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    Vikshita Vitthal Gujaran in News

    21-Oct-2022 07:54 PM


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    Festive shopping sees an upswing after two years this Diwali

    Mumbai After the pandemic-induced lull of the past two years, this festive season has seen an increase in sales from gold to dry fruit and even homes, industry bodies said.

    Dhanteras, considered by many Hindus to be an auspicious time to buy new items, has helped markets see an upswing in footfall and sales.

    Gold sales are especially high this year, said Kumar Jain, the spokesperson for India Bullion and Jewellers Association, adding that sales may double the usual numbers and reach up to ₹500 to 550 crore on October 22, which is the first day of the two-day Dhanteras festival this year. “Besides Diwali, there is an increase in shopping for gold jewellery for the upcoming wedding season,” he said.
    Source - Hindustan Times