales compared to the previous year. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Investors Eye Friday's Payrolls Data for Fed Policy Clues READ MORE Copper Short Squeeze Rocks Global Markets as US Prices Soar READ MORE Middle East Tensions Propel Gold and Silver Prices READ MORE Gold's Ascent Towards $3,000 READ MORE How Much Gold Do I Need To Retire? 1oz Per Month? READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment