Nashik: Yellow metal has a glittering run on the jewelry market on the occasion of Dhanteras on Tuesday, because customers grow showrooms to buy gold and silver ornaments.
The jewelry market in the city of Nashik registered the RS 75 Crore business, which was two and a half times more than last year in Dhanteras, which was around Rs 30 Crore.
On a favorable day Dhanteras some bought silver idols from Laxmi – Dewi wealth.
Chetan Rajapurkar, a senior member of the Nashik Jewelry Association, “Our business has been affected for the past half a year because of a pandemic.
But after improvement in Covid scenarios, market sentiment also increased.
In Dhanteras last year, there were covid limits and low customer legs.” Rajapurkar , which is also the Director of Maharashtra Association of the Indian Bullion and Jewelers (IBJA), said there was a large fierce customer throughout the day to buy gold.
“Gold coins, bars, and ornaments are very in demand.
Some customers also buy silver laxmi idols,” said Rajapurkar.
The price of gold has decreased by around Rs 3,500 per 10 GM in the past year.