As Dhanteras, the auspicious occasion to invest in precious metals, approaches, online shopping platforms like Blinkit offer a range of gold and silver coins from well-known jewelers. With prices varying across cities, here's a quick look at the latest rates and some popular Dhanteras shopping tips for items such as silverware and utensils that symbolize prosperity and abundance.
Silver Coins: A Symbol of Prosperity and Abundance
The festival of Dhanteras, celebrated in India, marks the auspicious occasion to invest in precious metals. Among the most popular choices is silver, which symbolizes prosperity and abundance. Online shopping platforms like Blinkit offer a range of silver coins from renowned jewelers, making it convenient to make your purchases.
Background:
Silver has been prized for its beauty, malleability, and durability for centuries. In ancient India, silver coins were widely used as currency and held religious significance. The belief that silver brings good luck and prosperity has been passed down through generations, making it a popular choice for Dhanteras investments.
Current Market Trends:
According to Google Trends, the search term "silver coin" has seen a steady increase in popularity in recent months. This indicates a growing interest in silver coins as both a form of investment and a traditional Dhanteras symbol.
Dhanteras Shopping Tips:
Top 5 FAQs:
1. What is the significance of silver in Dhanteras? Silver is believed to bring good luck, prosperity, and abundance. It is also associated with the goddess Lakshmi, who is worshipped on Dhanteras.
2. What is the best way to invest in silver coins? Investing in silver coins is a relatively low-risk option. Consider purchasing coins with a purity of 99.9% or higher and diversifying your portfolio by buying coins in different weights and sizes.
3. What is the current market price of silver coins? The price of silver coins varies depending on the weight, purity, and market conditions. Check with reputable jewelers or online shopping platforms for the latest rates.
4. How can I protect my silver coins from damage? Store silver coins in a cool, dry place away from direct sunlight and moisture. Use protective cases or coin holders to prevent scratches or tarnishing.
5. What are the historical trends of silver coin prices? Silver coin prices have fluctuated over time, but they have generally maintained their value. In recent years, silver coin prices have shown a gradual increase.
The Dhanteras festival proved to be a boon for Indian traders as consumers defied surging gold prices and spent an estimated Rs 1 lakh crore on the auspicious day. The Confederation of All India Traders (CAIT) reported a 25% increase in gold and silver sales, making up a significant portion of the total expenditure. Despite the economic slowdown, the tradition of purchasing gold and other items symbolising prosperity on Dhanteras remains strong, highlighting the cultural significance of the festival.
Union Railway Minister Ashwini Vaishnav, at the International Railway Equipment Exhibition (IREE), highlighted India's remarkable progress in railway modernisation, stating that under the leadership of Prime Minister Narendra Modi, the country has witnessed the construction of 35,000 kilometres of new railway tracks and electrification of 46,000 kilometres of tracks in the past 11 years. He praised the Confederation of Indian Industry (CII) for organising the IREE and urged them to think bigger and envision a global-scale railway exhibition that surpasses Germany's InnoTrans, showcasing India's growing capabilities in railway infrastructure and technology.
On Friday, the IRCTC website and mobile app faced technical issues, causing an outage and inconvenience to over 5,800 users trying to book tickets. Social media platforms were flooded with complaints as the server crashed during peak booking hours, with some suggesting the need for better technology to handle festive rush. Officials have assured that efforts are being made to restore normal operations.
In a boost for the festive season, Indian Railways has launched two special Vande Bharat trains between Delhi and Patna. These trains will run till November 17 and offer a luxurious and secure travel experience for passengers during Diwali and Chhath Puja. With stops at six important stations, these trains will cover a distance of 1,000 km in under 14 hours.
As India prepares for Dhanteras 2025, gold has already become the star of the show, with prices surging more than 50% this year and showing no signs of slowing. The combination of global and domestic factors, including safe-haven demand, central bank buying, and economic uncertainty, has pushed gold to an all-time high of over Rs 1,30,000 per 10 grams. As investors flock to add the precious metal to their portfolio, experts predict a continued upward trend, driven by lower interest rates, de-dollarisation, and geopolitical tensions.
India’s economy and markets are seeing a resurgence, with PE and VC investments soaring to a three-year high of $26 billion in 2025. The country’s growing affluence and digital transformation have spurred a luxury market boom, with high-end brands rushing in to meet the demand. The trend is supported by a shift towards larger, more strategic investments in sectors such as IT and consumer staples.
MCX December gold futures on the Multi Commodity Exchange (MCX) skyrocketed by 1.4%, reaching an all-time high of ₹1,32,770 per 10 grams. Meanwhile, silver prices dropped slightly on the MCX to ₹1,85,000 per kilogram. The surge in gold prices can be attributed to a weaker US dollar, strong spot demand, and positive global cues, making gold an attractive investment option. However, the rising prices may have an impact on shoppers this Diwali, as the cost for 10 grams of 24-carat gold has surpassed ₹1.3 lakh. Despite this, jewellers remain optimistic, as increased household liquidity and positive economic indicators continue to encourage discretionary spending.
The well-known fitness club chain, Planet Fitness, has recently opened a new location in Monument, Colorado. Located at 16096 Jackson Creek Parkway, the club will hold its official grand opening on Saturday with a celebratory event at 10 a.m. This new location promises to offer residents of Monument a state-of-the-art fitness facility and a wide range of amenities.
The CEO of Virgo Specialities Pvt Ltd, Ketan Kadam, has been denied bail for the second time for his alleged involvement in the Mithi river desilting scam. The sessions court noted that Kadam has "direct involvement" in the crime, having "managed money received from contractors in his shell companies." According to the Economic Offences Wing (EOW), Kadam and others conspired to defraud the Brihanmumbai Municipal Corporation (BMC) through irregularities in the tendering process. Kadam is accused of manipulating the terms and conditions of the tenders to benefit his company and causing losses to the BMC.
As India's luxury market continues to see a rise in demand, M3M India, one of the biggest real estate developers in Delhi-NCR, has announced the launch of Jacob & Co. Residences in Noida. This will be the first residential development in India under the iconic Jacob & Co. brand, and is expected to generate a topline of ₹3500 crore. The project will feature ultra-luxury serviced residences and limited-edition Jacob & Co. timepieces, elevating the ownership experience to a whole new level. With this venture, M3M aims to bring a truly global lifestyle to homebuyers in Noida and contribute to the nation building vision of Prime Minister Narendra Modi.