18
Oct
New Delhi, October 18, 2025: Indian consumers spent an estimated ₹1 lakh crore during this year’s Dhanteras festival, marking one of the highest festive spending sprees in recent years. According to the Confederation of All India Traders (CAIT), the surge was driven largely by strong demand for gold and silver, even as prices hit historic highs.CAIT reported that bullion sales alone contributed ₹60,000 crore to the total, showing a 25% increase compared to last year. Gold prices soared nearly 60% year-on-year to cross ₹1,30,000 per 10 grams, yet jewellery markets across India witnessed an unprecedented rush.“The past two days have…