Gold sparkles less this Dhanteras, silver shines; digital buying picks up

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Other shops in the area echoed similar views.“Comparatively reasonable items such as silver coins gained traction,” said the owner of Shree Adinath Jewellery, another shop in Delhi’s Chandni Chowk.

Gold sales, according to Mehta, were expected to reach 35 tonnes this Dhanteras, lower than last year’s 42 tonnes.

Digi Gold, a platform for selling digital gold and silver, allowing customers to even do SIPs (systematic investment plans) also witnessed strong interest.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Indian Bullion and Jewellers Association Jewellers Gold prices Dhanteras Diwali festival sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 23:31:51 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 940 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23330078

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