National News
Dussehra gold sales volume dip by 25%, sales value increase by 30–35%
Key Highlights
- Gold sales volume dropped 25%, falling to 18 tonnes compared to 24 tonnes last year.
- Sales value increased by 30–35%, largely driven by price hikes.
- Retail gold prices surged to Rs 1.16 lakh per 10 grams, up 48% from Rs 78,000 a year ago.
- Old gold exchanges grew sharply, accounting for 50–60% of sales at several jewellery stores.
The steep rise in prices has discouraged many fresh purchases, with consumers increasingly relying on old gold exchanges. This trend indicates that high prices are reshaping buying habits, with more customers recycling existing assets instead of purchasing new jewellery outright.
Despite lower jewellery volumes, investment demand remained strong. Sales of 5-gram gold coins and 20-gram silver coins saw healthy growth, underlining the continued preference for precious metals as a safe-haven investment.
Future Outlook:Consumers are placing advance orders for the upcoming Dhanteras and Diwali seasons.Many buyers are opting for gold bars now, with plans to convert them into jewellery later, helping them secure current prices while postponing making charges.
Market Implications
The data reflects a mixed outlook. While sales volumes have fallen, the sharp rise in value highlights gold’s enduring importance in India. The growing reliance on old gold exchanges and strategic pre-bookings suggests that consumers are adapting quickly to elevated prices.
With the festive and wedding season approaching, the market will be closely watched to see if these consumer strategies persist and how they will shape India’s broader precious metals industry
National News
Bhima Gold Unveils Ashtalakshmi Coin Collection for Akshaya Tritiya, Blending Devotion with Exquisite Design
A culturally rooted, insight-led launch that reimagines festive gold buying through storytelling, symbolism, and spiritual relevance.
In a move that blends cultural storytelling with product innovation, Bhima Gold has unveiled its Ashtalakshmi Coin Collection for Akshaya Tritiya – positioning gold not just as a purchase, but as a deeply symbolic expression of prosperity, faith, and intent.
Timed with one of India’s most significant gold-buying occasions, Akshaya Tritiya, the launch reflects a deeper cultural shift in consumer behaviour. While the festival continues to drive strong purchase intent, there is a growing preference for meaningful, purpose-led buying experiences over purely transactional consumption.
Aligned with this evolving mindset, the Ashtalakshmi coin collection has been thoughtfully conceptualised to blend tradition with deeper symbolism. Inspired by the eight sacred forms of Goddess Lakshmi, each coin represents a distinct dimension of prosperity—from wealth and nourishment to courage, knowledge, and continuity.

By bringing together Adi Lakshmi, Dhana Lakshmi, Dhanya Lakshmi, Gaja Lakshmi, Santana Lakshmi, Veera Lakshmi, Vijaya Lakshmi and Vidya Lakshmi, the collection reframes gold coins from being a generic festive purchase to a story-driven, culturally immersive product experience – one that resonates across generations and belief systems.
This launch also aligns with Bhima Gold’s larger centenary narrative of “Together Purever,” which focuses on legacy, shared traditions, and evolving consumer meaning. The collection becomes an extension of that philosophy – reinforcing how heritage brands are reinterpreting tradition for a more aware and emotionally driven consumer.
Customers can pre-book their favourite jewellery by paying just 10% in advance & get their jewellery on Akshaya Tritiya at the lowest rate, which gives customers more flexibility and helps them plan their purchases with greater confidence, especially at a time when gold prices are high.
Akshaya Tritiya has traditionally been associated with intention, belief, and the aspiration for prosperity, extending beyond a purely transactional act of buying gold. The Ashtalakshmi Coin Collection has been conceptualised to reflect this deeper cultural and spiritual significance, with each coin designed to carry a distinct meaning and sense of purpose. The initiative also aligns with evolving consumer preferences, where there is a noticeable shift towards jewellery that offers emotional, cultural, and spiritual resonance in addition to intrinsic value.
With gold prices near record highs and consumer sentiment becoming more considered, Bhima’s Ashtalakshmi Coin Collection signals a broader shift in the category — from price-led promotions to meaning-led engagement, where design, storytelling, and cultural relevance drive both differentiation and demand.
As legacy brands navigate a new era of conscious consumption, Bhima Gold’s latest offering highlights how tradition can be reimagined as experience, making gold buying not just an act of investment, but an expression of identity and belief.
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