This Dhanteras, gold jewellery loses gleam, silver shines in Ludhiana
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Ludhiana,, Nov. 13 -- Even as residents turned up in large numbers to purchase gold and silver jewellery, considered auspicious on the occasion of Dhanteras, jewellers said the response was limited to around 60% as compared to previous years.
This, they attributed to the economic crisis due to the ongoing Covid-19 pandemic and the high rates of the precious metals. But, what further dented the sales was confusion among residents about the date of Dhanteras, with some believing it's on Friday and not Thursday.
The fact that the rate of gold (22 carat) dropped by over Rs 2,000 over the last two days to settle at Rs 48,900 for 10 grams didn't reflect in the sales, which were dominated by silver, available for Rs 64,700/kg.
"The footfall i...
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