Gold & silver sales jump during Ramadan and Eid in India

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“Mohammed Kazi said the past week had seen a big rush of customers. ‘Though we serve a large number of people regularly at this time of the year, a silver tinge has been added on to the gift giving this year,’ said Kazi. Silver bars and notes with a print of 786, the holy number, with photos of the religious Mecca and Medina, and silver artifacts of Mecca and Medina, silver sandals and silver armbands are doing the rounds as gifting articles across households, said Kazi. Gold and silver sales tend to surge during Ramadan and Eid due to the purchase of gifts. For the devout, mass prayers end with greeting their brethren and handing over small gifts.”

http://www.mineweb.com/mineweb/content/en/mineweb-whats-new?oid=201042&sn=Detail

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