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However, jewelry makers have chosen to sell gold on Akshay III.
Gold bracelets sit on display inside a Titan Co. Tanishq jewelry store during the Dhanteras festival in Mumbai, India on Friday, October. 25, 2019. Gold sales on India’s most auspicious day to buy the metal fell this year as high prices and worries about an economic slowdown saw customers limit purchases. Photographer: Dhiraj Singh / Bloomberg via Getty Images
New Delhi: Due to the blockade, almost all stores except essential products are closed across the country. Although some stores may open conditionally starting today, not all are likely to open very soon. Meanwhile, Akshay III is tomorrow. According to the Hindus, many people buy gold on this auspicious day. According to the ICRA rating agency, Akshay III buys and sells an average of 20-25 tonnes of gold, which is 4 percent of India’s annual gold buy and sell. But what will happen this time? Gold is not falling on essential merchandise. As a result, this time Akshay III will not be able to see the familiar image like other times.
However, jewelry makers have chosen to sell gold on Akshay III. Although there is no chance of obtaining it on the third day, gold can be purchased online that day. It will be delivered to the home of the buyer in question after closing the closure.
Ajay Chawla, CEO of Titan Company Limited, said: We have facilities like video calling, live assisted chat on the website. A remote war room has also been created to answer any questions from buyers.
According to Kalyan Jewelers, gold property certificates are sold online with Akshay III in mind. Malabar Gold and Diamonds also offers the opportunity to buy gold online. Paytm is selling gold online in a joint venture with MMTC-PAMP.
“The decision to buy gold is a very good one right now,” said Pankaj Bobade, chief research officer at Axis Securities. It would be wise to invest in gold in the way that the world economy has stagnated due to the corona virus. Gold will be identified as the safest investment in the future. This time, Akshay III can be invested in Gold ETF.
