On Akshaya Tritiya MCX Gold sales will be down|NCDEX Tips Today

This time on the occasion of Akshaya Tritiya gold and silver sales increasing every year. But the lack of market demand and rising gold prices has raised concerns in the jewelers. 

Due to the rising price of gold on Akshaya Tritiya traders believe that this time will reduce their sales compared to last year.  

Why not boost sales: 

All India Gems and Jewellery Trade Federation Chairman GV Sreedhar Hfke before the gold prices in February increased from Rs 26,930 to Rs 30,050 per ten grams has been occurred. 

So, this time on the occasion of Akshaya Tritiya unlikely to look too much shopping. Sridhar said the market sentiment remains positive. But due to the rising price of gold has decreased demand for expensive jewelry. 

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