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Akshaya Tritiya

Akshaya Tritiya 2024: Should you buy gold today? What experts suggest

Akshaya Tritiya 2024: Factors such as the current gold price, manufacturing charges, and the inclusion of diamonds or other gemstones influence the final cost of gold jewellery

Akshaya Tritiya 2024: Should you buy gold today? What experts suggest
Updated On : 10 May 2024 | 5:12 PM IST

Akshaya Tritiya, May 10: Silver prices up despite hawkish Fed; buy the dips

Weak job data bolstered the speculation that the weakening economy would force the US Federal Reserve to cut rates

Akshaya Tritiya, May 10: Silver prices up despite hawkish Fed; buy the dips
Updated On : 10 May 2024 | 5:10 PM IST

Swiggy Instamart, Blinkit, Zepto to deliver gold & silver coins in 10 mins

Akshaya Tritiya holds significant importance in Hindu culture, symbolising prosperity and abundance. The day is also considered auspicious for the purchase of gold and silver

Swiggy Instamart, Blinkit, Zepto to deliver gold & silver coins in 10 mins
Updated On : 10 May 2024 | 5:09 PM IST

Akshaya Tritiya 2024: Dos and don'ts to follow on day of Akha Teej

For the majority of Hindu families, engaging in any positive work on Akshaya Tritiya, such as starting a business or purchasing property, jewels or vehicles brings prosperity

Akshaya Tritiya 2024: Dos and don'ts to follow on day of Akha Teej
Updated On : 10 May 2024 | 1:06 PM IST

Akshaya Tritiya 2024: Wishes and greetings to share with friends and family

Akshaya Tritiya or Akti or Akha Teej is a huge celebration for the Hindu community, falling between April and May and celebrated on the third day of the Shukla Paksha in the month of Vaisakha

Akshaya Tritiya 2024: Wishes and greetings to share with friends and family
Updated On : 10 May 2024 | 11:41 AM IST

Akshaya Tritiya 2024 Shubh Muhurat: City-wise auspicious time to buy gold

Akshaya Tritiya 2024 Shubh Muhurat: This day is considered a very auspicious occasion to buy gold. Here is a complete city-wise list of auspicious time to buy gold

Akshaya Tritiya 2024 Shubh Muhurat: City-wise auspicious time to buy gold
Updated On : 08 May 2024 | 2:37 PM IST

Jewellers see 40% jump in sales on Akshaya Tritiya despite high gold prices

Jewellery sales are expected to have increased by more than 40 per cent this Akshaya Tritiya, said GJC chief Sayam Mehra

Jewellers see 40% jump in sales on Akshaya Tritiya despite high gold prices
Updated On : 24 Apr 2023 | 10:03 AM IST

Akshaya Tritiya: Lightweight jewellery big hit as gold turns costlier

Some jewellers said last year's demand was "exceptional", following a near washout in the pandemic-affected years of 2020 and 2021

Akshaya Tritiya: Lightweight jewellery big hit as gold turns costlier
Updated On : 23 Apr 2023 | 11:30 PM IST

Sales sluggish on Akshaya Tritiya, lightweight items preferred: Jewellers

Sales of jewellery and gold items remained sluggish on the auspicious Akshaya Tritiya day on Saturday despite heavy footfalls at stores as high prices of the precious metal dampened the festive demand, according to jewellers. Jewellers are expecting a nearly 10 per cent decline in sales volume on Akshaya Tritiya this year compared to last year as gold prices have zoomed around 20 per cent since last year and customers are either making token purchases or going for lightweight jewellery. Akshaya Tritiya day is considered auspicious for buying gold, jewellery and valuables. However, as the auspicious occasion is spread over two days this year, jewellers are hopeful that sales will revive on Sunday. There have been steady footfalls since morning in jewellery retail stores, however, consumers are mainly going in for lightweight jewellery or 1-2 grams of gold coins as a token purchase to celebrate the festive occasion, jewellers said. "We have been getting positive responses on consumer

Sales sluggish on Akshaya Tritiya, lightweight items preferred: Jewellers
Updated On : 22 Apr 2023 | 10:43 PM IST

Akshaya Tritiya: Jewellers expect pick up in sales as gold prices soften

The recent softening of the gold price has supported demand for the yellow metal on the auspicious day of Akshaya Tritiya and jewellers have been witnessing steady footfalls since morning. "Since morning the footfalls have been good, mostly supported by the price coming down to around Rs 56,500 levels for 22 karat gold," All India Gem and Jewelry Domestic Council (GJC) chairman Sayam Mehra told PTI. People are buying new jewellery, mostly in light weight, and also picking up the pre-booked items. The footfalls are expected to increase as the day progresses, Mehra said. Jewellery from 5-33 grams and coins in 1-2 grams range are popular this year, he said, adding that this year, after Hallmarking, jewellery has become more popular than coins. "This year we expect business to be around 17-18 tonnes in terms of volume on Akshaya Tritiya. Last year, people bought wedding jewellery as the marriage season was immediately after Akshaya Tritiya. However, this year it's in June-July, so the

Akshaya Tritiya: Jewellers expect pick up in sales as gold prices soften
Updated On : 22 Apr 2023 | 1:40 PM IST

Akshaya Trithiya 2023: Most auspicious day to buy gold for Hindus

Akshaya Tritiya is an auspicious day to buy and invest in gold; the Shubh Muhurat to invest in gold is from 7:49 a.m. on April 22 to 7:47 a.m. on April 23

Akshaya Trithiya 2023: Most auspicious day to buy gold for Hindus
Updated On : 21 Apr 2023 | 5:30 PM IST

High inflation, Ukraine crisis boost jewellery sales on Akshaya Tritiya

Jewellers of Kolkata are happy on the auspicious day of Akshaya Tritiya to witness a footfall jump of 30-40 per cent compared to normal days

High inflation, Ukraine crisis boost jewellery sales on Akshaya Tritiya
Updated On : 04 May 2022 | 1:29 AM IST

Akshaya Tritiya 2022: People celebrate with fervour, take holy dip in Ganga

Several leaders from the political spheres also extended their greetings on the occasion.

Akshaya Tritiya 2022: People celebrate with fervour, take holy dip in Ganga
Updated On : 03 May 2022 | 10:01 AM IST

Jewellers see just 10% of pre-Covid sales as lockdown hits sentiment

For the second straight year, the gems and jewellery industry is set for almost a washout of business on Akshaya Tritiya as only about 10 per cent of pre-COVID sales of 2019 are expected on Friday amid the raging pandemic sapping footfalls and purchasing power of people. 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. Some organised players like Kalyan Jewellers did online bookings of gold which will be physically delivered later. "The second wave of the pandemic is turning out to be much worse than last year with huge loss of life across the country. This has created an overall negative consumer sentiment," All-India Gems & Jewellery Domestic Council (GJC) chairman Ashish Pethe told PTI. He said lockdowns are imposed in almost 90 per cent of the states, where retail jewellery stores are closed and no delivery is allowed. This year, Pethe said, the

Jewellers see just 10% of pre-Covid sales as lockdown hits sentiment
Updated On : 14 May 2021 | 9:50 PM IST

Akshaya Tritiya begins on sombre note; jewellers expect 10-15% sales

Akshaya Tritiya, a highly auspicious day to purchase gold, has started on a sombre note and jewellers are expecting only 10-15 per cent sales as the onset of the COVID-19 second wave, local restrictions and partial lockdowns have affected consumer sentiment. "As most of the states are under lockdown to curb the infections there is almost no business activity. The day of Akshaya Tritiya has begun on a slow note and whatever booking or enquiries are happening it is only through tele or digital medium," All-India Gems & Jewellery Domestic Council (GJC) chairman Ashish Pethe told PTI. He said, jewellers are expecting only 10-15 per cent sales this Akshaya Tritiya in places where the lockdown is not imposed or there are partial shutdowns. The second wave of the pandemic is turning out to be much worse than last year with huge loss of life across the country causing an overall negative consumer sentiment, Pethe said. India's COVID-19 tally of cases climbed to 2,40,46,809, while the ...

Akshaya Tritiya begins on sombre note; jewellers expect 10-15% sales
Updated On : 14 May 2021 | 2:03 PM IST

Gold at all-time high of Rs 46,879 on fear of a second Covid-19 wave

If 3% GST is considered, price is just Rs 1,715 away from Rs 50,000 per 10 gram; Silver hits Rs 45,035 a kg, up Rs 2,050 from yesterday

Gold at all-time high of Rs 46,879 on fear of a second Covid-19 wave
Updated On : 15 May 2020 | 9:35 PM IST

Govt posts third-highest mop-up ever in gold bond sales this April

Physical sales were very limited due to the lockdown and sovereign gold bonds were one of the few avenues available to invest in the precios metal

Govt posts third-highest mop-up ever in gold bond sales this April
Updated On : 02 May 2020 | 1:18 AM IST

Covid-19 lockdown: Jewellers reaching out to customers via online offers

Jewellers in Mumbai's largest gold market, Zaveri Bazar, will offer online jewellery sale on Akshaya Tritiya

Covid-19 lockdown: Jewellers reaching out to customers via online offers
Updated On : 25 Apr 2020 | 1:34 PM IST

Prices, goods and services tax mar gold buying ahead of Akshaya Tritiya

The reasons for this are manifold: Gold prices this year are higher than last year, and the goods and services tax (GST) is an additional burden for consumers

Prices, goods and services tax mar gold buying ahead of Akshaya Tritiya
Updated On : 07 Nov 2019 | 7:38 AM IST