Gold Prices Soar: Rs 91,000 per 10 grams Ahead of Wedding Season
Nashik, Maharashtra – The price of gold has reached a historic high of Rs 91,000 per 10 grams, just in time for the bustling wedding season. Traders in Nashik and Jalgaon are bracing for further price increases, driven by both local demand and international market trends.
Jalgaon’s Gold Market: A Hub for Purity and Craftsmanship
Jalgaon, known for its high-quality gold and exquisite craftsmanship, is attracting buyers not only from Maharashtra but also from neighboring states like Gujarat and Madhya Pradesh. This trend underscores the region’s reputation for delivering exceptional products at competitive prices.
Market Insights from Local Jewellers
Sushil Bafana, a prominent jeweller based in Jalgaon, reported that the market rate for gold on Saturday stood at Rs 91,052 per 10 grams, including tax. Just the day before, the price was Rs 91,600. He attributes the fluctuating prices to international developments and the U.S. government’s trade policies. “Even today, many people consider gold the best investment option,” he stated.
Consumer Sentiment: Buying Despite Rising Prices
Rajesh Bendale, who was purchasing jewellery for his daughter’s wedding, noted that the increasing prices have minimal impact on purchasing decisions. “People understand that the value of gold is only going to rise further,” he shared, highlighting a common sentiment among consumers.
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As the wedding season approaches, it’s essential to stay informed about market trends and prices. Whether you’re buying gold for personal use or as an investment, understanding the dynamics can lead to better purchasing decisions.
