Dhanteras Shines Bright: Gold Sales Sparkle Despite High Prices!
Dhanteras shopping: High price tags didn’t dim gold’s shine – Here’s what drew in consumers. High gold and had little effect on this Dhanteras, with sales matching last year’s volumes and rising by more than 25% in value.
Despite record-high gold and silver prices, Dhanteras sales volumes almost matched last year’s levels, while value rose over 25% thanks to price increases.
Consumers primarily bought coins and lightweight jewellery, viewing the rally as a chance to invest rather than waiting for a correction .
Key Highlights:
Sales Volume: Almost matched last year’s levels
Value Growth: Rose over 25% due to price increases
Consumer Preference: Coins and lightweight jewellery in high demand
Market Sentiment: Strong festive sentiment, with demand outstripping supply in many places
Market Trends:
Gold Prices: Record-high prices didn’t deter buyers
Silver Sales: Increased by 30-35% compared to last year
Diamond Market: Thriving, with 30-35% growth driven by price dip
The festival’s success indicates a strong appetite for precious metals, driven by investment potential and festive sentiment.
Sudheendra Kumar ( Mobile /WhatsApp: 91-9820088394)
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