Dhanteras proves not so lucky for Delhi jewellers
Tuesday, November 6, 2018, 6:56 AM
The much awaited Diwali is here and the first day of the festivities is Dhanteras where buying gold and other precious metals is considered very auspicious. However, market sales seem to have dipped this year post the fall in the value of rupee. The currency is weak and most people seem to have 'no money' to spend on ornaments and luxuries. Ahead of Dhanteras, gold prices in India reached near a 6-year high on October 31 to touch Rs 32,620 per 10 grams. It was at Rs 31,622 on November 2.
Dhanteras: BSE, NSE to extend trade in gold ETFs, sovereign bonds
Wednesday, October 24, 2018, 8:04 PM
Top stock exchanges NSE and BSE have decided to extend the trading session for gold exchange traded funds (ETFs) and sovereign gold bonds (SGB) on November 5, till 7 pm on the occasion of Dhanteras, a festival celebrated two days before Diwali. Gold ETFs track the metals prices and each unit of these securities is generally equivalent to one gram of gold.