India : GCC offers gold coins feast for Akshaya Tritiya!
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Yona [2011-05-20]
The Gold Club of Chennai (GCC) is all set introduce 24-carat gold coins at its member stores, tomorrow.
Available in different weights from one to 10 grams, these can be exchanged for money or gold in future.
Timed around Akshaya Tritiya, this is move expected to attract consumers who thought of gold as investment.
According to Hindu calendar, Akshaya Tritiya (April 19-20), is one of the most pious occasions for jewelry purchase.
Statistics show that over gold sales around this time in 2006 reached 38 tons, and is expected to go up this year.
GCC has more than 200 outlets including Nathella Anjaneyulu Chetty, G.R.Thangamaligai, Original Kerala Jewellers, Mehta Jewellery, Vummidi Bangaru Chetty, Prince, Kirtilal, Khazana and Vummidi Bangaru Jewellers.