look news india
On the occasion of Akshaya Tritiya in Ahmedabad, gold lost Rs 1,000 and silver Rs 2,000. The price of 10 grams of gold of 24 carat was 98,000 and one kilogram of silver was 96,000. Despite the price reduction, the presence of customers in various jewelers shops in Ahmedabad city was low. According to a merchant of CG Road, last year, 150 kg of gold was sold in Ahmedabad on Akshaya Tritiya. This year, due to unbearable heat and price increase, only 50 kg of gold is sold, and a large number of customers also did not come to the shops. This means that gold worth about 50 crores sold.
Customers usually buy 10, 15, 20 grams of gold rods. This time, due to the increase in prices, consumers bought only 1, 2 and 5 grams gold biscuits. Overall, traders claimed that only 40 percent of the customers were present on Akhtriya in Ahmedabad city this year. The customers did not come to the shops despite giving attractive schemes on Akshaya Tritiya despite the jewelers giving 20 per cent discount on making charge, discounts of up to Rs 8 lakh and giving silver coins gifts. And most of the people who came went without any purchase. Gold fell by $ 32 to $ 3,278 an ounce in the global market on Wednesday. Silver declined by 92 cents. With this, the price of silver increased to $ 32.37 an ounce. Gold fell by Rs 1,750 to Rs 93,842 per 10 grams in the spot market. While silver fell by Rs 3,362. With this, the price of one kilogram of silver increased to Rs 93,500. Gold fell by $ 50.80 to $ 3,282.80 an ounce in the comex market. Silver fell 1.105 cents to $ 32,170 an ounce.