Akshaya Tritiya: Jewellery sales up 10-20% as gold price dips

Last Updated: Tuesday, April 21, 2015, 23:40

The craze for gold was on full display Tuesday, especially in the South, on Akshaya Tritiya, as people rushed to buy the metal, pushing jewellery sales up by 10-20 percent although prices fell across major cities, except Chennai.

Gold demand muted on Akshay Tritiya, buyers hope for lower prices

Last Updated: Tuesday, April 21, 2015, 16:07

Gold purchases in India started slowly on Tuesday, a festival day, despite a fall in local prices, as hard times in rural areas have hit demand and many buyers are holding back because they expect prices to fall even further.

Gold price fails to shine on Akshaya Tritiya, closes at Rs 27,100 per 10 grams

Last Updated: Tuesday, April 21, 2015, 15:34

Gold prices fell by Rs 100 to close at Rs 27,100 per 10 grams at the bullion market Tuesday as the auspicious 'Akshaya Tritiya' festival failed to generate any substantial buying activity for the precious metal amid a weak global trend.

Akshaya Tritiya: Gold prices fall on weak global cues

Last Updated: Tuesday, April 21, 2015, 13:49

Gold prices fell marginally by 0.15 percent to Rs 26,797 per ten grams in futures trade Tuesday as speculators trimmed their positions, taking weak cues from the global markets.

Akshaya Tritiya: NSE, BSE extend gold ETF trading hours

Last Updated: Tuesday, April 21, 2015, 09:16

Leading stock exchanges NSE and BSE have decided to extend trading hours for Gold Exchange Traded Funds (ETFs) till 7 PM on Tuesday, on account of Akshaya Tritiya.

Akshaya Tritiya today, lower prices expected to boost gold demand

Last Updated: Tuesday, April 21, 2015, 08:41

Sales are expected to rise as there is a "positive" buying sentiment this year with gold prices ruling stable at around 26,000 per 10 grams.

Weak gold may lift sales by up to 25% this Akshaya Tritiya

Last Updated: Sunday, April 19, 2015, 13:33

"The prices have been stable for quite some time, which we expect will be a boost for jewellery sales during this Akshaya Tritiya," Manubhai Jewellers Director Samir Sagar told PTI.

Gold, silver turns weak on sluggish demand, global cues

Last Updated: Friday, April 17, 2015, 14:04

Silver also turned weak and prices eased by Rs 100 to Rs 36,900 a kg due to reduced offtake by industrial units and coin makers.

Gold plunges by Rs 410; silver tumbles Rs 550 on global cues

Last Updated: Monday, March 30, 2015, 15:12

Silver also fell sharply by Rs 550 to Rs 38,000 per kg on reduced offtake by industrial users and coin makers.

Gold falls Rs 195 per 10 gram; silver down Rs 200 per kg

Last Updated: Tuesday, March 10, 2015, 16:19

Traders said besides easing demand from jewellers, a weak global trend as stronger dollar reduced appeal of the precious metals dampened the sentiments.