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Dhanteras: Gold Sales Fall 5% In Volume, Rise 20% In Value
The Morning Standard
|October 30, 2024
Dhanteras, which marks the beginning of the festival season, saw a significant gold sales boom, as it garnered sales of about 20-22 tonnes of gold, which is worth nearly ₹16,000 crore.
All India Gem and Jewellery Domestic Council (GJ C) chairman Saiyam Mehra said though compared to last year, this year witnessed 5% fall in volume, it saw 15-20 % increase in value. "While there were gold sales of about ₹16,000 crore, the full jewellery sector saw ₹18,000-₹20,000 crore sales," he said.
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