International Edition

Register
Sign in

International Edition

Podcasts Newsletters Follow us Alerts App Video

Arab Showcase Weekend

Road to Net Zero

Music & On-stage

Fashion & Beauty

Road to Net Zero

Music & On-stage

Fashion & Beauty

Outside Jhaveri Bazaar, the biggest gold retail market in Mumbai. Subhash Sharma for The National

Customers buy gold jewellery during Dhanteras, which marks the beginning of the five-day Hindu Diwali festival and is traditionally a popular day for Indians to buy gold. Subhash Sharma for The National

The current festival and wedding season, along with lower prices, have been tempting buyers back into the market following slow demand for the precious metal in earlier months this year. Subhash Sharma for The National

In May, the Indian government slightly eased restrictions on gold imports. Subhash Sharma for The National

The family of Raju Solanki, left, have been jewellers at Jhaveri Bazaar for five generations. Subhash Sharma for The National

Gold last week was at about 27,900 rupees per 10 grams in Mumbai, down about 10 per cent on prices last year. Subhash Sharma for The National

India last year was overtaken by China as the world’s largest consumer of gold, as the subcontinent’s measures had an impact on gold-buying trends. Subhash Sharma for The National

Poonam Soni, right, helps Bollywood actress Raveena Tandon pick jewellery during a private consultation at the jewellery designer’s flagship store at Santacruz in Mumbai. Subhash Sharma for The National

Customers buy gold jewellery during Dhanteras, which marks the beginning of the five-day Hindu Diwali festival and is traditionally a popular day for Indians to buy gold. Subhash Sharma for The National

India last year was overtaken by China as the world’s largest consumer of gold, as the subcontinent’s measures had an impact on gold-buying trends.

Dilip Tulsiani, the manager of Dwarkadas Chandumal Jewellers in Zaveri Bazaar, in red, says that sales are up about 50 per cent compared to two to three months ago, when business was slow. Subhash Sharma for The National

Gold last week was at about 27,900 rupees per 10 grams in Mumbai, down about 10 per cent on prices last year. Subhash Sharma for The National

Outside Jhaveri Bazaar, the biggest gold retail market in Mumbai. Subhash Sharma for The National

Customers buy gold jewellery during Dhanteras, which marks the beginning of the five-day Hindu Diwali festival and is traditionally a popular day for Indians to buy gold. Subhash Sharma for The National

The current festival and wedding season, along with lower prices, have been tempting buyers back into the market following slow demand for the precious metal in earlier months this year. Subhash Sharma for The National

In May, the Indian government slightly eased restrictions on gold imports. Subhash Sharma for The National

The family of Raju Solanki, left, have been jewellers at Jhaveri Bazaar for five generations. Subhash Sharma for The National

Gold last week was at about 27,900 rupees per 10 grams in Mumbai, down about 10 per cent on prices last year. Subhash Sharma for The National

India last year was overtaken by China as the world’s largest consumer of gold, as the subcontinent’s measures had an impact on gold-buying trends. Subhash Sharma for The National

Poonam Soni, right, helps Bollywood actress Raveena Tandon pick jewellery during a private consultation at the jewellery designer’s flagship store at Santacruz in Mumbai. Subhash Sharma for The National

Customers buy gold jewellery during Dhanteras, which marks the beginning of the five-day Hindu Diwali festival and is traditionally a popular day for Indians to buy gold. Subhash Sharma for The National

India last year was overtaken by China as the world’s largest consumer of gold, as the subcontinent’s measures had an impact on gold-buying trends.

Dilip Tulsiani, the manager of Dwarkadas Chandumal Jewellers in Zaveri Bazaar, in red, says that sales are up about 50 per cent compared to two to three months ago, when business was slow. Subhash Sharma for The National

Gold last week was at about 27,900 rupees per 10 grams in Mumbai, down about 10 per cent on prices last year. Subhash Sharma for The National

Outside Jhaveri Bazaar, the biggest gold retail market in Mumbai. Subhash Sharma for The National

Low prices add lustre to gold-buying season in India — in pictures

Liz Claus

October 25, 2014

English
Arabic

Copy link
Share on X
Share on Facebook
Share on LinkedIn
Share on WhatsApp
Share on Email
Print
Other

Dhanteras marks the beginning of the five-day Hindu Diwali festival and is traditionally a popular day for Indians to buy gold.

search by queryly Advanced Search close