From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Dhanteras–Diwali auto boom turns K-shaped; only 1 in 2 dealers expects growth
What's behind this
Jewellery shops saw strong footfall on Dhanteras, especially in Punjagutta, Somajiguda and Abids, as buyers mixed tradition with investment. One report links the surge to a decline in gold prices, while another notes that a rise in gold prices dampened sales. The price of 22‑carat gold was quoted at ₹1,31,500 for 10 grams. According to industry players, the fall in prices is expected to drive a 15‑20 % increase in sales volume, reflecting encouraging consumer sentiment and improving demand.
AI-generated overview from 4 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 · 2 outlets
With gold prices correcting by around 13% over the past six months and 5% in the past month, gold sales this Dhanteras are expected to register a 15-20% growth in volume, according to industry players and jewellers. “We are witnessing encouraging consumer sentiment this year, with demand improving…
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right · 2 outlets
Dhanteras 2026 will be celebrated on November 6, marking the beginning of the five-day Diwali festivities. From gold and silver prices in Hyderabad to Lakshmi-Kubera Puja timings and buying tips, here is everything you need to know about the festival.
— Livemint
RSS excerpt
Carmakers expect festive demand to continue into November, but dealer sentiment remains cautious
