18/10/2025
: and silver buying on the auspicious occasion of off on Saturday with jewellers expecting higher , though record high prices of the could dampen demand by 15 per cent in volume terms compared with a year earlier.
Dhanteras, the most day in the calendar for buying items ranging from precious metals to utensils, is being over two days until 1.45 pm on Sunday, with expecting more footfalls in both online and offline stores.
Gold prices have surged 65 per cent to Rs 1,34,800 per 10 grams of 24 karat, inclusive of all taxes, in the national capital, compared with Rs 81,400 on Dhanteras last year, which was celebrated on October 29, 2024.
“The festive season is expected to see a significant surge in demand for jewellery in the 9 to 18 carat segment. … we foresee a festive surge of 18-20 per cent in overall sales,” Shah said.
India is the world’s second-largest gold consumer and one of the largest importers globally, after China.
