Gold and silver purchases cross ₹60,000 crore
The Confederation of All India Traders (CAIT) estimated that overall Dhanteras spending crossed ₹1 lakh crore, with gold and silver alone accounting for nearly ₹60,000 crore — a 25% increase over last year.Delhi alone saw purchases exceeding ₹10,000 crore, industry officials said.
Preference shifts toward coins, lightweight jewellery
High prices prompted many buyers to opt for smaller denominations, particularly coins and bars, over heavy jewellery.
Demand for silver coins in particular jumped by an estimated 35-40% from last year, according to data cited by PTI.Colin Shah, Managing Director at Kama Jewelry, said that while investment-driven purchases remained strong, consumer behaviour was notably bifurcated.
“Irrespective of the sky-high price of gold, favourable economic conditions and GST reforms enabled a tremendous response. A significant demand was seen for light-weight jewellery among younger buyers, while bullion witnessed major traction due to soaring gold prices,” he said.
Wedding-season buyers were also reportedly looking to lock in current prices before further increases.
Silver outpaces gold in volume terms
With silver prices climbing sharply — touching roughly ₹1.8 lakh per kg compared to ₹98,000 last year — retailers reported that the white metal outpaced gold in terms of transaction volumes.
Jewellers’ associations noted that heightened gold rates made silver a more accessible investment avenue, driving bulk purchases of coins and artefacts.
–With agencies inputs
First Published: Oct 20, 2025 10:50 AM IS
