Indian Gold Book:Indian Gold Book - Gold Bars Worldwide

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GOLD JEWELLERY CONSUMERS INDICATIVE BRIDAL AMOUNTS OF GOLD JEWELLERY - BY SOCIAL CLASS Social class Punjab Uttar Pradesh Capital Ludhiana Agra New Delhi High 4,000 g 800 g 1,200 g Upper Middle 1,000 g 400 g 800 g Middle 500 g 200 – 300 g 300 g Lower middle 100 – 200 g 100 – 200 g 120 g Low < 50 g < 50 g < 50 g Social class Rajasthan Maharashtra West Bengal Jaipur Mumbai Kolkata High 1,000 g 500 g 800 g Upper Middle 700 g 300 g 600 g Middle 400 g 150 g 300 g Lower middle 200 g 100 g 150 g Low < 50 g < 50 g < 50 g Social class Gujarat Andhra Pradesh Karnataka Ahmedabad Hyderabad Bangalore High 1,000 g 2,000 g 400 - 600 g Upper Middle 400 g 800 - 1,000 g 250 - 300 g Middle 200 – 300 g 200 – 300 g 200 g Lower middle 100 – 200 g 100 – 150 g 100 g Low < 50 g < 50 g < 50 g Social class Tamil Nadu Kerala Chennai Cochin High 2,000 g 4,000 g Upper Middle 800 g 2,500 g Middle 250 g 1,000 g Lower middle 100 g 500 g Low < 50 g < 200 g Source: Leading jewellery retailers in major cities. The amount of gold jewellery given at the time of marriage can range from a few grammes to 1,000 g and more. Although gold jewellery is normally accumulated over many years, the purchase of new jewellery for the bride, bridegroom and other family members at the time of marriage may account for as much as 50% of national gold jewellery sales each year. This table is indicative only. Retailer estimates, even in the same locality, tend to vary greatly according to their own definition of each social class and the size of their outlet. 124 AN INTRODUCTION TO THE INDIAN GOLD MARKET
GOLD JEWELLERY CONSUMERS INDICATIVE WEDDING SETS – AT THE 200 GRAMME LEVEL Item Punjab Uttar Pradesh Rajasthan West Bengal Ludhiana Agra Jaipur Kolkata Necklace 50 g 40 g 70 g 80 g 30 g 35 g Bangle 10 g each (3 pairs) 18 g each (1 pair) 15 g each (2 pairs) 15 g each (2 pairs) or 12 g each (2 pairs) 30 g each (1 pair) Chain 20 g 15 g 20 g 20 g Earrings 5 g pair 6 g pair 25 g pair 10 g pair (2 pairs) 4 g pair Finger ring 5 g 4g each (3 rings) 5 g 5 g Mangalsutra* 25 g 20 g 15 g Other 20 g bracelet and 7 g ring for groom Total weight 197 g 213 g 200 g 200 g Item Capital Gujarat Maharashtra Karnataka New Delhi Ahmedabad Nagpur Bangalore Necklace 50 g 50 g 50 g 40 g 20 g 20 g Bangle 10 g each (2 pairs) 20 g each (1 pair) 10 g each (2 pairs) 12 g each (1 pair) 12 g each (2 pairs) 4 g each (3 pairs) Chain 10 g each (3 chains) 12 g 15 g 24 g 8 g 16 g Earrings 6 g - 8 g per pair (3 pairs) 10 g pair 5 g pair 12 g pair 6 g pair Finger ring 4 g - 5 g (3 rings) 5 g 4 g 6 g 3 g 2 g Mangalsutra* 25 g 22 g 25 g 16 g 5 g pendant Other 5 g nath 2 g pendant 5 g nathi 8 g mathes 5 g earchain 7 g earchain 12 g bindi 5 g tikka 39 g poocha pair Total weight 200 g 207 g 200 g 200 g Item Andhra Pradesh Tamil Nadu Kerala Hyderabad Coimbatore Cochin Necklace 40 g 48 g 30 g 20 g 20 g Bangle 14 g each (2 pairs) 12 g each (1 pair) 6 g - 12 g (4 pairs) 10 g each (1 pair) Chain 22 g 28 g 32 g Earrings 12 g pair 4 g pair (2 pairs) 2 g - 8 g per pair (4 pairs) 6 g pair Finger ring 5 g 6 g 2 g - 6 g each (5 rings) 4 g 3 g Mangalsutra* 45 g 40 g 15 g 6 g pendant 1 g thali Total weight 190 g 197 g 200 g Source: Leading jewellery retailers. Notes on other gold items: nath or nathi (for the nose), bindi or tikka (for the head), pocha (for the hands), mathes (for the ears). * Mangalsutra or equivalent. The bride is normally clad with as much jewellery as the family can afford. For most brides, wedding jewellery includes items that can also be worn on a daily basis. AN INTRODUCTION TO THE INDIAN GOLD MARKET 125
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AN INTRODUCTION TO THE INDIAN GOLD
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INDUSTRY SUPPORT MAJOR SPONSOR CORP
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PREFACE An Introduction to the Indi
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ACKNOWLEDGEMENTS GIR FIELDTRIPS GIR
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Raman Jethi Ramchand Popley Ramesh
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SUMMARY AND POSITIVE FINDINGS BACKG
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SUMMARY AND POSITIVE FINDINGS To ma
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SUMMARY AND POSITIVE FINDINGS The a
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SUMMARY AND POSITIVE FINDINGS POSIT
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SUMMARY AND POSITIVE FINDINGS INDUS
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ROLE OF INDIAN GOVERNMENT The India
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ROLE OF INDIAN GOVERNMENT The Depar
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ROLE OF INDIAN GOVERNMENT OFFICIAL
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ROLE OF INDIAN GOVERNMENT In summar
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ROLE OF INDIAN GOVERNMENT GOLD CONT
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ROLE OF INDIAN GOVERNMENT LICENSED
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MAP OF INDIA There are 28 States, 6
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POPULATION URBAN AND RURAL State Mi
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POPULATION HOUSEHOLDS - SPLIT BY SO
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ECONOMIC INDICES STATES - INDICATIV
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AGRICULTURE VALUE OF AGRICULTURAL O
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AGRICULTURE MAJOR CROPS - NORMAL AR
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MONSOONS PERFORMANCE OF SOUTH WEST
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IMPORTED GOLD BARS The 10 tola bar
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IMPORTED GOLD BARS 10 TOLA BARS AGR
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IMPORTED GOLD BARS GOLD WEIGHT CONV
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The fine gold content of a London G
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BULLION IMPORTERS UNOFFICIAL IMPORT
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BANKS IMPORTED BULLION PRODUCTS Ban
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WHOLESALING TO DOMESTIC BULLION DEA
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BANKS BACKGROUND INFORMATION ON BAN
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BANKS GOLD CELL BRANCHES Region/Sta
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GOLD DEPOSIT SCHEME DISTRIBUTION Th
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GOLD DEPOSIT SCHEME The State Bank
Page 75 and 76: PUBLIC SECTOR UNDERTAKINGS BRANCHES
Page 77 and 78: Region/State City MMTC HHEC STC PEC
Page 79 and 80: NON-RESIDENT INDIAN (NRI) GOLD IMPO
Page 81 and 82: BULLION DEALERS A secondary tier bu
Page 83 and 84: GOLD REFINERS SMALL REFINERS There
Page 85 and 86: COIN FABRICATORS Corporate gifts Al
Page 87 and 88: COIN FABRICATORS A bullion dealer t
Page 89 and 90: BAR HOARDING Some trade entities in
Page 91 and 92: BULK DELIVERY OF OFFICIAL GOLD IMPO
Page 93 and 94: BULK DELIVERY OF OFFICIAL GOLD IMPO
Page 95 and 96: PERSPECTIVE INDIA The gold jeweller
Page 97 and 98: GOLD JEWELLERY PRODUCTS Handmade je
Page 99 and 100: REGIONAL JEWELLERY STYLES KOLKATA K
Page 101 and 102: REGIONAL JEWELLERY STYLES AHMEDABAD
Page 103 and 104: REGIONAL JEWELLERY STYLES SWAMI JEW
Page 105 and 106: JEWELLERY FABRICATORS All centres,
Page 107 and 108: JEWELLERY FABRICATORS JEWELLERY WHO
Page 109 and 110: TRADITIONAL JEWELLERY RETAILERS Sta
Page 111 and 112: TRADITIONAL JEWELLERY RETAILERS Coi
Page 113 and 114: TRADITIONAL JEWELLERY RETAILERS ANT
Page 115 and 116: TRADITIONAL JEWELLERY RETAILERS Man
Page 117 and 118: ADORNMENT DIMENSION Gold jewellery
Page 119 and 120: GOLD JEWELLERY CONSUMERS MARRIAGES
Page 121 and 122: GOLD JEWELLERY CONSUMERS Among larg
Page 123 and 124: GOLD JEWELLERY CONSUMERS RURAL VERS
Page 125: GOLD JEWELLERY CONSUMERS Gold jewel
Page 129 and 130: LUNAR CALENDAR Mumbai (Maharashtra)
Page 131 and 132: BRANDED JEWELLERY RETAIL CHAINS DIS
Page 133 and 134: Region/State Gili Tanishq Carbon In
Page 135 and 136: HALLMARKS In accordance with BIS pr
Page 137 and 138: HALLMARKING Most jewellery in the W
Page 139 and 140: SOURCES OF GOLD BULLION Jewellery e
Page 141 and 142: Location US dollars in millions % S
Page 143 and 144: Plain gold jewellery Location US$ m
Page 145 and 146: INDUSTRIAL GOLD USAGE Since the rep
Page 147 and 148: INDUSTRIAL GOLD USAGE IMITATION GOL
Page 149 and 150: MUMBAI GOLD PRICES Indian gold pric
Page 151 and 152: MUMBAI GOLD PRICES INDICATIVE DIFFE
Page 153 and 154: MONTHLY 2000 - 2001 2000 MUMBAI LON
Page 155 and 156: PRICING AND PROFITABILITY Bank impo
Page 157 and 158: Recycling of old gold scrap and bar
Page 159 and 160: JEWELLERY WHOLESALERS Jewellery who
Page 161 and 162: Hallmarking charges The few hundred
Page 163 and 164: PRICING AND PROFITABILITY MINTED CO
Page 165 and 166: GOLD MINING AND EXPLORATION For 36
Page 167 and 168: Year Tonnes Year Tonnes 1970 3.241
Page 169 and 170: GOLD SUPPLY AND DEMAND Movements in
Page 171 and 172: GOLD SUPPLY AND DEMAND The trade at
Page 173 and 174: For the domestic market 1990 - 2001
Page 175 and 176: GOLD SUPPLY AND DEMAND INDICATIVE G
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GOLD SUPPLY AND DEMAND INDICATIVE A
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WORLD GOLD COUNCIL The World Gold C
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WORLD GOLD COUNCIL TRADITIONAL GOLD
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WORLD GOLD COUNCIL LOCAL FESTIVALS
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WORLD GOLD COUNCIL YOUNGER GENERATI
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Indian Overseas Bank Precious Metal
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REFINERS AND COIN FABRICATORS WEST
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BIBLIOGRAPHY Agricultural Statistic
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ABOUT GRENDON INTERNATIONAL RESEARC
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