Gold Prices, Oct. 17 -- Dhanteras - one of the most auspicious days for gold purchases in India - arrives this year amid a powerful rally in bullion prices. For Indian households, gold has long been more than just a festive buy; it's a trusted store of long-term value - a strategy that has consistently delivered. This is reflected in Indian households' status as the world's largest holder of private gold reserves, valued at over $3 trillion.

Even just since Dhanteras, gold has delivered a remarkable return of nearly 60%, significantly outperforming the Nifty 50, which has remained flat. Strong central bank buying, rising geopolitical tensions, and economic uncertainty have been the key drivers of the gold price rally. Moreover, rate cut ...