Price rally, cash crunch dulls India's Akshaya Tritiya festival buying
By GCRU Gold News on Thursday, April 19 2018, 03:45 - Permalink
Demand for physical gold was lower-than-usual during a key festival in the world’s second biggest consumer India as local prices peaked and a cash crunch curbed retail spending.
On Wednesday, Indians celebrated the annual festival of Akshaya Tritiya, when buying gold is considered auspicious.