Dhanteras 2025: Gold, Silver, Vehicles Sales Surge as Indian Economy Thrives
Dhanteras 2025 witnessed a surge in gold and silver purchases, with the gold price at Rs 130,500 per 10 grams and the silver price at Rs 1,720 per kilogram. This festive season's high consumer spending indicates a robust Indian economy.
The middle class drove this trend, spending Rs 75,000 crores on gold and silver, and Rs 25,000 crores on vehicles. Surendra Mehta, Secretary General of the India Bullion and Jewellers Association, sees these purchases as a sign of economic vibrancy.
Scooter and bike shipments totaled 5 lakh units, while car deliveries reached 100,000 units, with Maruti Suzuki accounting for 51,000 units. Silver sales reached Rs 15,000 crores (~$1.8 billion USD) due to high investment demand. Overall, India consumed 46 tonnes of gold worth Rs 60,000 crores (~$7.15 billion USD) on Dhanteras.
Despite the strong consumer spending, crypto ETF inflows fell to 200 million in October 2025, compared to 300 million in September. Bitcoin was trading around $68,000 on October 19, 2025, slightly below recent peaks.
The festive season's high consumer spending on gold, silver, and vehicles signals a strong Indian economy. However, the decrease in crypto ETF inflows suggests a shift in investment preferences. The Indian economy continues to show signs of resilience and growth.
