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Diwali 2024: Will inflation affect gold buying during Dhanteras in Mumbai?

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Updated on: 26 October,2024 11:48 AM IST  |  Mumbai
Ronak Mastakar | ronak.mastakar@mid-day.com

This auspicious occasion, falling on November 1, 2024, traditionally sees families flocking to jewellery stores to invest in gold, silver, and other precious metals; However, with inflationary pressures still lingering in the Indian economy, many are left wondering: Will inflation affect gold buying during Dhantrayodashi in Mumbai?

Diwali 2024: Will inflation affect gold buying during Dhanteras in Mumbai?

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Key Highlights

  1. The most anticipated days for gold or sliver purchases is Dhanteras
  2. This auspicious occasion traditionally sees families flocking to jewellery stores
  3. With Dhanteras fast approaching, gold and silver prices have soared to new highs

The most anticipated days for gold or sliver purchases during Diwali 2024 are the Dhanteras, also known as Dhantrayodashi. This auspicious occasion, falling on November 1, 2024, traditionally sees families flocking to jewellery stores to invest in gold, silver, and other precious metals. However, with inflationary pressures still lingering in the Indian economy, many are left wondering: Will inflation affect gold buying during Dhantrayodashi in Mumbai?

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