Page 2 - Dhanteras

Happy Dhanteras 2023: Top 20 wishes, quotes and messages to share

India is celebrating Dhanteras today, the first day of the five-day festival, Diwali. This day brings prosperity and good luck to your home. Here are the top 20 wishes, quotes and messages to share

Delhi traffic updates: Police issue advisory for Diwali, Dhanteras. Details

This year, Dhanteras will be celebrated on November 10 and Diwali falls on November 12. Areas including Chandani Chowk, Khari Baoli, Connaught Place will likely see congestion.

Go for gold bonds if you have long horizon, ETFs if you need liquidity

Buy jewellery for consumption; it is inefficient for investment purposes

Dhanteras 2023: Investment demand could drive gold prices up from current levels

Top 6 investments on Dhanteras 2023 to bring prosperity to your home

Investing money in gold and silver has become a tradition on Dhanteras. If you are looking for some investment opportunities, then here are the top 6 investment opportunities on Dhanteras 2023

Dhanteras 2023: Traditions and best time to purchase gold and silver

As per popular legends and beliefs in the Hindu tradition, purchasing gold and adornments on Dhanteras is believed to bring prosperity and good fortune to a family

Dhanteras 2023: History, puja timings, shubh muhurat of Dhanteras

Diwali starts with Dhanteras, a day representing wealth, prosperity, and neatness. It is viewed as a favourable day for purchasing gold, silver, or new garments for special events

Q3 gold demand up 10%; price to play key role in Dhanteras buying

Gold demand in India, the world's second-largest consumer of the yellow metal, rose 10 per cent to 210.2 tonnes during the third quarter of this calendar year, aided by softening of gold prices and festive demand, according to the World Gold Council (WGC). Speaking to PTI, WGC India Regional CEO Somasundaram PR said gold prices softened a bit during the last quarter but now they have started inching up. Prices will play a critical role during the Dhanteras festival and wedding season in the next two months. Trade feedback is that consumers have accepted the Rs 60,000 per ten-gram price point, so a downward correction could trigger a significant jump in demand. Dhanteras is considered the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils, to other valuables. Releasing the quarterly gold demand report, the WGC said India's gold demand increased to 210.2 tonnes during the third quarter of 2023 calendar year, from 191.7 tonnes in the ..

Positive cues for gold's glitter: End of rate hikes, easing by US Fed

Gold's positive performance has come after a rollercoaster ride

India's gold demand in Jan-Mar drops by 17% due to high prices: WGC

Sharp rise in gold prices and volatility combined with fewer auspicious days to trigger consumption, has led to many households deferring buying perhaps in anticipation of a downward price correction

Premiumisation drove the surge in smartphone sales this festive season

Smartphone sales were up 40% during Navratri and Dussehra, over the Shradh period. The premium segment and 5G-enabled devices drove most of this growth, says GfK report

Dhanteras kickstarts on positive note, jewellers eye up to 20% growth

Two-day pre-Diwali Dhanteras buying of gold and silver began on a positive note on Saturday with some big jewellers and an industry body anticipating a further pickup in demand by Sunday and up to 20 per cent higher sales than the last year. High gold prices have not deterred consumers from buying on Dhanteras, which is considered the most auspicious day in the Hindu calendar for buying items ranging from precious metals to utensils, to other valuables. On Saturday, gold prices were ruling at Rs 50,139 per 10 grams, excluding taxes, in the national capital, much higher than Rs 47,644 per 10 grams on Dhanteras day in 2021. Normally, 20-30 tonnes of gold is sold on a Dhanteras day. "As this year Dhanteras is spread over the weekend, we expect the momentum to increase towards evening and tomorrow," All India Gem And Jewellery Domestic Council Chairman Ashish Pethe told PTI. The market response has been good on the first day of Dhanteras and is likely to continue on Sunday as well, h

Around Rs 40,000 cr of business expected during 2-days of Dhanteras: CAIT

Around Rs 40,000 crore of business is expected to be generated on this Dhanteras, which is spread over the weekend, on the back of positive consumer sentiment, the Confederation of All India Traders (CAIT) said on Saturday. Dhanteras, the first day of Diwali, is considered auspicious to buy new items, especially gold, silver jewellery, all kinds of utensils, kitchenware, vehicles, clothes and readymade garments, electronics, electrical goods among others. This year Dhanteras is spread over the weekend, with the muhurat beginning from 2 pm on Saturday till 6 pm on Sunday. "Around Rs 40,000 crores of business" is expected on two days festival of Dhanteras, CAIT national president B C Bhartia said in a statement. All India Jewellers and Goldsmith Federation national president Pankaj Arora said there is great enthusiasm among jewellery traders across the country regarding the sale of Dhanteras on Saturday and Sunday, for which the industry has made elaborate preparations. There is als

India logs Dhanteras gold rush, jewellery sees 595% jump in orders: Report

India Witnesses the Dhanteras Gold Rush, Jewelry Sees a 595 percent Increase in Orders During the Diwali Season: Razorpay Festive Report

Dhanteras begins on positive note; jewellers expect footfalls to increase

Dhanteras, spread over two days of the weekend, got off to an auspicious start on Saturday as consumers began trickling in to markets, with jewellers expecting the momentum to increase towards the evening. Dhanteras, which marks the first day of Diwali in India, is considered an auspicious occasion to buy gold and silver as part of Hindu festivities. "Since the day has just begun, the footfalls are just trickling in. As this year Dhanteras is spread over the weekend, we expect the momentum to increase towards the afternoon and evening and tomorrow. "Mainly, since morning people who had pre-booked, are coming to pick up the items to avoid the crowd," All India Gem And Jewellery Domestic Council chairman Ashish Pethe told PTI. Since the last 3-4 days the consumer sentiment has been good and the sales momentum has been positive. The industry expects a good two days of business, he added. PNG Jewellers Chairman and Managing Director Saurabh Gadgil said in Maharashtra, the footfalls ha

Diwali 2022: Dhanteras likely to see bumper demand for jewellery

Industry captains expect a 15-20% increase in demand over last year's high base

Long-term investors should invest in gold through SGBs, say experts

Those who desire liquidity should opt for a gold ETF having low expense ratio and high volume

Planning to buy gold this Dhanteras? Check price, purity and hallmarking

The price of the gold depends on the karat which is a measurement of the purity of a piece of gold

Gold jewellers see best Dhanteras in three years amid pent-up demand

According to market veterans, on average gold sales are estimated around 20-30 tonnes on the day of Dhanteras

Dhanteras glitter dims for consumer appliances firms, automakers

Inflation, second Covid-19 wave, semiconductor shortage major reasons behind tepid sales