10.05.2016 - India: Business is sluggish this Akshaya Trithiya due to rising gold prices
It was a rush for gold on the auspicious day of Akshaya Trithiya on Monday with people thronging various jewellery shops across the city to mark the occasion with a good buy. According to S Venkatesh Babu, president, Karnataka State Jewellers’ Federation (KJF), the business this year has been low due to the rising gold prices when compared to that of the previous year. The gold price for the day stood at Rs 2,850 per gram and Rs 3,050 for pure gold (24 carat)...............................................Full Article: Source
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