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With rising inflation, global tensions, and a skyrocketing gold value, RBI&rsquo;s strategy reveals a major shift toward strengthening India&rsquo;s financial resilience

RBI’s Big Move This Dhanteras: 102 Tonnes of Gold Relocated to India!

With rising inflation, global tensions, and a skyrocketing gold value, RBI&rsquo;s strategy reveals a major shift toward strengthening India&rsquo;s financial resilience

Did you know? This Dhanteras, RBI made a sparkling move! The Reserve Bank of India has brought home a treasure&mdash;A massive 102 tonnes of gold, previously kept in the Bank of England&rsquo;s vaults, has now been relocated to India. But what&rsquo;s fueling this strategy? Rising inflation, climbing gold prices, and global tensions have propelled the RBI into a gold-buying spree, adding 32.63 tonnes just in the first half of FY25! With the value of gold holdings soaring from 52.67 billion dollars in March to an impressive 65.74 billion dollars, it&rsquo;s clear RBI sees gold as a rock-solid hedge against uncertain times. What do you do to hedge your investments? Tell us in comments. And subscribe to our channel for more such updates.

Customer vowed never to order expensive items from Blinkit again and brought this to Zomato CEO Deepinder Goyal's attention

 Dhanteras Gold Order Gone Wrong: Blinkit Customer's Shocking Discovery

Customer vowed never to order expensive items from Blinkit again and brought this to Zomato CEO Deepinder Goyal's attention

Imagine ordering a Gold coin for Dhanteras, only to discover it weighs just half of what you paid for. The worst part? When trying to report the issue, the seller's complaint window had already closed. Frustrating, isn't it? This actually happened to Blinkit customer Mohit Jain, who was left shocked by the incident. With no other option left, Mohit turned to social media to share his experience. He vowed never to order expensive items from Blinkit again and brought this to Zomato CEO Deepinder Goyal's attention.
But here's the twist - Blinkit finally responded and resolved his concerns, making it a happy Dhanteras after all. Would you trust quick commerce platforms with valuable purchases? Share your thoughts below and follow for more consumer stories.

The average price of 1 gram of 22K Gold stood at ₹5,600 while the cost for 24K gold prices stood at ₹6,109 and 1 kg silver stood at ₹74,000

Dhanteras 2023: Gold, Silver Rates today November 10, 2023: Check Prices in Mumbai, Delhi, Chennai

<h2>The average price of 1 gram of 22K Gold stood at ₹5,600 while the cost for 24K gold prices stood at ₹6,109 and 1 kg silver stood at ₹74,000</h2>

Gold Silver Price Today 10 November 2023: Gold and Silver prices both fluctuated on the Multi Commodity Index today on Dhanteras. The average price of 1 gram of 22K Gold stood at ₹5,600 while the 24K gold prices stood at ₹6,109.&nbsp;
The rate of 10 grams of 24K gold in Chennai stood at ₹61,580, which was followed by Delhi and Jaipur where the gold costs ₹61,240.&nbsp;
The average price of 10gm of Silver was at ₹732 and 1 kg of silver stood at ₹74,000.
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹77,000 followed by Delhi and Mumbai where the metal was sold at ₹74,000
24 Carat Gold Rate per 10gm Today November 10 - Indian Top Cities
Delhi - ₹61,910 Chennai - ₹61,580 Mumbai - ₹61,090 Kolkata - ₹61,090 Bengaluru - ₹61,090
1 KG Silver Rate Today November 10 - Indian Top Cities
Delhi - ₹74,000 Chennai - ₹77,000 Mumbai - ₹74,000 Kolkata - ₹74,000 Bengaluru - ₹74,000

The price of Gold last year was Rs 52,000 per 10 gm whereas on November 10 it was Rs 62,000 per 10 gm and yet gold and silver transaction on Dhanteras touched Rs 30,000 crore 

Dhanteras 2023: Gold, Silver transaction touched Rs 30,000 crore on Day 1

The price of Gold last year was Rs 52,000 per 10 gm whereas on November 10 it was Rs 62,000 per 10 gm and yet gold and silver transaction on Dhanteras touched Rs 30,000 crore&nbsp;

Dhanteras 2023:&nbsp;In a dazzling start to the five day Diwali celebration, the Gold and Silver transaction on Dhanteras reached Rs 30,000 crore. Sale of automobile, utensils, kitchen equipment, electronics and brooms also ignited.
<h3>Dhanteras Purchase&nbsp; &nbsp;</h3>
As per Confederation of All India Traders (CAIT), trade across India on Dhanteras day surpassed Rs 50,000 crore with Delhi alone contributing Rs 5,000 crore. Along with gold and Silver, other items like idols of deities Shri Ganesh, Shri Lakshmi and Shri Kuber; vehicles, gold and silver ornaments, as well as items like utensils, kitchen appliances, and electronics, and brooms - which are considered auspicious to buy also saw a spike in sales.
Moneycontrol quoted the National President of All India Jewelers and Goldsmiths Federation Pankaj Arora and said the turnover from the sales of gold, silver and other items was Rs 30,000&nbsp; crore from across the country.
The gold goods trade was approximately Rs 27,000 crore and silver transactions of Rs 3,000 crore. Last year on Dhanteras, an estimated business of Rs 25,000 crore was recorded.&nbsp;
The price of Gold last year was Rs 52,000 per 10 gm whereas on November 10 it was Rs 62,000 per 10 gm. On the other hand, silver was sold for Rs 58,000 per kg last Diwali and now it is priced at Rs 72,000 per kg.
&nbsp;

The auspicious time to buy gold on Dhanteras 2023 is from 12:35 p.m. on November 10 to 01:57 p.m. on November 11, 2023, according to the Drikpanchang website

Dhanteras 2023: The importance of acquiring gold on Dhanatrayodashi

<h2>The auspicious time to buy gold on Dhanteras 2023 is from 12:35 p.m. on November 10 to 01:57 p.m. on November 11, 2023, according to the Drikpanchang website</h2>

Dhanteras, also known as Dhanatrayodashi, is a significant Hindu festival observed on the thirteenth day of the Krishna Paksha (dark fortnight) in the month of Kartik, according to the Hindu calendar. This auspicious day, which falls on November 10 this year, holds immense cultural and financial importance as it is considered the perfect time to acquire gold and silver.
Gold has deep-rooted symbolism in Indian society, representing wealth, purity, and security. On Dhanteras, people buy gold jewelry or gold coins for various reasons, and here's why buying gold on this day holds such significance:
It's considered auspicious: Dhanteras is associated with the emergence of Goddess Lakshmi, the Goddess of Wealth, from the milky sea during its churning. Purchasing gold on this day is believed to invoke the blessings of Goddess Lakshmi, attracting prosperity and affluence into one's life. Wealth Accumulation: Gold is a trusted and stable investment. Over time, its value tends to appreciate, making it a wise financial choice. By buying gold on Dhanteras, individuals can make a shrewd investment that may lead to long-term financial gain. Cultural and Traditional Value: Dhanteras holds a deep cultural and traditional significance in Indian culture. Acquiring gold on this day is thought to bring good fortune and protect against negative energies. Many families consider it a customary practice to purchase gold on Dhanteras, preserving their heritage and adhering to age-old traditions. Adornment and Jewelry: Beyond being an investment, gold is cherished for its aesthetic appeal. Dhanteras offers an opportunity for people to purchase exquisitely crafted gold jewelry, allowing them to adorn themselves or their loved ones. Gold jewelry signifies status, style, and elegance, and acquiring it on Dhanteras is a celebration of beauty and fashion. Gift-Giving: Dhanteras is a time for celebration and unity. Acquiring gold on this auspicious day allows individuals to exchange meaningful gifts with their family and friends. Gold coins and jewelry make splendid and valuable presents that can be passed down through generations, symbolizing love and blessings. Emotional and Sentimental Value: Gold often carries emotional value, reminding individuals and families of cherished memories, weddings, or special occasions. Buying gold on Dhanteras not only enhances one's wealth but also holds emotional significance, making it a deeply meaningful purchase. For Dhanteras 2023, the auspicious timing to buy gold is from 12:35 p.m. on November 10 to 01:57 p.m. on November 11, 2023, as per the Drikpanchang website.&nbsp;

Diwali 2022: This year, the festival of lights, Diwali will be celebrated on October 24th, 2022. Know when is Dhanteras, Govardhan Puja and Bhai Dooj.  

Diwali 2022 Date: From Dhanteras Puja to Bhai Dooj dates know Everything you need to know

Diwali 2022: From Dhanteras to Bhai Dooj; know dates & more

Diwali 2022: This year, the festival of lights, Diwali will be celebrated on October 24th, 2022. Know when is Dhanteras, Govardhan Puja and Bhai Dooj. &nbsp;

Diwali 2022: Diwali also known as Deepawali, is celebrated across the country with a lot of fervour and enthusiasm. This year, the festival of lights will be observed on Monday, October 24th.
On this auspicious festival, devotees worship Goddess Lakshmi and Lord Ganesh and celebrate the victory of light over darkness. The festive period begins with Dhanteras and ends on Bhai Dooj. Scroll down for the detailed festival calendar.
<h3>When is Dhanteras 2022?</h3>
Diwali festivities begin with Dhanteras. This year, it will be celebrated on 22nd October. So, don't forget to invest in the gold accessories that you've been eyeing.
<h3>When is Chhoti Diwali 2022?</h3>
As per Drik Panchang, this year Chhoti Diwali and Badi Diwali will be celebrated on the same day which is 24th October.
<h3>Diwali Puja timing</h3>
According to Drik Panchang, Lakshmi Puja will begin at 06:53 pm and end at 08:16 pm. The total duration of Lakshmi Puja will be 1 hour and 23 minutes.
<h3>When is Govardhan Puja 2022?</h3>
Govardhan Puja is generally observed a day after Diwali but this year it is celebrated two days after <a href="https://www.editorji.com/lifestyle-news/diwali-2022-sustainable-and-creative-gift-ideas-for-this-festive-season-1665579885532">Diwali </a>i.e. on the 26th October 2022 due to the Solar eclipse.
<h3>When is Bhai Dooj 2022?</h3>
Bhai Dooj, a festival symbolising the brother-sister bond, will be celebrated on 26th of October, as per the Hindu calendar.
Also watch: <a href="https://www.editorji.com/lifestyle-news/diwali-2022-sustainable-and-creative-gift-ideas-for-this-festive-season-1665579885532">Diwali 2022: Sustainable and Creative gift ideas for this festive season</a>

 "Dhan" stands for wealth, while "Teras" signifies the thirteenth day

Dhanteras 2022: List of things should buy on this auspicious occasion

Here is a list of auspicious items you must buy this Dhanteras to attract lots of luck and fortune your way.

List of auspicious items you must buy this Dhanteras

&nbsp;"Dhan" stands for wealth, while "Teras" signifies the thirteenth day

Dhanteras, which marks the beginning of Diwali, will be observed on October 23, Sunday, this year. This day is regarded as one of the most fortunate and ideal ones to purchase pricey products. People buy brass, silver, and gold objects on this day because it is said that doing so will bring good fortune, success, and protection from the evil eye.
Here is a list of auspicious items you must buy this Dhanteras to attract lots of luck and fortune your way.
1. Utensils
It's a good idea to restock your utensil shelf on Dhanteras as they are viewed as a symbol of success. Get some brass, copper, silver, or even clay kitchen utensils and use them to make the Prasad first. According to Hindu tradition, it is forbidden to bring empty utensils on this day. Bring it inside and fill it with lentils, rice, or milk.
2. Electronic items
If you've been wishing to upgrade your phone, television, or other electrical devices, Dhanteras is the perfect time to do so. The early-morning to late-night opening hours of electronic showrooms are also bustling on Dhanteras. One perk of getting new electronics during Dhanteras is that you may take advantage of the Diwali sale and save a lot of money. So stop worrying about what to get for Dhanteras and just buy an electronic item instead.
3. Jewellery
Investing in jewellery is always a good idea Gold is a representation of wealth and success. It is a long-term asset that individuals can rely on when times are tough. In India, Dhanteras and Diwali are two of the most auspicious times to purchase gold.
4. Idols of gods and goddesses
Dhanteras is the perfect opportunity to add new god and goddess idols to your puja area. Buying figurines made of brass, silver, marble, or wood, performing aarti, and adding them to your puja room's collection are all options.
5. Broom
If a broom is mentioned on a lucky day, you could find it strange. But on the other hand, purchasing brooms on this day is considered lucky and auspicious. Purchasing a broom for the home represents removing the poverty from the home on a good day and implied that all of your family's financial concerns would be alleviated.

Traditionally known as Dhantrayodashi, Dhanteras is an auspicious festival celebrated two to three days before Diwali.

Dhanteras 2021: A day to celebrate the god of wealth and prosperity

Traditionally known as&nbsp;Dhantrayodashi, Dhanteras&nbsp;is an auspicious&nbsp;festival celebrated two to three days before Diwali.

Dhanteras&nbsp;2021:&nbsp;Traditionally known as&nbsp;Dhantrayodashi, Dhanteras&nbsp;is celebrated two to three days before Diwali.&nbsp;The word is derived from the two words, 'Dhan' which means wealth and 'Teras' which means thirteen.
Dhanteras&nbsp;falls on the thirteenth day of Krishna Paksha&nbsp;of Kartik&nbsp;month. This year it will be celebrated on 2nd November.
On this day people worship goddess Lakshmi&nbsp;along with Lord Dhanvantari and Dhan Kuber.&nbsp;&nbsp;It is believed that the day can help yield wealth and prosperity. People mark the celebrations by buying something&nbsp;new, mainly utensils or jewellery. People also light diyas at the entrance of their homes in an attempt to ward off any evil.&nbsp;
Also Watch:&nbsp;<a href="https://www.editorji.com/business-news/uk-royal-mint-s-first-goddess-lakshmi-gold-bar-goes-on-sale-for-diwali-1632907672480" target="_blank">UK Royal Mint&rsquo;s first Goddess Lakshmi gold bar goes on sale for Diwali</a>&nbsp;
&nbsp;

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