Wednesday, October 22, 2008

Gold prices bring back smiles in time for Diwali 2008

Diwali is around the corner and gold prices have fallen just in time to something which will bring smile to your face. Today i.e. as of Oct. 22nd, 2008 the gold prices for 24K is Rs.12,450 per 10gms. Which means for 22K the prices of gold are Rs. 12,050 per 10 gms.

Prices just a week ago made the predictions of a gold-less diwali come true. Prices were 13,350 on the 15th Oct. Which means there has been a fall of 1000 rupees within a week.

Most of the year has been lacklustre for the jewellers owning to high gold prices. And Diwali a traditionally auspicious season to buy gold was much anticipated by both shoppers and jewellers. Shoppers were looking to make the important purchase for their weddings/gifting while jewellers are trying to meet their sales target.

More smiles coming next with our Diwali offers.

Photo Credit : Sean-b

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