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GSC 10AM REFERENCE PRICES
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GOLD 1 OZ:      SGD 4299.22
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SILVER 1 OZ:      SGD 47.76
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PLATINUM 1 OZ:      SGD 1592.59
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Updated: 11/06/2025 10:00 AM

GoldSilver Central Pte LtdGoldSilver Central Pte Ltd

GoldSilver Central Pte Ltd

We are a Singapore registered company that specialises in physical bullion trading in Gold, Silver and Platinum at real-time pricing, completed with a whole array of services.

+65 6222 9703 | Mon to Fri: 10am to 5.45pm | Sat: 10am to 12.45pm
Email: enquiry@goldsilvercentral.com.sg

GoldSilver Central Pte. Ltd.
3 Pickering Street #01-15/16 Nankin Row Singapore 048660

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  • The Significance of Gold Gifting and Buying During Deepavali
 
GoldSilver Central Team
Thursday, 02 November 2023 / Published in Blog, Physical Bars and Coins 101

The Significance of Gold Gifting and Buying During Deepavali

 

 

Deepavali, known as the Festival of Lights, holds a special place in the hearts of Hindus, and Dhanteras, its first day, sees a significant increase in Gold sales across India. The term “Dhanteras” combines “dhan,” symbolizing wealth, and “teras,” signifying the 13th day, making it an auspicious time for Gold transactions.

During Dhanteras, families come together to acquire Gold, whether in the form of jewelry or bullion. Jewelry shops and markets bustle with activity as shoppers select exquisite pieces. Many partake in the time-honored tradition of gifting Gold to symbolize commitment and share in the blessings of prosperity and joy.

But what makes purchasing Gold during Deepavali so auspicious? In Hindu tradition, Gold is seen as the embodiment of Goddess Lakshmi, the Goddess of Wealth. Acquiring Gold on this day is believed to invite Goddess Lakshmi into one’s home, bestowing blessings of abundance upon the family.

Gifting Gold during Diwali goes beyond a display of opulence; it is a deeply ingrained practice. In Indian mythology, Gold is intrinsically connected to Goddess Lakshmi, representing financial well-being. Presenting Gold invokes her blessings, assuring prosperity in the year ahead, symbolizing the illumination of life with wealth and happiness. Beyond its material worth, gifting Gold during Diwali reinforces family bonds, signifying love, respect, and well-wishes for the recipient’s prosperity.

With Deepavali just around the corner, explore our exclusive promotion featuring precious Gold and Silver products. Discover unique items that can bring you added luck and prosperity during this festive season!

 

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    GoldSilver Central Pte Ltd (UEN: 201107187N), a Singapore registered company since 2011 specialises in physical bullion trading in gold, silver and platinum at real-time pricing, industry bullion supply, bullion buying and selling, collateral loan and secured storage under GoldSilver Central’s Bullion Storage Program at the Le Freeport. 

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    • HOME
    • SHOP
      ▼
      • GOLD
        ▼
        • Gold Bar
        • Gold Coin
      • SILVER
        ▼
        • Silver Bar
        • Silver Coin
      • PLATINUM
        ▼
        • Platinum Bars
        • Platinum Coins
      • NUMISMATICS
        ▼
        • Pre-1933 US Gold Coins
        • Morgan Silver Dollars
        • Peace Silver Dollars
      • PROOF COINS AND BARS
        ▼
        • Silver Proof Coins & Bars
        • Austrian Mint Collector Coins
      • GSC EMOTIONALS
        ▼
        • Austrian Mint Kissed Awake Jewellery Collection
        • Degussa Emotional Products Collection
      • Pre-Orders
      • PRELOVED GOLD JEWELLERY
      • MEMBERSHIP
      • INSTITUTION/CORPORATE CLIENT SERVICES
    • SPECIALS
      ▼
      • Events Schedule
    • SERVICES
      ▼
      • Only Government Guaranteed Precious Metals Accumulation Program in the World
        ▼
        • Perth Mint Certificate Program
        • Perth Mint Depository Online
        • FAQ
      • The Cash You Need while Retaining your Metals Ownership
        ▼
        • Collateral Loan Program
      • GSC Allocated Storage Program
        ▼
        • GSC Bullion Storage Program
        • Storage Charges
        • Pick and Store Package for Bullion Transfer & Storage
        • FAQ
      • NUMISMATICS
    • SELL GOLD JEWELLERY
      ▼
      • Sell Gold Jewellery for Best Prices
      • Selling Gold Jewellery to us: FAQ
      • Buy Pre-Loved Gold Jewellery
    • GSAP
      ▼
      • GSC Savings Accumulation Program
      • GSAP FAQ
    • GSC Live!
      ▼
      • About GSC Live!
      • GSC Live! User Guide (Desktop)
      • GSC Live! User Guide (Mobile)
      • GSC Live! FAQ
    • ABOUT
      ▼
      • The Company
        ▼
        • About us
        • Vision and Values
        • Our Showroom
        • Our Team
        • Career
      • PRESS CENTRE
        ▼
        • Press Kit
        • Press Releases
        • Press Mentions
      • CUSTOMER SERVICE
        ▼
        • 10th Anniversary E-book
        • Frequently Asked Questions (FAQ)
        • Agreement & Policies
        • Resources
        • Video Resources
        • Payment Methods
      • INSIGHTS
        ▼
        • GSC Morning Call
        • Blog
    • GSC 10AM REF PRICES
    • CONTACT
      ▼
      • Contact Us
      • Getting Here
    • ACCOUNT
      ▼
      • My Account
      • My Cart
      • Payment Methods
      • My Price Notifications

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