Swiggy Instamart Introduces Gold and Silver Delivery for Dhanteras
Swiggy Instamart is offering delivery of gold and silver products for Dhanteras in select metro cities. The service includes gold coins (0.1 to 10 grams), silver coins, and 1kg silver bricks from brands like Malabar Gold and Diamonds, Kalyan Jewellers, and others. A Rs 100 discount is available for the first 10,000 customers buying 1 gram or more gold coins. Gold coins are 999 hallmarked with no making charges, while silver coins are certified for purity. Based on last year's data, Bengaluru, Hyderabad, Mumbai, Delhi-NCR, and Ahmedabad saw the highest orders, with 1 gram gold coins being the most popular.

*this image is generated using AI for illustrative purposes only.
In a unique blend of e-commerce and traditional festive shopping, Swiggy Instamart has announced a new service offering delivery of gold and silver products for Dhanteras in select metro cities. This move marks a significant expansion of Swiggy's instant delivery model into the precious metals market.
Key Highlights of the Service
Product Range:
- Gold coins (0.1 gram to 10 grams)
- Silver coins
- 1kg silver bricks
Partner Brands:
- Malabar Gold and Diamonds
- Kalyan Jewellers
- Muthoot Exim
- Mia by Tanishq
- Gullak
Special Offer: Rs 100 discount for the first 10,000 customers purchasing 1 gram or above gold coins
Product Quality:
- Gold coins: 999 hallmarking with no making charges
- Silver coins: Certified for purity
Market Insights
Based on last year's data, the highest number of precious metal orders came from:
- Bengaluru
- Hyderabad
- Mumbai
- Delhi-NCR
- Ahmedabad
The most popular denomination was the 1 gram gold coin.
Current Market Prices
Metal | Price |
---|---|
Gold (International) | $4,227.00 per ounce |
Gold (MCX) | Rs 1,28,395.00 per 10 grams |
Silver (MCX) | Rs 1,64,660.00 per kg |
This initiative by Swiggy Instamart represents an innovative approach to festive shopping, combining the convenience of instant delivery with the traditional practice of buying precious metals during Dhanteras. It also reflects the growing trend of digitalization in India's festive shopping habits, offering customers a modern alternative to visiting physical stores for their Dhanteras purchases.
The service's success could potentially pave the way for similar offerings in the future, not just for Dhanteras but for other occasions where precious metals are traditionally gifted or purchased. However, it remains to be seen how this will impact traditional jewelers and whether customers will embrace this new mode of buying gold and silver products.
As with any new service involving high-value items, customers are advised to verify the authenticity and certification of the products upon delivery. The convenience of doorstep delivery for precious metals during a busy festive season could be a game-changer, but it also calls for heightened awareness and caution from consumers.
Historical Stock Returns for Swiggy
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+1.29% | +2.63% | +2.56% | +33.35% | -1.67% | -1.67% |