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In a normal year, the industry does business of 25-30 tonnes on Akshaya Tritiya, but this year, it expects a maximum of 3-4 tonnes of sales as offline sales have been badly impacted
This year, the SGB scheme will be issued in six tranches between May and September
Usually, 30-40 tonne gold is sold on the auspicious occasion of Akshaya Tritiya. However, this time sales are not likely to reach even 1 tonne
Amid the pandemic-induced lockdowns, gold retail outlets from across the country are nudging customers to buy gold and jewellery online
Investors must keep in mind that all gold-linked investment avenues may not provide the same level of liquidity such as physical gold
With DigiGold, Airtel Payments Bank's savings account customers can invest in 24K gold using the Airtel Thanks app
The price of gold again surging ahead to almost Rs 50,000/10gms.
Gold prices have traded under pressure on firm dollar and rebound in US bond yields
The recent World Silver Survey also pointed out that "Silver should gain from the 'best of both worlds' narrative
Experts feel the yellow metal will remain muted for the coming months but the long term picture remains bright