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's Ascent Continues: Breaking $2,483.40 Could Lead to New Heights READ MORE The REAL Reason Costco & Walmart Are Selling GOLD & SILVER READ MORE Inflation Erodes Trust in Major Consumer Brands READ MORE FBI Alerts Public to 'Courier Scam' Targeting Seniors' Life Savings READ MORE Gold Nears Two-Month High Amid Anticipation of US Rate Cut READ MORE Add a Comment Cancel replyYour email address will not be published.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