24.10.2016 - I buy gold on Dhanteras day
R Srinivasan, MD, Priyanka Bullion, in Madurai, has been in the bullion dealing business for a long time. The North Indian tradition of buying gold during Dhanteras, as part of Diwali, leads to good business during the festival season. Wanting to buy gold on Dhanteras has increased in recent years, says Srinivasan. This year, too, bookings from his customers have already started. “The influence of North India has increased and people down South, too, think that buying gold on Dhanteras is auspicious. More than jewellery, women now want to buy it as bars of 20/30 gram…” His customers aside, Srinivasan himself too buys gold from the market during Diwali. “I buy for my children, the investment made that day brings luck…”.......................................Full Article: Source
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