Dhanteras 2017 News
The company claimed it is the first entity to have achieved such a sales milestone globally.
In the national capital, gold of 99.9 and 99.5 percent purity surged by Rs 290 each to Rs 31,000 and Rs 30,850 per 10 grams respectively, a level last seen on September 27.
In Delhi, the price of 22-carat gold was Rs 29,700 and that of 24-carat gold was Rs 32,400 per 10 gram.
Trading in gold ETF segment has been tepid during the last four financial years.
Options are derivatives which give a buyer the right but not the obligation to buy or sell an underlying asset or instrument at a specific price on or before a certain date.
Gold prices in India traded at a premium this week for the first time in more than three months after a spurt in purchases.
Options are akin to a form of price insurance and, therefore are best suited for hedgers.
Modelled on the lines of AIIMS, the institute offers MD/MS in Ayurveda and PhD courses
Dhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in North and West India.
This will be the first Diwali after the November 8, 2016 note-ban announcement.
Dhanteras literally means dhan+ teras (wealth and 13th day). This is because the day falls on the thirteenth Krishna Paksha day in the Hindu month of Kartik.
Dhanteras 2017 is celebrated a day before Diwali
Gold of 99.9 percent and 99.5 percent purity ruled flat at Rs 30,850 and Rs 30,700 per 10 gram, respectively.
The footfalls will increase at stores during the festivals next week, he said, but the sale ticket size will be lower.
Jewellers felt the PMLA required them to keep records of customers' personal identification number or tax code for transactions above Rs 50,000 (USD 771), limiting gold sales by buyers hesitant to give the information.
The company is witnessing nearly 2 million monthly transactions for Paytm Gold. It is offering 3 per cent extra gold -- up to Rs 4,444 -- on a minimum purchase of Rs 10,000.
This October has a festive fragrance to it with Diwali and Dhanteras lighting our homes. The festival of lights is preceded with Dhanteras when people throng markets to buy gold items and utensils for daily utility. But have you ever wondered why?
It is that time of the year when you can feel the festive spirit in the atmosphere around. With Diwali on October 19, the much-awaited festival of Dhanteras this year happens to be on the 17th of this month.
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