Gold prices have historically inched higher during Akshaya Tritiya
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Indian weddings, birthdays and religious festivals, account for top three events qualifying for gold buying. As we approach the season of prosperity, Festival of Akshaya Tritiya, it is very important to see how has the gold prices moved till now and what does it look like from here on. There are several factors which have contributed to gold’s movement in past few years, pandemic being one of major one. Although, from now we point out three major factors to keep an eye on for gauging direction in gold i.e. geo-political tensions, inflationary concerns and central bank’s policies.