In the old warehouses of the Bazara district, one of the oldest buildings in Mumbai — the financial center of India, in this year gained even greater activity. Many investors with a large fortune specifically chose golden auspicious days in the first day of Diwali — a grand Hindu festival of lights, which traditionally associates with purchases and gifts.
About 2.5 million guests every year visit this market, to lock in high profits. Traders take, that in previous days, they invest in advance. For example, Ajay Vadera, the main jewelry company, said: *"This month is the best for us in the year. In Diwali, we sell more gold, than for any other month"*.
The high price for gold does not record on historical records: in 2023, the cost of one troy ounce reached $2200, which is 30% more than the previous year. They do not mean, buyers, however, do not worry — many strive to acquire ukasheniya as for personal use, and in the case of the traditional gift of jewelry.
In fact, the growth rate of young people, who prefer modern designs, who check their individuality, and we see the trend for massive jewelry, "— said Ajay Vadera. The designer remains important not only for individual families, but also for economic countries, where the main products are produced in Divali, and not only for the mass market.
