Come Akshaya Tritiya and Indian money start chasing gold. The yellow metal has not only efficaciously retained its value in times when other assets turned futile, but has also rewarded its investors with firm yet consistent returns. Akshay Tritiya the auspicious Indian day considered apt for buying the precious yellow metal is nearing. CapitalHeight Presents Huge Discount on its Services. Get Up To 50% Discount On Every Services Register Today or Visit Us On www.capitalheight.com or please call at +91 9993066624, 0731 - 6615050.
This day also known as Akha Teej falls on the 9th May, 2016. But the price of India’s favorite yellow metal is on a 2 year high this year, with valuation above INR 30k per 10 grams.As per the trading experts this rise in the gold prices is due to an upsurge in demand due to the ongoing wedding season, along with an international rally in the price of the precious metal.
This day also known as Akha Teej falls on the 9th May, 2016. But the price of India’s favorite yellow metal is on a 2 year high this year, with valuation above INR 30k per 10 grams.As per the trading experts this rise in the gold prices is due to an upsurge in demand due to the ongoing wedding season, along with an international rally in the price of the precious metal.
But what should Indian gold enthusiast do? Should they buy gold this Akshay Tritiya as tradition dictates?
Most financial experts are of the view that the present upsurge in gold prices is due to fundamental causes and will stick to remain firm where they are.While others agree that when it comes to India’s golden sentiments with this precious metal it is both structurally and functionally a weak spot. Since the beginning of this year the prices of gold have hiked up to 21 percent due to a weakened dollar in comparison to major currencies of the world. Also the prevalent outlook was that the US Federal Reserve will be slow to tighten the existing policy regarding the prices of gold.
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