Economic uncertainty across the globe has increased the appeal of the yellow metal among investors. This makes it a good store of value in the near future

At the beginning of year it was Rs 32,905 per 10 grams. Prices rose to Rs 35,000 by mid-February. After slipping to Rs 32,000 by early May, prices have only been rising since then

Titan Company share price which stood at Rs 1,328 level on July 3 has lost 17% since then due to a flurry of downgrades, a dim June quarter for jewellery business and rise in import duty on gold from 10% to 12% in Union Budget 2019.

Titan Company's share price has been losing for the last four days and fallen 14.87% in the period. Titan Company share price opened at a loss of 6.15% at 1175 level compared to the previous close of 1252.65 on BSE.

The Council predicts Indian demand for gold at 750-850 tonnes 2019, against 760 tonnes in 2018. The June quarter is expected to see brisk business on the back of the traditional wedding season buying and the Akshaya Tritiya festival.

The past many years had been bad for the sector as demonetisation and GST were big put-downers and this is the first Akshaya Tritiya since 2016 that is showing some visible volume uptick.

Gold in physical form has always been an attractive buy for Indians throughout the year. Gold which is highly liquid can always be sold for cash and traded for goods. Another benefit of buying gold is that the metal can be mortgaged for loans.

Today is Akshaya Tritiya 2019:  check out discounts and cashback deals offered by some of the top jewelers in the country

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On Akshay tritiya 2019, the recent fluctuations in gold prices have left one to wonder, whether gold is still a lucrative investment option for investors

Total gold recycled in India during the period also went up sharply by 14 per cent to 16.1 tonnes, as compared to 14.1 tonnes in Q1 2018

In the first quarter of this year, consumption rose 5 per cent from a year ago to 159 tonnes, also buoyed by more auspicious days for weddings and lower prices

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