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Mumbai: Jewellers thrilled as citizens rush to buy gold

Industry players say business started slowly during Navratri but raced on the last day, estimate sales of Rs 200 crore

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A woman tries gold ornaments at Pednekar Jewellers, Dadar, on Dussehra. Pic/Suresh Karkera

A woman tries gold ornaments at Pednekar Jewellers, Dadar, on Dussehra. Pic/Suresh Karkera

Gold glittered in the truest sense for the industry on Friday, with jewellers estimating a sale of Rs 200 crore. Considering the improvement in the Covid situation, they have high hopes during the festive season.

Ashok Minawala, the owner of Danabhai Jewellers and former chairman of All India Gem & Jewellery Domestic Council, said, “We saw lots of customers buying gold products on the occasion of Dussehra. 

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