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​Akshaya Tritiya 2021: How to buy digital gold amid Covid-19 lockdown


​Akshaya Tritiya 2021: How to buy digital gold amid Covid-19 lockdown
Sunil Dhawan
© Provided by The Financial Express
Overall, the gold price is flat over 12-month period and is also around Rs 10,000 lower from its August 2020 highs.
On the occasion of Akshaya Tritiya 2021, the gold price in India is almost at the same level as was seen during the Akshaya Tritiya 2020. The price of gold per ten gram is currently at around Rs 47,000 after having recovered from the lows of about Rs 43,000 in the recent past. Even the gold futures prices on MCX have started to shore up recently. The MCX gold price continues to exhibit a strong solid show after a big blowout of the US Nonfarm payrolls data. After hitting a more than two weeks low of Rs 46,462 MCX Gold made a reversal to currently trading around Rs 47,900. The Immediate resistance is at Rs 48250 and then at Rs 48360. So consistent trading above Rs 48400 will open doors for Rs 49000 – Rs 49700, ....

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PM Modi transfers Rs 19,000 crores to 10 crore farmers under PM-KISAN


PM Modi transfers Rs 19,000 crores to 10 crore farmers under PM-KISAN
ANI |
Updated: May 14, 2021 12:54 IST
New Delhi [India], May 14 (ANI): Prime Minister Narendra Modi on Friday directly transferred around Rs 19,000 crores to the bank accounts of 10 crore farmers across the country under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN).
While speaking at the occasion of transferring of the eighth installment under the PM-KISAN, the Prime Minister said that farmers from West Bengal will benefit from the scheme for the first time.
On this auspicious day of Akshaya Tritya, around Rs 19,000 crores have directly been transferred to the banks of farmers. It would benefit close to 10 crore farmers. For the first time, farmers from West Bengal will be benefitted from this scheme, PM Modi said. ....

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Setting Aside Sentiment, Gold Sales Decline On Akshaya Tritiya


May 13, 2021, 15:28 IST
Considering the pandemic situation this year, there may not be any increase in gold sales on Akshaya Tritiya which will be observed throughout the country on Friday. One of the reasons for the gold sales decline could be the just-started Covid-triggered lockdown in Telangana. 
In this pandemic crisis, people prefer to hold on to cash to meet any medical emergency.
Jewellery outlets have already announced many exciting offers to attract customers as people believe it s auspicious to buy gold on Akshaya Tritya. Given the current situation of virus numbers and lockdown across the country, the chances of people going in for gold appears bleak with many jewellers expecting sales to be below normal. ....

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With most states under lockdown, jewellers expect low demand on Akshaya Tritiya


With most states under lockdown, jewellers expect low demand on Akshaya Tritiya
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Synopsis
With lockdowns and restrictions across most states due to the surge in Covid-19 cases, jewellers expect very little demand for gold this Akshaya Tritiya, a day believed to be auspicious to purchase the metal.
Agencies
Jewellers said retailers, not just jewellers, were not given any respite on loans, rents or taxes.
For the jewellery trade, it will be a second year of low sales on the Akshaya Tritiya day, which falls on May 14 this year.
With lockdowns and restrictions across most states due to the surge in Covid-19 cases, jewellers expect very little demand for gold this Akshaya Tritiya, a day believed to be auspicious to purchase the metal. ....

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