News for 'IIM Ahemadabad's India Gold Policy Centre'

Dhanteras sales kick off on muted note

Dhanteras sales kick off on muted note

Rediff.com12 Nov 2020

Pre-Diwali Dhanteras sales of gold and silver witnessed a tepid response from consumers on Thursday on account of high prices of the precious metals and sluggish demand due to COVID-19 induced economic hardship, according to jewellers and industry experts. However, jewellers are expecting maximum footfalls on Friday as Dhanteras -- considered the most auspicious day in Hindu calendar for buying items, ranging from precious metals like gold and silver to utensils -- is being celebrated for two days this year.