Dhanteras sees strong demand for gold, silver ornaments

NEW DELHI: The sale of gold and silver on the occasion of Dhanteras kickstarted on a positive note as the softening of precious metal’s prices drew a good crowd to stores across the national capital.

Recent falls in gold prices has given a confidence to the traders of surpassing the last year’s sales figures.

The gold prices have recently fallen by Rs 800-1,500 per 10 gram (24 carat) from the peak of Rs 63,000 on October 28.

Minal Srivatsava, 48, who had come to buy a gold chain for her husband on the occasion of Dhanteras at a Lajpat Nagar-based jewellery store, said: “We wait for the Dhanteras to buy jewellery.”

“The store is a bit crowded today as people are here to buy the jewellery or coins but I will buy a gold chain for my husband,” she added.

Most of the jewellery stores in the national capital witnessed significant footfall on the day.

Eshwar Surana, Managing Director, Raj Diamonds said: “We saw robust demand during this Dhanteras and have already been witnessing strong footfall across our showrooms... Overall we witnessed surge of around 20 per cent in demand this time compared to last year.” (IANS)

Also Read: PM Narendra Modi greets nation on Dhanteras

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