Diwali , the festival of lights is just around the corner and the air seems to vibrate with a palpable celebratory energy. Families all over India are making checklists and preparing to shop for the upcoming revelries. While new outfits, puja essentials, groceries and new appliances are a priority, purchasing gold at this time is just as important to Indians. Every year Indians purchase massive amounts of gold, dwarfing the country’s official reserves. According to a Business Today report, India’s private gold stash is estimated to be a whopping 25,000 tonnes. Indians definitely take the gold-buying business seriously.
Gold is especially bought on Dhanteras , which occurs a few days before Diwali. This year, Diwali is going to take place on Monday, Oct 20 while Dhanteras will take pla