Gold, silver prices cool after record highs; jewellery sales jump 35-40 pc during Dhanteras

Gold and silver prices saw a dip on Tuesday after reaching record highs. This profit booking occurred even as jewellery sales during Dhanteras experienced a significant jump of 35-40 percent across India. Silver ETFs also corrected sharply. Despite the short-term price fall, festive demand for gold and silver remains robust, with strong sales expected throughout the extended festive period.

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