Gold Probable to Gain Sheen as Marriage Season All Set to Arrive

May 18 13:39 2015

gold necklaceNew Delhi, Monday, May 18 – Despite May and June being hotter months, many couples tie the wedding knot whenever an ideal date to enter in the institution of marriage is decided. Story is not supposed to differ this year as well. Since several youngsters are all set to marry in next to no time, some rise in the number of enthusiastic buyers heading in bullion market was lately noticed.

The purchasing of gold hasn’t been consistent in the last few months. The kind of rise it saw during late 2012 and early 2013 was huge. If truth be told then many dropped idea of buying yellow metal post noticing the continuous increase it gold’s price per ten gram during that period. Situations are a lot dissimilar at present.

People are up to pay money for gold ornaments but not ready to splurge, taking into consideration the ‘not so good profit’ in future. The idea of investing in precious metal has taken a back seat as many market analysts from time to time advised people to think twice before spending humongous amounts in yellow metal as returns could not be same what they thought earlier.

However, as the time nears for wedding date, potential buyers make sure to get gold in the forms of chains, mangalsutras, earrings, kundals, armlets and bangles. Demand for anklets, silver coins, belly chains etc. is also mounting up. It may surge more when only a day or two is left for the big event to take place.

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