Dhanteras

2022 - 10 - 22

Post cover — Image courtesy of "Hindustan Times"

Dhanteras 2022: Copper, brass and bronze craze takes over Delhiites (Hindustan Times)

This Dhanteras, there's a rush of Delhiites demanding utensils in metals such as copper, brass, and cast-iron, and not steel. The increased awareness about ...

She has a collection of copper pots already, “But on this Dhanteras, I’m thinking of adding copper kadhai to my collection because a friend of mine told me how cooking in it helps increase metabolic rate. It’s considered auspicious to buy metals on Dhanteras, and we are all set to open the shop early on Saturday morning and will stay open till late evening since customer keep coming til midnight. This Dhanteras, there’s a rush of Delhiites demanding utensils in metals such as copper, brass, and cast-iron, and not steel. Be it kadhai, fry pan or dosa tawa, everything in cast-iron utensils is seeing a good number of orders at many shops across the city. Even in Ayurveda, it’s recommended to drink water in copper utensils and cook in brass and eat in bronze, for healthy living,” says Kirti Goel, owner of a Greater Kailash-based store that sells utensils. Honestly, we made this shift in preference of metals after the pandemic hit, but before that we would generally go to the market and buy a silver coin or any steel utensil every year on Dhanteras,” elaborates Batra, adding, “My wife researched how copper reduces stomach issues, and hence we decided to shift our focus to healthier options.”

Dhanteras kickstarts on positive note, jewellers eye up to 20 ... (Business Today)

On Saturday, gold prices were ruling at Rs 50139 per 10 grams, excluding taxes, in the national capital, much higher than Rs 47644 per 10 grams on Dhanteras ...

Footfalls are steady since morning and are mostly for the pre-booked orders," he noted. Senco Gold and Diamonds Managing Director and CEO Suvankar Sen said that there has been a lot of positivity since Friday. ....The offline sales saw a 20 per cent increase while the online sales grew 15 per cent as compared to last year." Delhi-based Khanna Gems Chairman Pankaj Khanna said, "We are seeing higher sales in both the offline and online markets. In Maharashtra, PNG Jewellers Chairman and Managing Director Saurabh Gadgil said the footfalls have been quite good since morning as people are coming in to either pick up their pre-booked jewellery or to buy gold and silver coins. The footfalls at four of our showrooms are very good so far and people are buying gold and silver coins when compared to jewellery. The Shubh Muhurat begins this evening and we are gearing up for longer business hours, in lieu of that, he added. Among Jewellers, Kalyan Jewellers Executive Director Ramesh Kalyanaraman said: "On the back of strong pre-booking numbers, we are expecting good customer footfall across our showrooms, especially in the non-South markets." Asked about expected growth, Pethe said: "In terms of value it is expected to be 5-10 per cent more than last year as the gold prices are 5 per cent more than 2021 Dhanteras. World Gold Council Regional CEO, India, Somasundaram PR said the rural demand will hold the key to whether the sales beat last year's Dhanteras and wedding season figures. Two-day pre-Diwali Dhanteras buying of gold and silver began on a positive note on Saturday with some big jewellers and an industry body anticipating a further pickup in demand by Sunday and up to 20 per cent higher sales than the last year. On Saturday, gold prices were ruling at Rs 50,139 per 10 grams, excluding taxes, in the national capital, much higher than Rs 47,644 per 10 grams on Dhanteras day in 2021.

No better time than Dhanteras to buy Gold (Economic Times)

Gold has provided unmatched returns than other asset classes like equities, real estate, mutual funds, fixed deposits, recurring deposits, and NPS.

This Diwali has given the best opportunity for long-term investors to buy gold on this auspicious day and take benefit of lower prices. The best time to buy gold, however, is during Makar Sankranti, Akshaya Tritiya, [Dussehra](/topic/dussehra), [Dhanteras](/topic/dhanteras), and [Diwali](/topic/diwali). (Disclaimer: The opinions expressed in this column are that of the writer. It is the most preferred way of investment for Indians. If you are buying physical gold in the form of jewellery, coin or bar, you can feel its allure and tangibility. In India, most rituals and traditions entail the gifting of gold. As a security or asset, gold is extremely liquid and portable. It is seen as a wealth safe haven and a hedge against inflation and currency depreciation. According to Hindu mythology, on Dhanteras, Goddess Lakshmi emerged from the ocean with a pot of gold in her hands during the churning of the sea, also known as Samudra Manthan. During Dhanteras, jewellers provide several festive offers and discounts on making charges, so it is the best time to buy gold jewellery. Most people are unable to resist the appeal of gold. Every year on this auspicious day, Goddess Lakshmi is said to visit worshipers' homes and bestow money, prosperity, and good health.

On Dhanteras, gold rush (The Indian Express)

A staff member of PC Jewellers, Sector 22, said, “Many people have already made advance bookings for the jewellery keeping in mind the Dhanteras rush.

Today, the time between 2 pm and 7.30 pm was auspicious for the purchasing. There is heavy rush in the markets for the last couple of days. There is a waiting period of three months for certain models”. A salesperson with Navkkar Jewelers in Sector 34 said, “We are completely occupied with customers throughout the day. A staff member of PC Jewellers, Sector 22, said, “Many people have already made advance bookings for the jewellery keeping in mind the Dhanteras rush. Dhanteras will continue Sunday as well, according to the Hindu calendar, and the time between 9 am and 2.30 pm has been set auspicious for purchasing things on Sunday.

About ₹40000 cr. of business expected during Dhanteras: CAIT (The Hindu)

Dhanteras, the first day of Diwali, is considered auspicious to buy new items, especially gold, silver jewellery, all kinds of utensils, kitchenware, vehicles, ...

“About ₹40,000 crores of business is expected on two days festival of Dhanteras,” CAIT national president B.C. About ₹40,000 crore of business is expected to be generated on this Dhanteras, which is spread over the weekend, on the back of positive consumer sentiment, the Confederation of All India Traders (CAIT) said on Saturday. This year Dhanteras is spread over the weekend, with the muhurat beginning from 2 pm on Saturday till 6 pm on Sunday.

Here's why we buy broom on Dhanteras (Economic Times)

To keep the house clean, brooms are regularly used in every family. Cleanliness is said to attract Goddess Lakshmi. This is why purchasing brooms on Dhanteras ...

This is why purchasing brooms on Dhanteras is considered auspicious. Bringing a broom home on Dhanteras is also said to assist one get rid of all debts and bring happiness and prosperity. This time, the auspicious occasion is observed for two days October 22 and October 23. The five-day Diwali festival officially starts on this day, also known as Dhanteras is derived from two words 'Dhan' and 'Teras'. [Dhantrayodashi](/topic/dhantrayodashi), marks the beginning of the festivities.