Half gram gold in Chennai - Akshaya Tritiya/Trithya 2009 on April 27th

Gold is back in favour with consumers shifting their focus on the precious metal on the back of moderation in prices. And Akshaya Tritiya, falling on April 27, may provide a good opportunity for consumers in Chennai and India. But jewellers fear that retail purchasers may not go for the traditional 5-10 gm coins. To counter this, the World Gold Council (WGC), the gold sales promoting agency sponsored by miners, is planning to popularise half-gm gold coins.

“Reducing the coin size will serve two purposes. Consumers will continue to aspire for gold but at a lower investment, thus saving money to fulfill other needs. At the same time, they can also celebrate the occasion which is auspicious for buying gold,” a jeweller said.

Buy Gold and Silver in Chennai as an investment...

Half gram gold in Chennai - Akshaya Tritiya/Trithya 2009 on April 27th

Gold is back in favour with consumers shifting their focus on the precious metal on the back of moderation in prices. And Akshaya Tritiya, falling on April 27, may provide a good opportunity for consumers in Chennai and India. But jewellers fear that retail purchasers may not go for the traditional 5-10 gm coins. To counter this, the World Gold Council (WGC), the gold sales promoting agency sponsored by miners, is planning to popularise half-gm gold coins.

“Reducing the coin size will serve two purposes. Consumers will continue to aspire for gold but at a lower investment, thus saving money to fulfill other needs. At the same time, they can also celebrate the occasion which is auspicious for buying gold,” a jeweller said.

Buy Gold and Silver in Chennai as an investment...

Gold Future: Chennai Live Gold Prices: Gold Rates in India

As the world demand for gold has absorbed quite large quantities of Central banks gold stocks over the past decade, with only a fairly small downward effect on prices, we believe that gold prices are more likely to increase over the next few years than to decrease. Certainly the upside potential must now be considerably stronger than the downside potential.

See Live Gold Rates in India

See Live Gold Rates and Prices in international(US) dollars market

Gold Future: Chennai Live Gold Prices: Gold Rates in India

As the world demand for gold has absorbed quite large quantities of Central banks gold stocks over the past decade, with only a fairly small downward effect on prices, we believe that gold prices are more likely to increase over the next few years than to decrease. Certainly the upside potential must now be considerably stronger than the downside potential.

See Live Gold Rates in India

See Live Gold Rates and Prices in international(US) dollars market