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Akshaya Tritiya sees tepid demand on gold price surge

Akshaya Tritiya sees tepid demand on gold price surge

Gold demand during India's Akshaya Tritiya festival remained subdued as record prices curbed jewellery purchases, despite a slight increase in investment demand. Consumers shifted towards gold coins, with overall buying volume lower, though value spending was higher due to elevated prices. This reflects a changing trend of price-sensitive buyers purchasing throughout the year.

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