From The Times of India
Center Owned by Bennett, Coleman & Co.Gold buying on Dhanteras: What's the outlook for Samvat 2083?
What's behind this
Livemint highlights ten Indian cities where gold buying is a cultural hallmark this Dhanteras, naming Chennai’s T. Nagar, Mumbai’s Zaveri Bazaar and Jaipur’s Johari Bazaar among the jewellery hubs. The festival falls on November 6, 2026, according to a related Livemint guide. Meanwhile, NDTV reports spot gold slipped 0.6% to $4,063.47 an ounce in New York as of 4:17 p.m., reflecting broader market moves. The Pioneer notes that the Dhanteras shopping rush caused widespread traffic gridlock in Delhi, with arterial roads coming to a standstill.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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center · 1 outlet
Gold price prediction today: Gold is witnessing profit booking after its recent rally. Sustaining above Rs 1,41,300 could help stabilise prices, while a break below this level may extend the correction towards Rs 1,40,337 and Rs 1,39,378. On the upside, Rs 1,42,425 remains the immediate hurdle…
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right · 2 outlets
For Indian households, buying gold or silver around Diwali and Dhanteras is often more than a financial decision. It is a tradition passed down through generations, a way to mark an auspicious occasion, and, for many families, a means of preserving wealth. But this year, the ritual comes with a…
— ABP Live
RSS excerpt
Buying gold on Dhanteras is considered auspicious in many traditions. But the festive season comes at a time when gold prices have seen sharp corrections in recent months. Does that mean that gold has lost its glitter as an investment bet? Or are the current dips the right entry point?
