This year's Indian Akshaya Tritiya festival helped boost retail gold sale volumes in the Gulf region by 11 percent compared to last year's despite high bullion prices, the World Gold Council (WGC) said on Tuesday.
More than 720 kilograms of gold worth around $30 million was sold in the Gulf region during the one day festival on Sunday, according to WGC data.
The data showed the sales represented a 12 percent increase in revenues compared to the same day last year.
