Gold Jewelry Sales Goody Padwa falls flat because of Rs. Close to 90,000

Since the price of gold per 10 grams in the physical market without GST is close to Rs 90,000, the sale of Goodi Padwa jewelery has become flat despite the demand for gold coins. Goodi Padwa, which falls today, marks the beginning of the Marathi and Konkani Hindu New Year, showing a new beginning, spring arrival and harvesting season with cultural and mythological importance.

“Consumers are buying more gold coins because they believe they are a good investment and gold will go ahead in the coming days,” said Zaveri Kumar Jain, the country’s largest gold hub in Mumbai’s Zaveri Bazaar. Last year, during the Goodi Padwa, the price of gold was Rs. 78,000, which is now Rs. Close to 90,000.

Pune -based PNG Saurabh Gadgil, Managing Director of Jewelers, said, “My outlets have seen demand in both coins and gold jewelry. The trend indicates that the sale of gold jewelry will be the same last year. However, we will see the increase in value by 30-35 %, as gold prices have risen.”

Global trade tensions, uncertainty on Trump’s reciprocal tariffs and risk-mentality safe-air flow are rising gold prices. Bats or Fed will soon increase the price of gold, Aug Gum Ont Nut Gold Research Head Renisha Chenani explains.

Gold currently has a wind on his back. US Trade Policy, US The slowdown in monetary policy, geographical states and growth is blowing in the direction of gold. The uncertainty around the tariff, the possibility of reducing interest rates, the geographical political crisis and the Central Bank purchase contributed to 18% of the gold in 2025.