|Buy Gold on Dhanteras|
In India people are queuing up to buy gold on Dhanteras in
jewelery shops all over the country.
On the festival of Dhanteras it is considered auspicious to
buy gold and silver and many jewelery shops and dealers are offering big discounts
to attract customers. It is indeed a
The manager of Tanishq, Juti Kalita, said, "For the
first time in years, gold prices has shot through the roof on Dhanteras. But
surprisingly, this has not affected sales. Many customers are also making
advance bookings. Gold bangles, rings, earrings, sets are flying off the racks.
There is a great demand for gold and silver coins."
And Preeti Agarwal, the manager of Manik Chand and Sons
stated, "We are providing up to 30% discount on the making charge and for
every purchase of 1 lakh, one gets a gold coin for free. We are also offering
discounts of up to 10% on diamond jewellery."
The gold price is the highest in five years and this seems
to spur Buyers on who are willing to splurge in this festive season and buy
gold on Dhanteras.
According to Rajiv Nath, manager of MP Jewellers,
"Apart from gold and silver coins, buyers are increasingly going for
lightweight jewellery. This year's sales have surpassed the sales of last
Taru Deka, a resident of Silpukhuri was seen browsing
through the shelves of a jewellery shop to make a pick. She said,
"Although the prices are sky-high, I have come to buy some bangles because
it considered auspicious." And Rani
Dutta of Beltola echoed similar sentiments. "I bought some gold coins
because investing in gold is a good thing, especially for the future," she
"Dhanteras also known as Dhantrayodashi is celebrated
on the 13th day of Krishna paksa in the month of Ashwin. On this day, people
should buy gold coins to usher in prosperity and wealth. The gold coins should
be kept on the right hand side of Kuber in a pot. Kuber is placed on the left
side of Laxmi." Said Astrologer Pannalal explaining the importance of
Of course, to buy gold on Dhanteras is not the only time to
accumulate gold. With the gold price still low anytime is the time to buy gold.