Sell of gold on Dhanteras? – REPORT

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Dhanteras also known as Dhanvantari Trayodashi or Dhanatrayodashi, is the first day that starts the festival of Diwali in India.

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Dhanteras is celebrated two days before Diwali. Dhanteras is of great importance in Diwali festival. On this day there is a tradition of buying new things of gold, silver, utensils or something like this.

Also Read – Gold Price on Dhanteras since last 10 years

Shopping in the morning time was slow, but later buyers raised gold buying and the markets shine because of Dhanteras. According to market experts, The demand for gold coins was much better than gold jewellery on this precious occasion gold and jewellery sales improved by about 15 per cent.

Many Indians consider Dhanteras as an auspicious event to buy gold and many jewellers launched exciting offers to attract customer, that festival brings a boost in the jewellery market and known as a golden time for jewellers. every Indian purchase something new on this festival it may gold jewellery, silver coin, utensils or clothes its all depends on the budget of an individual.

On Monday Gold amounts were higher at 32,690 rupees per 10 grams in the Dehli, which is more than the Rs. 30,710 per 10 grams of the time on the Dhanteras of 2017. according to the experts, this Dhanteras was much better than the Dhanteras of 2017 this year sale of gold is about 10-15 per cent more in compared than the year 2017.

In the overall view, the sale of gold and the gold jewellery was better than the last year and the market conditions seem improving in comparison of last year, this Dhanteras was better in the view of gold buyers and sellers both.

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