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Higher prices fail to dent love for gold on Akshaya Tritiya

canada goose outlet vancouver Undeterred by a steep rise in retail gold prices, consumers thronged jewellery canadian goose jacket showrooms across the country on the Akshaya Tritiya today leading to the industry to expect a 10 per cent spike in sales on canada goose black friday sale the auspicious occasion. canada goose outlet vancouver

canada goose sale uk Gold prices continued to move northward, rising by Rs 135 for 10 grams today to close at Rs 31,290 per 10 grams. The precious metal had been on the rise for the past two three days ahead of the big canada goose coats on sale sales day. canada goose sale uk

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He said, the main muhurat will begin from 3 pm and will last till 10 pm, when the maximum sales will take place.

canada goose outlet locations in toronto “Also, being a working canada goose outlet day, the muhurat canada goose coats is convenient. Looking at the current trend, the business is likely to be 10 per cent more than last year,” he added. canada goose outlet locations in toronto

canada goose outlet store calgary Gold has a special place in the Akshaya Tritiya celebrations and this year too, activity points to the return of positive sentiment, said Somasundaram PR, managing director at World Gold Council India. canada goose outlet store calgary

canada goose shop uk All India Gem Jewellery Domestic Council vice chairman Canada Goose Online Anantha Padmanaban said the day began on a buy canada goose jacket slow pace but gathered momentum towards the evening. canada goose shop uk

“We expect the momentum to gather speed late in the evening as today is a working day. Mostly business is brisk in the south. However, it slower in the north, central and the western regions.

canada goose outlet real “Looking at the trends from different parts we are expecting a 10 per cent growth in sales during this Akshya Tritiya canada goose clearance sale compared to last year,” he added. canada goose outlet real

Mumbai based jeweller Kumar Jain Canada Goose Parka said the momentum is very good with high footfalls, which is not at all deterred by the rise in gold prices.

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canada goose jacket outlet uk Thrissur headquartered Kalyan Jewellers chairman TS Kalyanaraman canada goose store said the sales momentum has been good from the morning across his stores. canada goose jacket outlet uk

canada goose outlet website legit “We expect over 25 per cent growth in sales this year. Higher price does not seem to have dampened the spirit as a shift to the organised sector has boosted the market sentiment,” he said. canada goose outlet website legit

canada goose outlet in new york A combination of big ticket wedding purchases coinciding with the Akshya Tritiya and also light weight purchases are doing well. canada goose outlet in new york

canada goose outlet edmonton “We believe this momentum will continue into the evening. Among regions, business is bullish canada goose clearance in Karnataka and Bengal with Canada Goose online strong sales,” Kalyanaraman added. canada goose outlet edmonton

canada goose outlet winnipeg address Echoing the views, Sandeep Kulhalli, senior vice president for marketing and retail at Titan said, “We performed well this Akshaya Tritiya compared to previous years, with volumes being much higher than expectation.” canada goose outlet winnipeg address

canada goose outlet store near me The overall customer sentiment is quite positive in the metros, he added. canada goose outlet store near me

canada goose outlet montreal Malabar Gold Diamonds chairman canada goose uk shop Ahammed MP said lightweight jewellery has emerged the fastest moving product category at their cheap canada goose uk stores this season. canada goose outlet montreal

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“Wedding jewellery purchases and rising prices have also contributed canada goose factory sale to higher sales today,” he added.

Ketan Chokshi, managing director of Vadodara based Narayan Jewellers said the sharp rise in prices did not affect buying.

canada goose outlet us Chokshi hopes demand to increase by 5 10 per cent compared to uk canada goose previous two years after demonetisation and GST. canada goose outlet us

goose outlet canada Saurabh Soni of Navin Jewellers said unlike with other metals, gold demand always rises with prices as it boosts customer sentiment. goose outlet canada

canada goose outlet new york Jewellers said demand for gold is expected to be buoyant this time around on stable economic factors like the prediction of a normal monsoon and an increase in the minimum support price for crops. canada goose outlet new york

Market stabilisation in the aftermath of GST related uncertainties, shift from unorganised to organised sector and customer centric initiatives will also contribute in boosting Canada Goose Jackets sales, they said.

canada goose jacket outlet sale Jewellers have also been wooing customers with attractive offers, including free gold coins and diamonds on every purchase and a complete waiver or discounts on making charges canada goose jacket outlet sale.