Dhanteras business across India is expected to exceed Rs 1 lakh crore, with gold and silver sales alone estimated at over Rs 60,000 crore, according to the Confederation of All India Traders. Traders report strong festive demand despite gold prices up about 20% year-on-year, with buyers shifting to lightweight 14- and 18-carat jewellery, silver coins and traditional gifts.
Dhanteras sales expected to top Rs 1 lakh crore, CAIT says
Source: Moneycontrol