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Gold on akshaya tritiya: Jewelry is considered a symbol of prosperity. Whether it is marriage or any other auspicious work, it definitely needs it. Apart from this, it is also believed that in bad times it is very useful for people. However, people often like to buy on auspicious time. Today is a special occasion of Akshaya Tritiya and there is a belief in Indian society that on this day people shop a lot of jewelery. According to an estimate, on the occasion of Akshaya Tritiya, this time a business of about 16 thousand crores can be done.
The most shopping of gold is either married or close to Akshaya Tritiya and the national capital Delhi. This is the reason that in these days its price is very fast. Just a week ago, on April 22, the price of gold had crossed around one lakh rupees, which was a historic increase.
Prices increased by 46% in last five years
But if we look at the price of the last five years on the occasion of Akshaya Tritiya, then you will find that on 20 April 2025, gold is being sold above Rs 94, while the last time it was being sold on the day of Akshaya Tritiya i.e. on May 10, 2024 at a price of Rs 72,727. That is, 21.98 percent returns would have been received on gold in just one year.
Similarly, if someone had invested in gold on 22 April 2023, he would have benefited by 17.35 percent. Apart from this, at that time, gold was being sold at the rate of Rs 46,527 at that time, that is, it has increased by 45.98 percent in five years. In such a situation, due to global uncertainties at this time, this huge increase in gold is being seen.
Estimation of 16 thousand crores of business
Amidst a rapid bounce in the prices of gold, the auspicious day of Akshaya Tritiya will see a ‘mixed trend’ in the domestic jewelery market in the domestic jewelery market. This is to say of the Confederation of All India Traders (CAT). Kat said in his estimate on Tuesday. Whereas Pankaj Arora, President of All India Jewelry and Swarnakar Mahasangh, has estimated a business of Rs 16,000 crore on Akshaya Tritiya to be celebrated on April 30.
Kat said in a statement, “This year, before Akshaya Tritiya, there is a mixed trend in jewelery markets across the country, mainly due to a sharp jump in gold prices in recent weeks.” Currently gold prices have reached one lakh rupees per 10 grams, while last year Akshaya Tritiya’s days gold price It was Rs 73,500. Similarly, silver price has increased from Rs 86,000 per kg to Rs 1 lakh per kg.
