Jewellers upbeat on hopes Dhanteras gold sales will cross last year

Fall in the price of gold the past one week and from the August's peak has sparked expectations of a better show

Topics
Jewellers | Dhanteras

Rajesh Bhayani  |  Mumbai 

Jewellers have been upbeat about the improvement in sales this Dhanteras, the biggest gold buying occasion in India after Akshaya Tritiya. Most jewellers expect to end the day with sharply higher sales than last year’s Dhanteras day demand. There are reasons to support these expectations.

The fall in the price of gold the past one week and from the August’s peak price has been a major factor. The earlier marriage season and Akshay Tritiya demand (April-May) was also lost due to lockdown. With prices now down, the festive season demand is setting in. Industry experts expect ...

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First Published: Fri, November 13 2020. 19:30 IST
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