New Delhi, Nov. 6 -- The Dhanteras festival is expected to generate business worth more than Rs 1 lakh crore across the country on Friday, with gold and silver sales alone estimated to contribute over Rs 60,000 crore, according to the Confederation of All India Traders (CAIT).

The trade body noted that festive buying enthusiasm remains strong, with consumers continuing to purchase jewellery, silver coins and traditional gifts during the festival.

According to the All India Jewellers and Goldsmith Federation (AIJGF), demand for lightweight jewellery, silver coins and traditional gift items has increased in the market, indicating that high prices have not dampened consumer interest in festive purchases.

The federation shared that the jew...