Posted by Manisha Chawla on April 21, 2010 · Leave a Comment

Gold is traditionally given as a gift at Asian weddings
Asians purchasing gold jewellery for wedding gifts have been warned to check that their pieces have been properly hallmarked. Trading Standards at Birmingham City Council have issued the warning after their investigation uncovered a number of instances where gold Indian wedding jewellery had not been hallmarked, or given an incorrect hallmark.
As gold is often given as a gift at Asian wedding ceremonies, and with the forthcoming wedding season fast approaching, Trading standards have been keen to clamp down on any Birmingham retailers who are failing to hallmark their products.
The problem often arises as a result of gold jewellery that has been imported from the Asian sub continents. Here there is no rule about the hallmarking of jewellery. However once an item of gold is put on sale in the UK, it must bear the hallmark. This symbol distinguishes clearly the value of the piece of jewellery, without it, customers are unable to determine the true value of the item easily.
Traditionally gold is an important element of the Asian wedding ceremony. The bride in particular will wear a number of different gold pieces during the celebrations. The costs of this gold jewellery can run into thousands of pounds and often forms part of the bride’s dowry.
Advice being given to Asian customers looking to purchase gold jewellery is to check before you buy that your items have been correctly hallmarked to ensure you are getting value for money.
Posted by Manisha Chawla on March 31, 2010 · Leave a Comment

The demand for gold has gone through the roof ahead of the Asian wedding season
Due to the overwhelming demand for jewellery ahead of the Asian wedding season, the price of gold and the amount which is being imported is on the rise. With the peak Asian and Indian wedding season just around the corner, jewellers in Asia are said to be stockpiling gold in preparation for the rush.
With as many as 1 million weddings planned for this coming April and May, it’s not surprising there’s a surge in demand for gold in India right now. As the world’s biggest consumer of gold, India is known for its insatiable appetite for the precious metal.
However recent figures show that even by India’s standards, demand for gold is massive. It’s been reported that India imported approximately 23 tonnes of gold during the month of March, this a huge increase when you consider that the country was importing 4.8 tonnes during the same period last year.
It’s not just India which is grappling to get their hands on as much gold as possible before the Asian weddings begin. In a recent newspaper article a jeweller based in Thailand spoke out to say that he is already starting to run out of stock and fears he won’t be able to import more gold in time for the wedding season.
If you’re planning an Asian wedding within the coming months, you’d be well advised to source your gold jewellery as a soon as possible to avoid paying an overly inflated price, or not getting the pieces you really want.