In the ongoing festive season, India is witnessing record-breaking sales — be it automobiles, gold or electronics and home appliances — driven by robust consumer demand and GST 2.0 reforms.

While gold and silver sales on Dhanteras was more than 25 per cent higher in value, as consumers anticipate further rally, the auto industry saw surge in sale volumes.

According to analysts, the festive season shows renewed enthusiasm for gold purchases.

On Dhanteras, the All India Gem and Jewellery Domestic Council (GJC) reported a surge in gold and silver purchases following a sharp price correction. “We expect festive sales to cross Rs 50,000 crore. Despite high gold and silver prices, consumer sentiment is strong, driven by strategic buying and early wedding purchases," according to Rajesh Rokde,

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