Dhanteras 2025 Gold Rush: Record Prices Can’t Stop ₹1 Lakh Crore Shopping Spree – Will the Rally Continue?
Record Festive Spending Despite Sky-High Gold Prices Dhanteras 2025 – the traditional gold-buying festival – has shattered spending records in India. Consumers spent an estimated ₹1 trillion (₹1 lakh crore) over the Dhanteras period, driven largely by precious metals demand indiatoday.in. According to the Confederation of All India Traders (CAIT), gold and silver purchases alone accounted for about ₹60,000 crore, marking a 25% jump in value from last year’s festival indiatoday.in. This is remarkable given how much gold prices have climbed: gold was around ₹1,30,000–₹1,34,000 per 10 grams in the run-up to Dhanteras – roughly 60–63% higher than last Dhanteras