Gold Sale in Dhanteras: This year Gold Sell will break the record in Dhanteras. According to the Indian Bullion Jewelers Association, the record of the last 20 years has been broken in Dussehra, similarly the record of 40 years can be broken in Dhanteras this year.Â
This sale of gold will be done from small shops in villages to big showrooms of cities. Wedding season is also one of the reasons for higher sales. People will also buy gold on Dhanteras for weddings. Considering the possibility of bumper sale of gold, jewelers have also completed preparations.
New Delhi. This year, gold can break the record of sales of last 40 years in Dhanteras. Jewelers across the country have completed preparations for this. There has been a lot of sale of gold in Dussehra and Navratri too. According to the Indian Bullion Jewelers Association-IBJA, the record of gold sales in Dussehra has been broken for the last 20 years. In view of this, IBJA has the possibility that this time the record of 40 years may be broken. This sale will be everywhere from cities to rural areas.
After the last about 18 months, with the effect of Corona decreasing, the market has started returning to its glory. As soon as the festive season begins, the markets are crowded. There has been a huge jump in the sale of gold including clothing, electric items. Jewelers across the country are very excited about Dhanteras. They have a possibility that this time gold will break the record of many years.
Indian Bullion Jewelers Association Mumbai President Kumar Jain says that this time gold can break the record of sales of 40 years. There is a possibility of a rise in the price of gold. Kumar Jain says that for the last 18 months people have been living in their homes, they have not gone anywhere in the country or abroad. Apart from this, people have also stayed away from events during this time. Going to restaurants and outings remained closed.
Due to this a lot of money has been saved. Since the effect of corona is likely to be less during Dhanteras this time, people will go out to shop and buy gold without spending the remaining money here and there. Apart from this, the season of weddings is going on at present. The houses where the marriage is taking place even after the next one or two months, they will also buy gold on Dhanteras. In this way the sale of gold can break the record.
Jaikishan Chandi Wale of Delhi Bullion Association says that jewelers have made preparations for Dharteras. With the season of dharnaras and weddings coming together, there is bound to be a jump in the sale of gold. At the same time, Mohit Soni of Sant Jewelers in Ghaziabad says that many people have made advance booking for Dhanteras. Many such customers are coming to see the jewellery, who talk about shopping on Dhanteras. There is a possibility that there will be a lot of sale of gold in Dhanteras.
Last year 40 tonnes of gold was sold
According to the data of India Bullion and Jewelers Association, 40 tonnes of gold was sold on the occasion of Dhanteras last year, which was about 30 percent more than the year 2019. The price of 40 tonnes of gold was close to Rs 20,000 crore. Whereas the price of gold sold in 2019 was 12,000. This year there is a possibility of many times more sales than this.
