Gold is currently ruling at Rs 30,050 per 10 grams.
According to jewellers and MMTC-PAMP India, gold demand has picked up in the wake of good monsoon and favourable price levels. There was positive response and more footfalls.
India has 20,000 tonnes of idle gold; gold is an important aspect of women empowerment: PM.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
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