29.04.2011 - India: Gold soars but buyers bet on Akshaya Tritiya
Despite soaring gold prices, jewellers are gearing up to meet the demand from consumers on Akshaya Tritiya (Hindu Festival), which falls on May 6. Though prices of 22 carat gold used in making jewellery have gone up by 30% year on year, jewellers , in expectation of good sales, have introduced new offers and schemes to attract consumers . Some are offering advance booking to neutralise the impact of rising prices. Gold coin sales, which have picked up in the recent months, also earn good revenue for jewellers..............................................Full Article: Source
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