Akshaya Tritiya - the Golden Day for Gold Business

Akshaya Tritiya is considered as asupicious day in India. Most of the people buy the yellow metal - Gold on this day. Despite the high price of the gold, there were reports of good sale of gold in India.

It has been tradition in India and this day is considers a the golden day for the people associated with gold business. It was expected that due to the high gold price, people might be interested. But the speculation were proved wrong.

The demand for the gold on Akshaya Tritiya rose in the north Indian cities including metros of Delhi and Mumbai. The gold market was down for long time and India did not import gold for last two months. But the festival of Akshaya Tritiya brought cheers to the gold market in India. It is speculated that the demand of gold would continue for few days.