Gold retail sales touches 50 tonne this month

The All India Gems and Jewellery Trade Federation (GJF) has announced a growth of 66% in sales of gold for the period from October 1 to October 20 as compared to the same period last year. Sales reached 50 tonne during the period, aided by sales promotions organised by retailers across 217 cities.The Lucky Lakshmi festival, which is the world’s largest jewellery festival, has been instrumental in the growth of gold sales this year.