Jaipur's Dhanteras Gold Rush: Why Shoppers Flock Despite High Prices

Jaipur's markets are buzzing with activity as Dhanteras kicks off the Diwali festivities. Shoppers are flocking to buy gold and silver despite high prices, driven by traditional beliefs that these purchases bring prosperity. Traders report strong sales with expectations of a 30% increase compared to last year's festive season. The festive spirit has clearly overpowered any concerns about costs as people continue their auspicious shopping traditions.

Key Points: Jaipur Gold Silver Sales Surge as Dhanteras Kicks Off Diwali

  • Gold and silver sales expected to rise 30% compared to last Diwali season
  • Shoppers throng Jaipur's sarafa lanes and high-end jewellery showrooms
  • Traditional belief holds buying precious metals invites Goddess Lakshmi's blessings
  • Markets remain energetic with steady customer flow since morning hours
2 min read

Jaipur shoppers queue up for gold, silver as Dhanteras kicks off Diwali festivities

Jaipur markets buzz with Dhanteras shoppers buying gold and silver despite high prices. Traders report 30% sales surge as festive spirit overpowers cost concerns.

"It's Dhanteras today, and business is good. Since morning, customers have been coming in a steady flow. - Kailash Mittal, Jaipur Sarafa Traders Committee President"

Jaipur, October 18

As the five-day Diwali festivities began with Dhanteras, gold and silver shops in Jaipur saw heavy footfalls on Saturday. From traditional gold ornaments to silver coins and idols, shoppers thronged the city's famous sarafa lanes and high-end jewellery showrooms to make their auspicious purchases.

In Hindu tradition, buying gold or silver on Dhanteras is considered highly auspicious. It is believed that bringing these metals home invites Goddess Lakshmi's blessings and ensures wealth and stability. Gold, in particular, is seen as a symbol of purity and prosperity.

Even as gold prices remain high, traders say sales this year are expected to rise nearly 30 per cent compared to last Diwali season.

Kailash Mittal, President of the Jaipur Sarafa Traders Committee, while speaking to ANI, said that the markets are packed with energy and sales have been strong since the morning hours. Explaining the rush, he said the festive sentiment has overpowered any concerns about high prices.

"It's Dhanteras today, and business is good. Since morning, customers have been coming in a steady flow. The market is far from dull. People are buying everything, silver coins, utensils, pooja items, and gold coins. The response is really encouraging," Mittal told ANI.

Among the many shoppers seen at a popular showroom in Vaishali Nagar was Shruti Goyal, who said she never misses buying something in gold or silver on Dhanteras.

While speaking to ANI, Goyal said, "I bought a gold set for myself. Every year on Dhanteras, I always buy gold and silver because I feel it's auspicious to buy them on Dhanteras. Also, I am buying Ganesh Ji and Lakshmi Ji's silver idols today. My Dhanteras wouldn't feel complete otherwise."

With Diwali just around the corner, the city's markets are likely to stay busy over the weekend.

Dhanteras is dedicated to worshipping Siddhi Vinayak, another name for Lord Ganesha, the Goddess of wealth, Mahalakshmi, and Kuber, the God of wealth and prosperity.

It is considered an auspicious day to make new purchases. Dhanvantari, who is also worshipped on the occasion of Dhanteras, is considered the god of Ayurveda and is believed to have imparted lessons in medical practice to rid mankind of ailments.

- ANI

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Reader Comments

R
Rohit P
Gold prices are really high this year, but tradition is tradition. Bought a small gold coin for my daughter's future. Wishing everyone a prosperous Diwali! 🪔
A
Arjun K
While I respect the tradition, I wish people would also consider investing in mutual funds or stocks. Gold gives emotional satisfaction but not always the best returns financially.
S
Shreya B
My family has been buying silver utensils on Dhanteras for generations. It's not just about investment, it's about continuing our cultural heritage. Feeling blessed! 🙏
V
Vikram M
The Jaipur sarafa market is absolutely buzzing today! Got my silver Ganesha idol and some gold jewellery for the wife. The festive spirit is infectious!
M
Michael C
Visiting from the US and witnessing Dhanteras celebrations for the first time. The devotion and enthusiasm in Jaipur is incredible! Bought a small silver coin as souvenir.

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