The city was once home to half a million people and was the second most populous city in the world, during the reign of the Vijayanagara kings. At one point Hampi was also one of the biggest trading centers of the world. Vijayanagar brought a lot of wealth, fame and splendor to Hampi. In those times, most markets in Hampi were always crowded and swarming with buyers and also merchants. These merchants were not just Indians, but also people from various parts of the world. In no time, the markets grew tremendously and good were exchanged for spices and cottons. In ancient times, the currencies were all silver and gold.
The bazaars were a bustling centre of trade for precious stones and gold, with merchants from faraway lands making their way to this city.