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The Midas Touch Falters COVID Curfew 2021 Gudi Padwa is usually an occasion for massive gold sales, but this time round with shops shut, many jewellers are ruing imposed restrictions, demanding reopening, while some others feel they should stay at home, but need govt aid to recover In India, buying or gifting gold is most often a sign of celebration, especially for occasions like marriage, childbirth and religious festivals. Interestingly, amid grim analyses of the ongoing recession in the Indian economy and in the thick of the COVID-19 pandemic’s onset, the precious yellow metal had still reached its highest price in the month of August last year, crossing 56,000 per 10 grams mark. Thereafter, sales in the local and national gold market picked up after Dussehra 2020 and showed a steady incline even after Diwali.

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