Silver, the poor man’s gold, beats precious metal to set a record in festive season – ET Retail

For the first time in the history of the Indian jewellery market, silver sales surpassed gold during this Dhanteras season. High gold prices have dampened consumer demand, leading shoppers to turn to silver instead. “Silver sales have shot up 30-35% this year despite prices being 40% higher than last Dhanteras,” Surendra Mehta, national secretary at…

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Silver outshines gold for first time in festive season | India News – Times of India

HYDERABAD/MUMBAI: For the first time in the history of the Indian jewellery market, silver glittered more than gold this Dhanteras. As gold prices continued their record-breaking run, it dampened consumer demand. Shoppers instead rushed to buy silver.“Silver sales have shot up 30-35% this year despite prices being 40% higher than last Dhanteras,” Surendra Mehta, national…

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