Dhanteras expected to generate over Rs 1 lakh crore in business across India: CAIT

The Economic Times · ET Online · 2026-11-06 05:51 UTC

Dhanteras is expected to generate over ₹1 lakh crore in business across India, with gold and silver sales estimated to exceed ₹60,000 crore, according to the Confederation of All India Traders (CAIT).

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The trade body noted that festive buying enthusiasm remains strong, with consumers continuing to purchase jewellery, silver coins and traditional gifts during the festival.

According to the All India Jewellers and Goldsmith Federation (AIJGF), demand for lightweight jewellery, silver coins and traditional gift items has increased in the market, indicating that high prices have not dampened consumer interest in festive purchases.

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