Gold demand on Akshay Tritiya likely to plunge 95 per cent due to Covid lockdown

With jewellery shops shut due to the lockdown to control coronavirus, the demand for gold on auspicious Akshaya Tritiya is estimated to plunge by around 95 per cent and only negligible sales happening through digital mode. Sharp rise in gold prices by over 52 per cent in the last one year is also a dampener.

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