Mumbai: Augur signs are good for Tuesday’s Dhanteras festival, which is the main expenditure of Mahurat from Diwali.
Jewelry accepts strong questions and reservations, and many of them plan to keep the shop open until 10pm, expect footsteps to take for the late night mahurat.
The wedding season was also taken.
All the ceremonies that were postponed were previously underway now, so apart from gold, even fabric markets in the omelet and sundry business such as Jewelery fashion in Bhuleshwar do good business.
The purchasing power has declined, no doubt, but the traders are happy that the footsteps have continued and “everyone buys something a little”.
The price of 22-carat gold reached Rs 45,000 per 10 GM on Monday, while 24 carat gold was registered at Rs 49,400.
Kumar Jain from the Shree Mumbai Jewelry Association said, “The customer is waiting to give up their spending potential, which has been shackled since the lock In two days in a group of villages.
“Goldsmith Kanaya Kakad from Zaveri Bazar said traders expect a good business because the stock market leaded to a positive direction.
Deepak Devrukhkar from Mangal Murti Jewelers opposite the Cinema Plaza, Dadar, said, “We hope that Dhanteras brings a good recovery because Dussehra’s sales also exceeded expectations.
I expect light jewelry and 5-10gm gold coins to do well.” Devrukhkar, who too Treasurer of Maharashtra Navnirman Vyapari Sena, said, “Even the fabric market is very well.
The shops on the omelette are open until 10pm.” However, the old practice of the purchase equipment in Dhanteras has diminished this year.
Biren Kenia from Sagun Steel, Bhuleshwar, said, “The level of steel, copper and Kuningan has dropped 30-40% in the past three or four months.
So the purchase is festive and gifting a gloomy company.
But we accept parallel segments of wedding buyers.”