ALLAHABAD: The auspicious occasion of Dhanteras registered brisk sales in bullion and automobile sectors, with 1,675 automobiles, including 650 four-wheelers, on a single day. In the bullion sector, people’s enthusiasm was up due to low gold prices and lucrative offers. The showrooms lined up vehicles from an entrance to a footpath, akin to that of utensils as the shops opened on Saturday. We had no option as customers had booked their two-wheelers to pick it up on Dhanteras. All our godowns were full, so the vehicles had to be parked on the roads, claimed the showroom manager.
He said that 45 motorcycles and 40 scooters were sold until late in the evening. Data collected from various showrooms shows that 1,675 vehicles will be on the roads from Sunday. Silver coins and idols were purchased most in the bullion market, followed by golden and diamond jewelry. Precious stone-studded jewelry was also in demand.
The silver bullion market is expected to register a sale between Rs 30 crore and Rs 40 crores until late at night, which is below expectations,” Prayag Sarafa Mandal president Kuldeep Soni said. He said people purchased silver Laxmi-Ganesh coins or silver products as token purchases for Dhanteras. Gold was also sold in good quantity, but silver was the common man’s first choice. “People also purchased certified jewelry from showrooms. Traditional jewelers have to sustain the loss this Diwali,” Soni added.
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