It is going to be a glittering Dhanteras with the gold rush continuing at retail stores despite the yellow metal prices hitting another new high.

Gold prices were up ₹2,113 per 10 grams or two per cent at ₹129,584 per 10 gram on Friday against ₹127,471 crore logged on Thursday. It opened strong at ₹130,874 per 10 gram but dipped marginally due to rupee depreciation against the dollar.

In the last one month, gold prices have jumped by ₹20,073 per 10 gram or 18 per cent, triggering a strong ‘fear of missing out’ (fomo) syndrome among buyers with Dhanteras and Diwali around the corner.

The All India Gem and Jewellery Domestic Council (GJC) expects gold jewellery sales to increase 12-15 per cent this Dhanteras season with a clear focus on lightweight designs, investment-grade pieces, hallma

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