On the auspicious day of Akshaya Tritiya, buying gold is a tradition in India. CNBC-TV18’s Priya Sheth visited the stores of Zaveri Bazaar for a quick mood.
The jewellers in the bazaar are expecting an 8-10 percent increase in sales today. The price of gold today is at about Rs 32,700 per 10 grams.
The jewellers are also expecting a pickup in light jewellery and expect a lot of customers to come in and buy gold coins, light necklaces, pendants etc.
Several jewellers are offering discounts on making charges of around 10-20 percent and are giving away silver coins and free gifts on purchase of larger orders.