April 30, 2025
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Gold demand resilience persists despite record prices, sustaining festival jewellery and silver purchases nationwide.
Gold purchases during Akshaya Tritiya remained robust despite record prices, with steady volumes and higher sales value. Buying focused on jewellery, coins and bars, with stronger demand for mangal sutras, chains and silver utensils, rising interest in lab-grown diamonds, and widespread use of old-gold exchanges to manage affordability. Industry forecasts indicated higher festival sales value and significant tonnage, while annual gold imports remain substantial.