Gold demand up 20%, but buyers prefer light-weight jewellery

Gold demand is expected to be 10 per cent higher on a Y-o-Y basis.

Gold demand rose by 10-20 per cent this AkshayaTritiya from last year though the average ticket size was Rs 30,000-50,000 with people preferring light jewellery over heavy ones. Gold coins saw some traction this Akshaya Tritiya as investors felt that the yellow metal may gain safe haven status following growing China-US trade tensions.

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