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Gold may shine brighter this Akshaya Tritiya

Gold may shine brighter this Akshaya Tritiya

Tuesday, April 18, 2017, 12:57 PM

Gold traders are expecting Akshaya Tritiya sales to be better. Demand for gold on the April-28 Hindu festival, which some communities consider auspicious for buying gold, could also swell on buyers' fears that the GST could turn the metal costlier, they said. The current 1% VAT may be replaced by a 6% GST in addition to the import duty which stands at 10%.
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