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#gold jewelry buyers in Kolkata
cashongold · 1 year
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Selling Gold has been second nature to Indians. The pandemic or economic distress has proven the significance of investing in Gold and selling it in emergencies. Finding a renowned Gold jewelry buyer in Kolkata can be a daunting task.
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myspcae · 11 months
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Is Investing in Gold Bars and Bullion a Prudent Financial Decision?
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Recent events involving a prominent American politician facing indictment on charges related to alleged bribery for political favors have brought the issue of investing in gold bars, also known as gold bullion, into focus. While we refrain from making judgments about the case's merits or the individual's guilt or innocence, what caught our attention was the discovery made during an FBI search of the politician's residence. According to reports, the search uncovered gold bars valued at approximately $100,000 and a substantial sum of around $480,000 in cash. 
This discovery prompted us to contemplate the merits of investing in gold bars, and like any other investment opportunity, investing in gold bars comes with its own set of advantages and disadvantages. It is essential to carefully evaluate these factors before determining whether gold bars align with your investment objectives. For the best gold buying and selling services in Kolkata, look no further.
Advantages of Investing in Gold Bars and Bullion
Tangible Assets: Gold bars represent physical assets that can be held and securely stored, offering a tangible sense of ownership, distinct from stocks or bonds.
Hedge Against Inflation: Gold boasts a historical reputation as a store of value and an effective hedge against inflation, safeguarding wealth during times of economic uncertainty.
Portfolio Diversification: Introducing gold into your investment portfolio can diversify your holdings, lowering overall risk due to its relatively low correlation with the stock market.
Relative Liquidity: Gold bars are relatively straightforward to buy and sell through dealers, banks, or online platforms, providing liquidity to investors.
Privacy Benefits: Ownership of physical gold bars can provide a degree of privacy compared to other investments, potentially reducing reporting requirements to governmental authorities.
Disadvantages of Investing in Gold Bars and Bullion
Selling Challenges: Finding buyers at desired prices, especially for large bars, can pose difficulties, potentially leading to liquidity issues.
Lack of Income Generation: Gold does not generate income like stocks or bonds; it does not yield dividends or interest, relying solely on price appreciation.
Security Risks: Owning physical gold bars necessitates security measures to guard against theft and damage, potentially incurring additional expenses for secure storage.
High Storage and Insurance Costs: Storing physical gold bars can be expensive, and insurance may be necessary, affecting potential returns.
Price Volatility: Gold prices can be highly volatile, experiencing significant fluctuations during economic uncertainties. For the finest gold-buying services, you can connect with the top gold-buying companies in Kolkata.
Tax Implications: Depending on your location, buying or selling gold bars may have tax implications, requiring a good understanding of local tax laws.
Ethical Concerns: There is often no way to verify the ethical sourcing of gold bars, raising concerns about the potential exploitation of miners and environmental damage.
What Gold Investments Are More Appealing?
The choice of gold investments hinges on your investment objectives, risk tolerance, and the role you want gold to play in your portfolio. It is advisable to consult a financial advisor or conduct comprehensive research before making investment decisions. Consider adopting a diversified investment approach, spreading your portfolio across various asset classes to effectively manage risk.
At Rahul Refiners, we favor investing in gold scrap over bullion. This preference stems from the ability to purchase certain types of gold scrap at reduced prices, recover the gold content, and realize substantial profits. Various forms of gold scrap, including gold and gold-plated jewelry, gold-filled eyeglass frames, gold dental appliances, and even gold dust and scrapings from jewelry factories, can offer more substantial returns compared to bullion investments, often with quicker results.
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librarycaffe4 · 1 year
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Gold Hallmarking in India
Gold holds deep cultural & economic significance in India, Symbolizing wealth & prosperity. However, concerning adulteration & deceptive practices in the gold industry, it has become necessary to robust a system to ensure purity & protecting consumers. This is where Gold Hallmarking plays an important role. 
UNDERSTANDING GOLD HALLMARKING:-
Gold Hallmarking is the process of certifying the purity & authenticity of gold through an official stamp or mark. It serves as a guarantee & provides transparency to consumers regarding the gold they are purchasing. The hallmarking process involves testing the purity of gold and marking it with some specific symbols and years of hallmarking. There are various Significance of gold hallmarking:-
1. ASSURANCE OF PURITY: Gold Hallmarking provides you the assurance that the gold jewelry or item you are purchasing is of declared purity & gives them assurance that you are taking the right decision.
2. CUSTOMER SAFEGUARDING: By enforcing gold hallmarking government is ensuring customer protection by providing them accountability &  promotes fair trade practices.
3. TRUST & TRANSPARENCY: Gold hallmarking helps in building trust & faith between the buyer & seller. The presence of a gold hallmarking symbol on gold jewelry provides complete transparency allowing them to buy easily.
4. INTERNATIONAL RECOGNITION: Gold Hallmarking adheres to international recognition standards such as the Bureau of Indian Standards(BIS).
IMPLEMENTATION OF GOLD HALLMARKING IN INDIA:-
The Indian Government has taken significant measures to strengthen the gold hallmarking system all across the country. Firstly, in 2000 mandatory Gold Hallmarking system was introduced in three metro cities Delhi, Kolkata, and Chennai. Over time this system was induced to implement in more cities and as of June 2021, gold Hallmarking became mandatory nationwide for jewelry and artifacts.
Along with these there are various benefits for consumers as well :-
1. Assurance of quality
2. Consumer empowerment
3. Resale Value
4. Investment Confidence
The widespread implementation of Gold Hallmarking throughout the country is a positive development, solidifying India's reputation as a reliable source of pure gold. As consumers, we can make more informed choices and invest in gold with greater confidence.
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piyuhalder · 2 years
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Online Jewellery Store India | Senco Gold And Diamonds.
Nowadays, almost anything and everything can be purchased online. However, when you are buying jewelry online, you need to be extra careful. When you have a good idea about the elements you should search out, purchasing jewelry online is easy. You will need to do a bit of research on the possible threats. There are numerous gold jewelry online shopping  sites. There are, in reality, an extensive range of advantages of online jewelry shopping.
For online jewelry purchases, you can take advantage of some enticing discounts. This entails a certain amount of testing. You can come across a piece that is available at a flat 40-50 percent discount compared to the price provided at your nearest mall by other sites or the jewelry store when choosing a specific jewelry item. Thus, at lower prices, you can quickly get decent quality jewelry. Gold jewelry online shopping platforms give fairly good discounts since the big display and other operating costs associated with space do not have to be incurred. So they can provide you cheaper value for the product of your liking and even some discounts for your future purchases.
You can search through various shopping stores and compare the design and prices when selecting your favorite piece without making any physical movement. You also get a detailed overview of the product and, thus, you do not hide any detail. Many gold jewelry online shopping sellers offer their buyers customization choices. Providing the size of the ring finger or the neck size or embedding some lovely tiny initials or cute messages etched in your jewelry item helps you order your choice.
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Founded in 1994, Senco is India's leading destination for gold jewelry. It is attributed as one of the best gold jewelry online shopping with strikingly exquisite designs for high-quality fine jewelry. With a company's emphasis on craftsmanship, quality, and customer service, they plan to revolutionize India's fine jewelry and lifestyle segment. Senco has created a large family of loyal customers in India and abroad within a short period. West Bengal is renowned for its unique gold craftsmanship and is home to the best gold karigars, Senco. The brand's strength lies in the meticulous craftsmanship of its karigars from Bengal. More than 100 experienced karigars in Kolkata perform the making of jewelry. They help Senco Gold & Diamonds produce the most delicate pieces of affordable luxury for you.
Senco Gold is a gold jewelry online shopping store specializing in traditional and contemporary antique jewelry, offering the most affordable prices for the finest designer jewelry. The designs are ideal for both your pre-wedding traditions and your special day of marriage.
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shubhgemsstone · 6 years
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How to Know yellow sapphire (pukraj) stone price
This stone has extensive use however, the question arises how do you tell the yellow sapphire price? Yellow sapphire or Pukhraj bead is a yellow colored stone that’s frequently associated with joy and warmth in one’s life. However, one can get confused about how to determine a normal yellow sapphire stone price? There are usually four factors such as cut, clarity, color, and carat, which determine the price of the stone. Every one of these factors must be assessed minutely and economically, by the purchaser prior to investing in the stone.
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Yellow sapphire stone cost and Pukhraj stone price vary based on the variables mentioned previously. Yellow sapphire gemstones are usually considered precious stones. Original yellow stone price can be varied according to the rarity and their own weight. Yellow sapphire is considered among the most valuable stones. The yellow sapphire rate could vary from Rs. 2,500 per carat to Rs. 40,000 per carat, based upon its quality. Color, clarity, shape, and carat can make the rate change for unique stones. And for the common buyer, it may be difficult to determine the ideal stone to wear.
Pukhraj price can’t be determined without physical review. Pukhraj/ yellow sapphire stone cost is obviously, available from online websites, but most of them can misguide the buyer. Pricing yellow sapphire is significantly tricky for the buyers who don’t have the fundamental understanding of the several factors that determine the purchase price of these gemstones. The most essential aspects, which promote the pricing, will be the cut, color, texture and the carat. Aside from these four main factors, the origin of this stone, luster, treatment applied, rarity, supply, and need play major roles in determining the pricing of the stone.
Yellow sapphire has many benefits on the mental and physical wellness wearer. This stone has numerous astrological advantages and healing abilities. No wonder this yellow colored gemstone is very popular to ward off the unwanted energies in life. The planet Jupiter is the ruling planet of this yellow sapphire gemstone. As Jupiter is held because the planet of positivity, the popularity of yellow sapphire is only rising. This mid-century bead is designed to capture the benevolent beams of Jupiter and then use it in order to nurture the well-being of the wearer. The astrologer can suggest this strong stone for people that have been confronting the difficulties of life. The wearer can be freed in a stressful mind and may have a healthy body after wearing this stone. This stone works superbly in the marriage prospects and preserving family stability, also. It is not an element of surprise which yellow sapphire price in India is usually steeper than other stones. The yellow sapphire cost in India can be varied depending upon several factors as mentioned earlier.
Origin
Yellow sapphire stone is generally located in Sri Lanka (Ceylon Mine), Myanmar, Thailand, and Madagascar. Yellow sapphire cost per carat can be raised if the stones are mined from these places. The stones from such mines have brilliant yellowish color and much superior clarity compared to other stones.
Ceylon yellow sapphire price in India is ranged between Rs. 2500 to Rs. 30,000 per carat. Ceylon yellow sapphire gemstones would be the first selection for astrological usage. As a result of superior color and clarity, Ceylon yellow sapphire cost per carat is a lot greater. The yellow sapphires produced from Thailand is lesser priced than the Ceylon yellow sapphires. Yellow sapphires or Pukhraj stones from Thailand are not less precious though. Thailand’s yellow sapphire cost in India is higher as they have more vibrant hue caused by the ideal heat therapy. On the flip side, Bangkok’s yellow sapphire prices are comparatively low, as the used therapy makes them less desirable for astrological usage. The other reason behind Bangkok’s stones less popularity is the fact, they are not uncommon. Rarity plays a major role in determining a stone’s price.
Color
Yellow sapphire can have a wide spectrum of yellow hue, directly from the plain yellowish to the yellow. In a general sense, it can be safely said that Pukhraj price is mainly dependent on the brightness and the purity of the yellowish hue of the stone. From the stones, the hues of orange, green or gold can reduce yellow sapphire cost per carat. For astrological usage, the yellow sapphire with vivid lemon yellow colour is considered the most relevant.
Clarity
Yellow sapphire has lesser inclusion in it with a comparison to other gemstones. Since the yellow sapphire is just one of the Sort 2 clarity precious diamonds, it’s more likely to have inclusions in forms that resemble feather or fingerprint. The inclusions play a major part in determining the worth of this yellow sapphire gemstone. Much as with other gemstones, the presence of prominent inclusions may lower the yellow sapphire rate. If it comes to estimating the stone connected to the inclusions, it’s frequently noticed that the yellow sapphire cost in India is ranged from Rs. 30,000 into Rs. 1 lacs approx. This cost stretch depends, according to the experienced diamond pros, on the transparency together with the visibility of their inclusions.
Luster The ideal way to determine the luster of the stone would be to maintain it below the light so the yellow sapphire gleams. The Pukhraj rate from the diamond market can be decreased if the stone appears less gleaming. The dullness on the stone doesn’t serve its function as jewelry. In astrological usage, the luster is regarded as important.
Carat weight
Yellow sapphires and other precious gemstones are generally sold by a distinctive weight measurement known as carat or ratti. The valuable gemstones have lesser accessibility in bigger sizes and quality yellow sapphire is not an exception to this. Pukhraj price per carat could be increased with its weight and size. Big, infrequent and inclusion free yellow sapphire cost per carat is much more than the regular yellow sapphires. Gemstone sellers utilize ratti to mention that the Pukhraj stone cost in India. It needs to be recalled that Pukhraj stone price per ratti is lower than the same weight in carat. Pukhraj stone price per carat is higher as 1 carat is equivalent to.9 ratti.
Cut
Yellow sapphire is generally considered well-cut as it seems symmetrical and the polishing is smooth. More frequently, the polishers refrain from making the Princess cut yellow sapphire, Rectangular yellow sapphire; square yellow sapphire or Trillion cut yellow sapphire as these can accentuate the carat wastage. Nonetheless, these cuts are highly coveted and require more time and precise attention hence the Pukhraj stone price can raise if the stone has one of these cuts. Yellow sapphires, which can be offered in a more economical price, do not have any different shape other than the cabochons. Cabochons are known to those stones that are just polished but do not have any different cut or contour. These are sold at a much lesser price. Other than the cabochons, generally the Pukhraj is shaped in round or oval shape. The round and oblong shaped stones are used for astrological purposes as both of these shapes are easier to fit into a ring or in a necklace or bracelet.
Treatment First yellow sapphire is regarded as the most effective for astrological usage. Natural pukhraj stone, thus, is significantly more valuable than the one which continues to be gone through extensive treatment. The therapy referred here normally refers to heat treatment and diffusion treatment. It’s frequently seen that regular stones are placed under frequent and extensive treatment to better their luster and color. Afterward those stones are sold at prices considerably more than their initial price.
Supply/Demand
Pukhraj stone costs can be altered and changed based on demand and supply factors. Availability plays a far larger role in determining the Pukhraj gems cost. In the countries where these stones have been mined, Pukhraj stone cost is expected to be lower than those nations which are dependent upon other people. Yellow sapphire cost can differ even in the two cities of the same country. Kolkata and Jaipur are just two big hubs of the gemstone market and therefore, yellow sapphire cost in these two cities is expected to be lower than other parts of India. For these variables, yellow sapphire/pukhraj online is a more convenient way to store. Novice buyers might not comprehend the network of extensive things that determine the pricing. There are opportunities that buying from local stores can cause loss. It should be remembered that just pure stone can be helpful to the wearer.
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induzjewellers-blog · 5 years
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UNIQUE COLLECTIONS OF DIAMOND JEWELLERY
A diamond is the treasured gem of men and women of honor, heroics, excellence and brilliance. Kings and Queens throughout ages have owned and clanged on to this precious of all gems. Diamond’s beauty and features are such that it really makes the possessor feel like a man who is a winner. A diamond is strong, proper, pure and beautiful. Its uniqueness and purity makes it the most desired exclusive jewellery item in the world.
A gem is reflective of one’s inner beauty, strength and personality. A gem reflects individuality and the person’s taste. A gem that has for generations been associated with individuality is the diamond. As a person you will always want that what you have the other should not have, this is true especially in the case of jewellery. As the value of jewellery is in part decided by how exclusive it is.Get Latest indian Diamond Jewellery design Online in Kolkata at Best Prices from InduzJeweller. induz jewellers also has best diamond substitute jewellery in kolkata are very skillfully and artistically created to make them as exclusive as possible, of course it pushes the rates up but the fact that what you own nobody does makes you feel elite and precious.
You can get your own signature touch on the Diamond Jewellery design Online in Kolkata you buy, by deciding its design or if you are that savvy than creating one yourself, you can also have your craftsman as there are many independent artists who work for select people like in the times of Royalty. At weddings brides usually get their wedding sets done by their family jewelers which ensures that the piece is exclusive and of the highest quality. Diamond wedding Earings are the bride’s most treasured item and the one that gets the most attention after the dress. It is necessary that wedding earings are beautiful, lustrous and unique.
selling precious metals and gems like gold and diamond online is not an easy job. Moreover, with the increase in online jewelry sellers and the rising competition, it has been difficult being recognized as an established jewelry brand. What we need here is careful marketing and good brand promotion for a full-fledged thriving jewelry ecommerce.
Here are some great tips on how e-commerce for the jewelry industry can be made simple:
Efficient inventory management software is needed for cataloguing, shipping, accounting all the products and keeping a record of the entire system at the same time. Partnership with renowned marketplaces like Amazon, eBay and others, to sell the jewelry efficiently and building up popularity for the jewelry brand. Presenting high-end jewelry product jewelry on the jewelry website with captivating brand story and call-to-action content for alluring the potential customers into becoming actual buyers. An artistic and user-friendly website to drive in more website traffic and increase jewelry sales. There are several E-commerce solution platforms which can provide you these services and make jewelry E-commerce faster and easier for you. GemEye is the ONLY jewelry industry-specific E-commerce solution platform which simplifies jewelry eCommerce for you without disrupting your current workflow with an experience of 30 years in jewelry industry.
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mikunziv · 7 years
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India's Jewelry Tradition of Gold is Turning to ... Concrete?
Jewelry created from unusual materials and in contemporary designs or sometimes inspired by traditional ethnic jewelry is becoming increasingly popular, with Eina Ahluwalia, a Kolkata-based jeweler, among those leading the way. “A few decades ago, the primary jewelry buyer used to be the man, ...
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cashongold · 2 years
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People in Kolkata trust gold as their friend in crisis. Thus, they purchase gold in form of jewelry or bullion when the price is at some comfortable range. They sell those when there are needs for money. Various companies have arrived to cash on this opportunity. They have decided to buy the old gold ornaments for cash. These companies have gained quick popularity for their practice of providing instant cash. Several gold jewelry buyers including Cash on old Gold are now successfully operating in Kolkata.
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myspcae · 11 months
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Why Professional Evaluation of Your Gold-Plated Items is Imperative
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In the realm of precious metals, gold takes center stage as the favored investment option in India. Its intrinsic allure, esteemed status, high liquidity, and resilience against inflation have established it as one of the most coveted investment avenues. Whether in the form of ornate jewelry, pristine coins, weighty bars, gold exchange-traded funds, gold funds, or the government's sovereign gold bond schemes, gold remains a secure and lucrative asset that accommodates investors from diverse financial backgrounds.
Guarding Against Inflation:
Investing in tangible gold acts as a bulwark against the pervasive long-term threat of inflation, a particularly salient concern in India's burgeoning economic landscape. Over time, gold has consistently outperformed inflation rates, a trend easily traceable through various online platforms. To facilitate trusted gold transactions, you can rely on the best gold seller in Kolkata.
Future Financial Preparedness:
The prudent accumulation of savings from one's regular income is paramount for ensuring future financial security. Unlike the capricious nature of real estate or the rigidity of fixed deposits, physical gold investments promise the potential for stable returns down the road. Opting for NABL-certified and quality-guaranteed gold coins represents a judicious choice in this regard.
Streamlined Acquisition and Liquidation:
Investing in gold bars and coins offers the convenience of procurement through Rahul Refinery, distinguished as the best gold buyer and seller in Kolkata. This ensures NABL certification and provides comprehensive receipts for your records. The selling process is straightforward, particularly when market prices are favorable, thanks to local traders.
Exceptionally Low Maintenance:
Diverging from the demands of many other investment avenues, gold shines by requiring minimal ongoing maintenance. Safely stored in your personal locker, gold remains resilient for years, requiring no regular upkeep.
Resilient Price Dynamics:
Historical data tells a compelling story of gold's resilience, characterized by swift rebounds in value following market fluctuations. This quality elevates gold to the status of a dependable asset during times of financial turmoil.
Inter-Generational Legacy:
India's rich tradition involves the transmission of gold investments to successive generations, often bestowed as treasured gifts during significant life milestones like marriages.
Pledgeable Assets:
Every physical gold asset retains its intrinsic liquidity, enabling you to pledge it effortlessly for immediate loans from banks and financial institutions.
Portfolio Diversification:
The stock market and real estate, while offering appealing returns, come with enduring risks. Opting for gold as part of your investment portfolio serves as an effective strategy to diversify and mitigate long-term risk.
Enduring Security:
A retrospective analysis of historical rates underscores gold's capacity to provide enduring security, with values that withstand the test of time within the market.
Time-Tested Resilience:
Gold assets remain resilient to the eroding effects of time. Be it in the form of gold bars or coins, they guarantee stable returns and sustained financial security.
For personalized gold and silver coin acquisitions, Rahul Refinery assures complete transparency via NABL certification and other quality assurances. Our products are crafted with cutting-edge Swiss technology. To commence your journey towards tailored coin procurement for corporate or personal purposes, we invite you to explore our website further.
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pearljewelryset · 7 years
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Trade in the diamond area of Mumbai was quite lively in February, taking into account the fact that the SIGNATURE-IIJS exhibition was scheduled for the second half of the month. Domestic demand for diamonds was good, although there were few foreign buyers. This is due to the fact that in February many exhibitions followed one another in Bangkok, Hong Kong, etc., with the most recent ones being transferred to March. In fact, Indian diamond dealers were waiting for the Hong Kong exhibition, counting on good business, despite holding its SIGNATURE-IIJS exhibition, where the demand for diamonds is usually small and the focus is more on jewelry in general. The production of diamonds was quite large due to the preparation for future exhibitions. Given the growing demand for "small" diamonds from the United States, the production of "stars" and "mele" were large throughout the month. Companies that produce diamonds in one carat and above, too, were busy, as one could see at the SIGNATURE exhibition. There was a demand for diamonds weighing 5-6 carats and further down to 15 carats. Participants of the exhibition announced that they received serious applications. The trade in rough diamonds was revived as a result of price cuts on the February website of De Beers by about two percent. The Gem & Jewelery Export Promotion Council (GJEPC) of India announced preliminary data for January 2015, of which an increase of 4.87 percent of polished exports from the country in January 2015 to $ 1,792 , 68 million (2, 78 million carats) compared to $ 1,709.37 million (2.64 million carats) in January 2014. The volume of polished imports amounted to $ 372.70 million in January 2015 compared to $ 512.19 million in January 2014, which is 27% lower and is explained by the steps taken by the government to curb the import of diamonds.
The volume of diamond exports showed a decrease of 14.34 percent, reaching $ 106.45 million (3.02 million carats) in January 2015, compared with $ 124.27 million (3.04 million carats) in January 2014. The volume of imports of diamonds was $ 851.38 million (8.78 million carats) in January 2015 compared to $ 1,257.03 million (11.95 million carats) in January 2014, which is 32.27 percent lower. The business was accompanied by holidays and related revival, lasting several months until February 2015. The training, which began a few months ago for the premium SIGNATURE IIJS 2015, gained tremendous momentum in February, as jewelry manufacturers worked overtime to complete their specially created collections for this exhibition.
SIGNATURE-IIJS 2015, held at the Bombay Exhibition Center (NSE Complex) in Mumbai, was successful, despite the sluggish market. The exhibition was opened by Andrey Polyakov, Vice-President of ALROSA, Russia, and Ms. Shaina N.Ch. (Shaina NC), dealing with social problems, which added a brilliance to the event. A respected Kirtilal Doshi, a prominent representative of the industry, generously shared his rich experience with the audience and was warmly received by all. The first day of the exhibition SIGNATURE IIJS ended with the awarding ceremony of The Artisan Awards (Award for Excellence), held at the Grand Hyatt Hotel in Mumbai in order to celebrate the best jewelry designers in India.
An unpleasant surprise awaited the industry in the form of the general budget of the country for the 2015-2016 fiscal year, announced at the end of the month and brought great disappointment. The optimistic mood of the precious stones and jewelry industry has been spoiled, as this budget does not solve the main problems, but offers only weak consolation, including the development of sovereign gold bonds, a gold monetization scheme and the introduction of gold coins issued in India. Vipul Shah commented on the budget: "As for the precious stones and jewelry industry, we are extremely disappointed! The Ministry of Finance completely ignored one of the most important issues on reducing the shadow money turnover and the long-voiced demand of the precious stones and jewelery sector to reduce import duties on gold. The smuggling of gold remains a problem for the industry and leads to the prosperity of illegal trade, while a reduction in the import tax could seriously help us to solve this problem to a significant extent. " Another issue that was ignored is the reduction of the import duty on equipment and supplies for jewelry parks, for production clusters, where the equipment is in joint use, which the industry had hoped for.
Although nothing has been mentioned in the latest version of the budget for 2015-2016, the Indian industry now expects that the Government of India will move forward faster in the issue of establishing Special Customs Zones (SNZ) now that the official Indian delegation that visited Antwerp and Dubai, submitted its report to the Ministry of Finance.
The International Institute of Diamond Grading & Research (IIDGR), owned by De Beers, held symposia in India to identify synthetic diamonds in order to demonstrate its technology to all participants in the Indian diamond community - the most timely step taken In the right direction, especially when there are rumors about the mixing of synthetic and natural diamonds.
It is possible that one more diamond exchange will appear in India someday in Surat, judging by the enthusiasm that was noticed during the stone-laying ceremony on February 15 in Surat by the chief minister of Gujarat Anandi Ben Patel (Anandi Ben Patel). Does this mean that the Indian diamond industry is expected to grow rapidly in the coming years?
In recent years, the business associated with colored stones has been developing by leaps and bounds, thanks to the fact that fashion trends involve the use of different colors and textures in jewelry. The Indian-Chinese meeting of sellers and buyers of colored gems (Indo-China Colored Gemstone Buer Seller Meet), held this month in Panyu, China, is reported to have successfully passed. The buyers were mainly from different parts of mainland China, including Panyu, Guangzhou, Shenzhen, Hong Kong, etc.
Although now the country is preparing diamond cutters for the Indian industry, soon the masters will be trained so that they can get this work also abroad. To this end, a Protocol of Understanding (MoU) was signed between the Surat Diamond Association (SDA) and the Gem and Jewelery Skill Council of India (GJSCI), India. This is a step aimed at helping qualified masters in getting work abroad, if they want it. See https://weddingpearlneecklace.tumblr.com/
Slowly but surely, the Indian jewelery and jewelry industry is becoming organized to become more professional in all areas, judging by the initiatives taken by the All India Gems and Jewelery Trade Federation (GJF) and the Council for Promotion of the export of precious stones and jewelry. GJF announced the creation of the first of its kind "Jewelers Identity Card" (JID) - a unique digital identity card, which is designed to create an authorized and legitimate business institution from among its members, jewelers and their employees. GJEPC India launched a major new initiative in the field of corporate social responsibility - the Group Health Insurance Scheme, In which member companies can include in their list of insured employees and their families at very attractive rates. It is reported that such a scheme will be simultaneously launched in the states of Gujarat and Maharashtra within phase 1. After its successful implementation, Phase 2 will be implemented in states such as Delhi, Kolkata, Chennai and other clusters of the gem and jewelry industry.
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piyuhalder · 2 years
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Where to Sell Gold for Cash?
You may sell gold for fast cash in a variety of ways. Some people sell their gold on the internet, while others go to jewelers to sell gold for cash in Kolkata. Even if you have several possibilities for selling gold, there is a good chance you may get stuck on where to sell gold.
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Step 1 - Know Your Right Options
Selling your gold to local jewelry stores
In the market, several jewelers sell and buy gold. However, it is critical to remember that the majority of jewelers' primary business is to sell gold rather than to purchase it. As a result, when they buy gold from clients, they give a lower price.
They strive to outperform their investments in infrastructure, personnel, and advertising. If you want to avoid such a loss, you must first understand the best technique and place to sell gold.
Do not sell gold to Pawn Shops
Pawnshops (sometimes known as pawnbrokers) are simply third parties who provide loans based on personal property or collateral. Because these folks are not experts in the gold purchasing business. Furthermore, they provide very little value for your gold jewelry.
Visit Multiple Gold Buyers or Jewellery Shops
If you have extra gold to sell, you should visit many gold purchasing firms. This provides you a good indication of the entire worth of your gold jewelry. Most of the time, you can acquire online pricing, but you must check on the same day.
Equipped with Technology and Professionals
Businesses' lives have gotten easier in today's technology environment. In recent years, a slew of new gold-mining equipment has been launched. Such equipment assists gold purchasers in performing various jobs properly, such as gold purity testing and appraisal. So, before you sell gold for cash near me, be sure the buyer has all of the latest technology needed to conduct a fair gold purchasing procedure.
Knowing Core Gold Buyers
If you have decided to sell gold for cash, you must select the primary gold purchasers. When you explore the market for gold jewelers, you will discover a plethora of options. However, they are primarily concerned with their profit margins and hence provide a lower value for your gold. You should look for a company that specializes in buying gold. The core gold buyer can advise you on the real gold purchasing procedure and provide you with the greatest potential price for your gold.
Check Gold Buying Certifications
Purchasing gold in India is a legitimate service that requires certain qualifications. As a result, you must ensure that the gold buyer to whom you are selling gold jewelry has the proper certification. This increases client trust; these authentications provide a standard of buying gold procedure.
Step 2 - Selling Gold Jewellery to Authentic Gold Buyers
Know Your Gold Buying Authorized Bills
Before selling gold jewelry, you must obtain gold purchasing authorization bills from the appropriate jewelry store. Most of the time, customers lose their bills and are forced to sell. Selling gold jewelry without a bill may result in the loss of the true worth of your gold jewelry.
Non-authentic jewelry stores will sometimes take advantage of this and give a very low price for your gold jewelry. As a result, it is critical to have gold jewelry bills. If you cannot locate the invoices, you can contact the specific jewelry store where you purchased the jewelry. Request that they provide a duplicate bill, which may be accessible in their database.
Segregate Your Gold Jewellery Items as per Gold Carats
The value of gold is also determined by its carat weight. It is not uncommon for us to own gold jewelry of varying carat weights. As a result, those gold jewelry products must be sorted according to their carat value. This will assist you in determining the true value of any gold item before you “sell gold for cash near me”.
Check the label stamps on gold jewelry using a magnifying lens to see if the carat amount is clearly stated. Also, if you look closely, you will notice the letters "GF" or "GP." This demonstrates how the gold is plated on the surface of the jewelry. Most jewelry stores do not buy these gold products; instead, they only buy solid gold products.
It would be preferable if you could create separate tiny bags for each gold item.
Know Your Gold Jewellery Weight
This is a critical stage in which you must weigh each gold jewelry piece. Because a local gold buyer or jeweler might deceive you about the weight of your jewelry here. You may also check these weight numbers using a tiny digital weighing scale, which will give you the exact weight value. Make a note of this and keep it with you for your protection.
Check Gold Rate Before Selling Gold Jewellery
We need to know the online gold rate so that you may make the most out of your gold. If we consistently monitor the gold rate daily, we will be able to predict when gold prices will rise. When gold prices are constantly falling, we may lose a lot of money when selling our valuable gold jewelry. Nowadays, you can check gold rates online, which provides you an idea of when to sell gold jewelry.
Likewise, you can get different quotes from different gold buyers to decide.
Find Customer Reviews or Testimonials
Whenever we make a purchase, we always confer with friends and family members who have previously purchased the same item. Similarly, if you decide to sell gold for cash in Kolkata, seek family or friends who have already sold their gold. This will assist you in locating the top gold buyers in your area based on their previous experiences. It is also recommended to conduct an Internet search to uncover reviews of other customers who have sold their gold to the specific firm where you intend to sell your gold.
If you follow all the above things, then you will get an ideal place to sell your precious gold for instant money.
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cashongold · 10 months
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Like your old gold jewelry or bullion, you can sell off diamond pieces too in the market. Most of the professional gold buyers in the city also purchase diamond pieces and jewelry. These companies offer separate rates for uncut and processed diamond crates. Besides, the gold attached to the pieces enjoys separate rates.Buyers like Cash on Gold also offer spot Cash for diamond in Kolkata.
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