High gold prices dim Akshaya Tritiya sales: Volume likely down by 30%, but value sales expected to rise 15-25%

May 1, 2025

High gold prices significantly impacted Akshaya Tritiya sales, with volume declining by an estimated 30% nationwide. While overall gold sales volume decreased, value increased by 15-20% due to soaring prices, reaching ₹98,469 per 10 grams with GST. South India showed stronger demand, particularly for plain gold and diamond jewellery, contrasting with muted demand in other regions.

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