A gold necklace, a silver ornament or a gemstone-studded heirloom can carry significance beyond its material value. On Dhanteras, buying precious metals is considered an auspicious way to welcome prosperity and good fortune into the home. The tradition is rooted in Hindu mythology and is associated with Goddess Lakshmi, the deity of wealth, and Lord Dhanvantari, who represents health and well-being.
Also known as Dhantrayodashi, the festival falls on the thirteenth day of Krishna Paksha in the Hindu month of Kartik. According to Hindu mythology, Lord Dhanvantari emerged during the Samudra Manthan, or churning of the cosmic ocean, carrying a pot of amrita, the divine nectar of immortality. Gold is traditionally associated with abundance, while silver represents purity and auspicious beginnings.
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Jewellery purchases on this occasion also have a personal dimension. Precious ornaments often become family heirlooms, passed down through generations and cherished for their craftsmanship and sentimental value.

Dhanteras will be celebrated on November 6, marking the beginning of the Diwali festivities. Observed on Kartik Krishna Trayodashi, the day is traditionally dedicated to worshipping Goddess Lakshmi, Lord Dhanvantari and Lord Kubera. Purchasing gold, silver and other metal articles remains one of the most widely followed customs associated with the festival.
Elaborate gemstone settings, coin-inspired necklaces and devotional silver designs offer different interpretations of festive jewellery. Here are four creations that bring together precious materials and distinctive design, arranged in decreasing order of price.

Deshya by Ma Passion’s Choker-Bracelet Set with Ruby, Spinel and Diamonds in 18K Gold brings together richly coloured gemstones and intricate detailing. Priced at 66 lakh, the set features rubies, spinels and diamonds set in 18-karat gold. The creation stands out through its elaborate composition. Its combination of precious stones and gold makes it a statement accessory for festive gatherings, weddings and celebratory evenings.

The Lakshmi Padma Coin Gold Necklace by Indriya draws inspiration from traditional Indian coin jewellery. Available at Rs 9.70 lakh (approx.), its intricate coin stamps feature Goddess Lakshmi, lotus and shankh motifs, while the antique finish lends warmth to the gold. The necklace pairs particularly well with a silk saree or festive kurta, bringing heritage-inspired detailing to occasion dressing.

Taking a different approach to statement jewellery, Lotus Arts de Vivre’s Carved Jade Wooden Ring features hand-carved jade sourced from Myanmar, accented with rose-cut diamonds and red coral. Set in silver with white rhodium, the design rests on a hand-cut black wooden band reinforced with a silver plate for durability. The creation took two months to complete, with more than six designers and artisans contributing to its intricate detailing. The combination of natural materials and precious stones gives the ring its distinctive character. The statement jewellery is available at Rs 7.83 lakh (approx.).

Tribe Amrapali’s Lord Ganesha Thanjavur Painting Silver Temple Necklace brings devotional art into jewellery design. At its centre is a hand-painted Thanjavur artwork of Lord Ganesha, framed within an intricately crafted temple-inspired pendant. Priced at Rs 65,000 (approx.), the silver necklace features a radiant gold-tone finish and delicate pearl accents, drawing design inspiration from South Indian temple architecture. Its depiction of Ganesha, associated with wisdom and new beginnings, gives the piece a distinct connection to the occasion.
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Dhanteras jewellery can be as much about personal expression as it is about tradition. A gemstone-encrusted statement set, a gold necklace featuring auspicious motifs or a silver creation inspired by devotional art can each mark the occasion differently. The enduring appeal lies in choosing pieces that hold meaning today and can be cherished by generations to come.