For Whom Wealth Matters
October 4, 2011 5 Comments
The gold and silver you buy passes through a complex system of wholesalers, stockists, bulk consumers, re-sellers, and retailers before it reaches your hand.Have you ever wanted to know what might be the prices the Big Boys pay to buy their bullion?After all such information may come in handy when bargaining for your small purchase.I find the wholesale price of bullion in Mumbai here:http://www.bombaybullion.com/
February 28, 2011 1 Comment
As gold continues to hover round 21,000 Rupees per 10 grams and silver round 50,000 Rupees per kilogram there is a great deal of change taking place in the Indian jewellery market. The following article which appeared in the ‘Times of India’ is a must read for anyone looking to invest in silver jewellery and artifacts.
24 Feb, 2011, 0854 hrs IST, Meenakshi Sinha, TNN
NEW DELHI: For generations, silver jewellery has been a source of enthrallment for millions of families across India. The exquisite craftwork of an anklet, the sheer weight of a beautiful baazuband (ornate upper arm amulet) — the metal has been a source of pleasure in every way. Its versatility and durability has only added to its allure. While gold has always been the preferred metal for weddings , the cheaper silver has offered more opportunities to indulge.But now with the sky-rocketing of silver prices, customers are being forced to make adjustments. The traditional heavy silver jewellery is giving way to lightweight varieties. Imitation metals too are making their way in.
Sachin Aggarwal of Mohit Gems and Jewellers, Sector 27, Noida says that the demand for heavy items has gone down.“Silver gift items like statues of gods, bridal jewellery like anklets , maang tika, traditional key rings for household keys or sindoor dani (vermillion container) have gone lightweight. Most show pieces like dolphins or photo frames for gods have now been reduced to being designed in a thin layer called patra,” he says. Read more of this post
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