New Delhi, April 29 -- Gold demand in India is expected to remain strong during Akshaya Tritiya this year, despite the surge in prices, as buyers are drawn by the high returns seen over the past two years.
Experts say that despite a surge in rates, there will be accelerated consumer interest in the yellow metal with people moving towards lightweight and studded jewellery.
Commodity experts, however, believe that there will likely be a pullback in gold prices in the coming months, following the recent sharp uptick, with prices crossing Rs 1 lakh per 10 grams.
Rajesh Rokde, Chairman of the Gem and Jewellery Council of India (GJC), told ANI that gold has delivered an annual return of 20-25 per cent over the last two years.
"Last year, on...
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