Indians love gold. So why is there a rush to sell it?
Gold still occupies a special place in Indian households, but rising prices and changing investor behaviour are transforming it from a family heirloom into a modern financial asset.
Dhanteras, also known as Dhanatrayodashi, marks the beginning of the five-day Diwali festival and holds great significance in Hindu tradition. Celebrated on the thirteenth day of the caliginous fortnight of Kartik month, it ordinarily falls in October or November. The word “Dhanteras” combines dhan (wealth) and teras (thirteenth day). On this day, devotees worship Lord Dhanvantari, the god of Ayurveda and health, and Goddess Lakshmi, the goddess of prosperity.
According to mythology, during the Samudra Manthan, or churning of the large ocean, Lord Dhanvantari emerged carrying the pot of nectar on this day, symbolising health and well-being. A key custom associated with Dhanteras is buying artful metals such as gold and silver, or at least utensils made of brass, steel, or copper. It is believed that such purchases bring prosperity and eleemosynary fortune to households. numerous likewise consider it gracious to invest in property or hot ventures on this day.
Homes and workplaces are cleaned and decorated with lamps, rangoli, and flowers to welcome Goddess Lakshmi. In the evening, devotees light diyas at doorsteps and perform Lakshmi Puja, seeking blessings for wealth and happiness. Dhanteras is not entirely about material prosperity but likewise carries the deeper message of nurturing health and harmony. By honouring both wealth and well-being, the festival reminds people that true prosperity comes from a balance of physical health, spiritual peace, and financial stability.
Gold still occupies a special place in Indian households, but rising prices and changing investor behaviour are transforming it from a family heirloom into a modern financial asset.
Not just households and investors, but central banks around the globe are buying gold like it’s Dhanteras every day. So why are the world’s biggest buyers going for bullion? Read on to find out.
Silver has surged nearly 98% in a year, breaching Rs 2 lakh/kg in parts of India before a post-Diwali dip. But is investing in the precious metal still a good bet? With industrial demand booming and supply tightening, reports suggest silver's shine might just be getting started.
The Kapoor family marked Dhanteras with a festive gathering, including Kareena Kapoor, Alia Bhatt, and Karisma Kapoor. Alia Bhatt and Ibrahim Ali Khan shared glimpses of the celebrations on social media, showing the family's close bonds.
Stand-up comedian Samay Raina celebrated Diwali by buying a luxurious Toyota Vellfire. His purchase signals a strong career comeback after recent public controversies.
Carmakers are celebrating record Dhanteras sales this year, as festive cheer, extended mahurats, and the GST 2.0 reforms drive unprecedented demand and strong retail momentum across segments.
Delhi-NCR faced massive traffic jams on Dhanteras as shoppers thronged markets ahead of Diwali. New Delhi Railway Station saw record crowds, with authorities managing roads and passenger movement efficiently.
Maruti Suzuki India is set to achieve record Dhanteras sales, expecting over 50,000 vehicle deliveries over the two-day festive period, nearly 10,000 more than last year. The surge is driven by strong festive demand, GST 2.0-led price reductions, and robust bookings, with around 14,000 daily on average.
Gold prices retreated by Rs 2,400 to Rs 1,32,400 per 10 grams on Dhanteras, after hitting record highs the previous day, while silver fell by Rs 7,000 to Rs 1,70,000 per kilogram.
Gold prices have been on a relentless rally, hitting new record highs almost every day. But does this glittering streak make it the right fit for your investment portfolio this Dhanteras?
With Diwali around the corner, banks across India will observe holiday closures on specific festival days. Here’s a complete guide for 2025 so you can plan your banking in advance.
Celebrate the festival of prosperity and light by sharing heartfelt Dhanteras wishes with your loved ones. Here are over 50 beautiful quotes, messages, and greetings to make your Diwali celebrations even more special.
Traders said gold buying activity picked up sharply as stockists built fresh positions on expectations of higher sales during the festive season.
The festive shopping rush ahead of Dhanteras caused long delays, prompting traffic police to advise commuters to use public transport and plan routes carefully.
With the price of silver at a record high, silverware might be a potential tax-saving alternative to bars and coins. Personal-use silver utensils are exempt from capital gains tax when sold. Here's what chartered accountants have to say about silver utensils helping investors save on taxes.
Dhanteras, also known as Dhantrayodashi, marks the beginning of the five-day-long festivities. This day is considered highly auspicious for purchasing items that invite prosperity and positive energy. Here's a list of things to get on Dhanteras.
Homes across India are lighting up for Diwali 2025. From Dhanteras to Bhai Dooj, here’s your guide to the festival’s dates, rituals, and auspicious muhurat timings.
With gold prices at record levels this Diwali, many people are rethinking whether to buy jewellery or look at smarter investment routes. From gold ETFs to SGBs, there are safer and more practical ways to invest without worrying about storage or high-making charges.
Dhanteras is a day when many Indian families choose to bring home gold or silver, believing it invites prosperity and good fortune. From jewellery and coins to small utensils, shoppers often plan their purchases in advance. But with prices running high this season, checking the latest rates in your city has become more important than ever.
From coins to jewellery, gold remains a favourite Diwali buy. However, not everyone realises that certain tax rules apply when you purchase or gift gold. Knowing these in advance can help you avoid unexpected trouble later.
This special report covers the vibrant Dhanteras celebrations across India, from bustling markets in Jaipur and Madurai to a grand government-hosted Diwali event at Delhi's Kartavya Path attended by Chief Minister Rekha Gupta. The report finds that despite rising costs, 'shoppers are keen to invest in precious ornaments, keeping the festive spirit alive'. While jewellers saw a festive rush, shoppers in Bhopal flocked to buy electronics, taking advantage of recent GST cuts on certain items. The celebration in Delhi, where CM Gupta and her cabinet lit diyas with the public, highlighted a message of unity and light, capping off a nationwide festive fervor.
In a historic development, Vrindavan’s Banke Bihari temple treasury was unsealed after 54 years on Dhanteras 2025. The reopening took place under a Supreme Court directive, overseen by a High Court-appointed committee. Mathura CO Sandeep Singh confirmed the entire process was videographed, with strict security in place. Entry was restricted to authorised officials, including judicial and administrative officers, along with four nominated Goswamis.
The silver rally has been fuelled by global trade tensions, rate cut expectations, and fears over the US economy, leading investors to flock to safe-haven assets.
The Centre has blamed the Tamil Nadu government for cough syrup deaths. Sources have said that the Centre has blamed the Tamil Nadu FDA.
What began as a celebration of a new Innova on Dhanteras turned into a horrific accident in Dehradun’s ONGC Chowk. A high-speed race with a BMW ended in disaster, claiming the lives of six friends in their 20s.
BJP's IT cell head Amit Malviya accused Telangana Police of anti-Hindu bias following restrictions on gatherings during Dhanteras.
Prime Minister Narendra Modi wished the people of the nation on the occasion of Dhanteras.
Massive traffic was witnessed on the Delhi-Gurugram Expressway on Friday as the city received intermittent rain showers and people thronged the markets on Dhanteras.
It's been a record festive season for mobile manufacturers. First week sales beat all records while analysts expect it to be even higher with discounts and offers ahead of Dhanteras and Diwali.
Rozgar Mela is our endeavour to empower youth and make them the catalyst in national development, said Prime Minister Narendra Modi on Tuesday as he distributed 71,000 appointment letters to new recruits via video conferencing. Addressing the new recruits, PM Modi said, "Today, more than 71,000 youths are being given appointment letters in 45 cities. This will bring happiness to the homes of thousands of people. Last month, on the occasion of Dhanteras, 75,000 youths were given appointment letters."