Raipur (New World Representative). Gold and silver prices fell on the first day of the week due to the impact of the international market. This also affected the Raipur bullion market. Gold fell by Rs 350 to Rs 62,750 per ten gram (standard) and silver fell by Rs 1,700 to Rs 74,000 per kg.
Bullion experts say that this trend will continue in both the precious metals in the coming days as well. Now the wedding season is about to start, so the demand in bullion institutions has started to increase. Traditional jewelery is also available along with a new range of jewelery at Sarafa Institutes. Consumers are liking it a lot. A new range of lightweight jewelery is also available. Bullion traders say that considering the huge business during the festive season this year, it is expected that there will be a huge business during the wedding season as well.
140 crore turnover was done on Diwali
On the occasion of Diwali, people in the region went shopping for gold and silver. About 140 crores was traded in the region. At the same time, in the capital Raipur, it was a gold-silver sale worth 75 crores. During the festive season, mangalsutras, chains, necklaces, bracelets, taps and other ornaments are more in demand than gold coins in bullion institutions. Consumers in institutions were offered discounts on manufacturing. At the same time, the wedding season is about to start, so the bullion dealers from Raipur are expecting a tremendous business.
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Posted By Pramod Sahu