Despite the record-breaking surge in gold prices, jewelers in India are optimistic about a healthy demand for the upcoming Akshaya Tritiya festival. This optimism is fueled by the availability of lighter and more affordable jewelry options in the market. The jewelry industry is responding to the economic challenges by offering a variety of designs that cater to different budget ranges. Akshaya Tritiya is considered an auspicious day for making gold purchases, and traditionally, there is a significant increase in sales during this time. Consumers are expected to gravitate towards more budget-friendly ornaments this year, as the price of gold continues to rise. Jewelers are focusing on providing a diverse range of designs to attract customers from various financial backgrounds. The adaptability of the industry to the current economic climate is evident in their strategies to meet the demands of the market during this festive season. Despite the challenging market conditions, the anticipation of healthy sales during Akshaya Tritiya reflects the resilience of the jewelry sector in India.

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“Jewelers Expect Strong Demand for Affordable Gold on Akshaya Tritiya Despite Record Prices”
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