Akshaya Tritiya Demand Remain Weak in Karnataka; 2,795 KG Gold Jewelry Sold Out
Team Udayavani, Apr 30, 2017, 5:28 PM IST
Bengaluru: Gold jewelry demand during two days of Akshaya Tritiya on April 28 and 29, 2017 failed to meet the expectation of jewelry shop owners in the state. This year Akshaya Tritiya was celebrated on Friday and Saturday and there were expectations that there would be higher demand for gold, silver ornaments when compared to the last year when it was celebrated in a single day.
Last year, jewelries in Karnataka sold 2, 200 kg of gold and 1, 500 kg of Silver with a transaction of Rs 640 crore. However, crossing last year’s demand, this year 2, 795 kg gold and 780 kg silver jewelry was sold out at jewelry shops in the state, according to Karnataka State Jewelry Merchants Association.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Congress in K’taka to stage protest on Apr 28 against ‘paltry’ drought relief given by Centre
LS Polls 2024: PM Modi hell-bent on ‘revenge’ after K’taka ‘rejected’ him in assembly polls, says Congress
Why didn’t Modi give a single penny to Karnataka drought relief until SC intervened, asks Siddaramaiah
69.56 per cent voter turnout recorded in Karnataka’s first phase of polling
EC orders re-polling in Chamarajanagar LS segment of Karnataka
MUST WATCH
Latest Additions
With impact player, it is getting difficult each and every day: Pant
Congress in K’taka to stage protest on Apr 28 against ‘paltry’ drought relief given by Centre
McGurk, Stubbs rock as DC beat MI by 10 runs
‘Shaurya Smarak’ of three fallen Army officers unveiled in Jammu
BJP drops Poonam Mahajan, picks 26/11 prosecutor Ujjwal Nikam from Mumbai North Central seat