It is still the auspicious time of Dhanteras, business can be more than Rs 50 thousand crores – The Daily Connection

On the occasion of Dhanteras, there was great excitement in the markets across the country. There was a huge crowd in gold and silver shops, utensils and clothes shops. Seeing the auspicious day of Dhanteras, people went to the market and made purchases according to their capacity. The condition of Chandni Chowk, Sadar Bazaar of Delhi was such that there was no space even to step into the market and people had to pass through long queues. At the same time, according to Traders Federation CAIT, more than Rs 50,000 crore business was done across the country on Dhanteras. In which people have purchased gold or jewelery worth Rs 27,000 crore.

However, the auspicious time of Dhanteras is not over yet and people can do Dhanteras shopping till today afternoon, so the business is expected to increase further.

Read this also: Despite becoming expensive, gold was sold in abundance, so many record breaking sales took place

Despite the rain there was a crowd

There is a wholesale market of Deputy Ganj utensils in Sadar Bazaar. Here shopkeepers also decorated their retail counters on the occasion of Dhanteras. Despite the rain on Friday, there was a huge crowd in the market. This time people should like the beautification utensils very much. There was a lot of demand for copper, gold and rainbow sets. The utensils market has been quite good this year. Compared to last year, the prices of utensils have increased by 10 to 15 percent. People should like brass and copper utensils as puja plates.

Gold and silver worth Rs 30,000 crore sold

National President of All India Jewelers and Goldsmiths Federation, Pankaj Arora said that on Dhanteras, there was a business of about Rs 30,000 crore of gold, silver and other precious items. The sales figure of gold and gold jewelery was Rs 27,000 crore. Silver or its articles worth around Rs 3,000 crore have been sold. Last year in 2022, there was a Dhanteras gold and silver business worth Rs 25,000 crore.

In 2022, the price of gold was Rs 52000 per 10 grams, whereas this time it is available at Rs 62000 per 10 grams. According to an estimate, about 41 tonnes of gold and about 400 tonnes of silver jewelery and coins were sold in the country on Dhanteras.

According to traders, this much business happened

Business worth Rs 50,000 crore across the country

According to an estimate by the Traders Federation Confederation of All India Traders (CAIT), on the occasion of Dhanteras, there has been a trade of more than Rs 50 thousand crore across the country, while in the capital Delhi alone, there has been a trade of more than Rs 5,000 crore.

Business can increase even today

This year the time to celebrate Dhanteras started on 10th November at 12:35 PM. It will end on November 11 at 01:57 PM. People can buy gold during this period also. Due to the Muharra of Dhanteras till noon today, people can do Dhanteras shopping even today. ,

There is excitement in these markets

Praveen Khandelwal told that in Delhi, while big traders are expected in the wholesale markets Chandni Chowk, Dariba Kalan, Maliwada, Sadar Bazaar, Naya Bazaar, the retail markets are Kamla Nagar, Ashok Vihar, Model Town, Shalimar Bagh, Pitampura, Rohini, Rajouri Garden. , Dwarka, Janakpuri, South Extension, Khan Market, Malviya Nagar, Sarojini Nagar, Greater Kailash, Green Park, Yusuf Sarai, Vasant Kunj, Munirka, Lajpat Nagar, Kalkaji, Preet Vihar, Laxmi Nagar, Jagatpuri, Shahdara and Laxmi Nagar. Goods were sold exclusively in retail markets.