Gold On Dhanteras

Dhanteras special: RBI brings home 102 tonnes of gold; here's why

According to the RBI's latest report on foreign exchange reserves, as of the end of September, the central bank holds 855 tonnes of gold, with 510.5 tonnes now stored domestically

Gold demand strong as import duty cut boosts Dhanteras buying: MMTC-PAMP

The gold demand in the country has strengthened during the key festival of Dhanteras, buoyed by a recent reduction in import duties and traditional buying patterns, a senior MMTC-PAMP official said on Tuesday. "The market sentiment for gold remains robust this Dhanteras season, with sustained demand for our pure gold products," MMTC-PAMP Managing Director and CEO Vikas Singh told PTI. The reduction in import duty from 15 per cent to 6 per cent has amplified festival season purchases, with consumers showing a strong preference for high-purity gold products, he said. "Customer preference for quality and purity continues to be a key driver in purchase decisions, particularly for our 24K gold products with 99.99 per cent + purity," Singh added. The positive momentum is expected to continue into the upcoming wedding season, which traditionally accounts for approximately half of India's annual gold consumption, Singh said. He noted that beyond seasonal factors, gold demand benefits from

Dhanteras festivities spark Rs 60,000 cr sales; China faces Rs 1.25 tn loss

This festive season, traditional markets like Chandni Chowk are bustling with buyers, particularly for gold, silver, and brass items, with gold sales alone estimated at Rs 20,000 crore

Dhanteras 2024: History, traditions, and what to buy for good fortune

Dhanteras is traditionally seen as highly auspicious for purchasing gold, silver, and valuables to welcome wealth and fortune into homes

BigBasket, Blinkit, Swiggy deliver gold, silver in 10 min this Dhanteras

Dhanteras 2024: Quick commerce platforms are offering 10-min delivery of gold from major jewellers including Tanishq and Malabar amid the festive rush

Dhanteras gems and jewellery sales may cross Rs 30K cr amid rising prices

Dhanteras and Diwali demand for gems and jewellery this year is anticipated to remain strong despite rising prices, with Diwali sales potentially crossing Rs 30,000 crore in the domestic market, according to industry experts. Price hikes in precious metals are prompting consumers to view gold as a reliable asset, while silver is gaining popularity among people due to its relatively lower price and high industrial demand. Some experts estimate sales growth in value terms of 10-15 per cent year-on-year this Diwali across the country, though there may be a dent in volume. Silver has emerged as the top performer with returns exceeding 40 per cent, followed by gold at 23 per cent, significantly surpassing stock market benchmark returns. Eastern Regional Chairman of the Gems & Jewellery Export Promotion Council (GJEPC) said, Gold continues to shine due to global uncertainties and geopolitical conditions, while silver is drawing substantial interest as an affordable option. The Council .

Dhanteras shopping list now includes lab-grown diamonds, digital gold

Lab-grown diamonds have become more popular in this year's festive season as prices plunged to less than half year-on-year

Dhanteras 2023: Appetite for gold products adds glitter this season

Overall sales have seen an increase over last year, but that was in value terms and not in quantity, because of prices being 20 per cent higher than last Diwali

Up to 30% off on gold, diamonds: Dhanteras offers by leading jewellers

From offering up to 30 per cent discounts to exciting cashback offers, top jewellery brands have opened their doors to a plethora of enticing deals and promotions this 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

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: 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

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

Titan, TBZ: Trading strategies for jewellery-related stocks on Dhanteras

Titan Company is hovering around the resistance of Rs 1,300 levels.

Dhanteras sale on Amazon, Flipkart, Snapdeal, Paytm: Know what is on offer

Dhanteras marks the beginning of Diwali festival and considered to be an auspicious occasion to buy precious metal in India

Time to buy gold this Dhanteras? Analysts see price hitting Rs 67,000/10gm

With accommodative global central bank policies and stimulus, analysts expect gold prices to do well going ahead

Jewellers bet on 'Dhanteras'; expect to clock 70% of last year's business

Jewellers are betting on recovery and are optimistic that a rebound in the economy and pent up demand will help boost sales during 'Dhanteras' and industry is likely to do 70% of last year's business