| Gold demand during the festive season of Dhanteras, Dusshera and Diwali will surge by up to 70 per cent despite a rise in price of the yellow metal, according to gold jewellers and traders. The price of gold is expected to go up by almost Rs 2,000 per 10 grams during the season.
“The festive season is approaching, a season where people give gold items as gifts to each other. So the demand of gold is expected to grow by 65 to 70 per cent till the end of November,” Mr. Shashank Goyal, founder of SLG Jewellers told The Hindu. According to experts, the price of gold is expected to increase to Rs 28,500 per 10 grams by the end of October. It stands at Around Rs 26,700 at the moment...............................................Full Article: Source
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