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"Quasi gold" offers new opportunities for Indian market > Gold News > World Gold Council, gold jewellery, international collections, style trends, unique designs, fashion and lifestyle news.

 

"Quasi gold" offers new opportunities for Indian market

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Monday, 4th July 2005 (5829 views)

A new style of gold bullion is being hailed as an innovative new medium for those working in the Indian precious metals industry.<br/><br/>The "one-gramme" gold is a composition of different substances to deliver a new form of "gold" that offers a cheap alternative to the traditional yellow metal.<br/><br/>One gramme of gold is ground into fine grains, and added to a mixture of marble, fibre, silver, copper, brass and leaves, according to reports in the Khaleej Times.<br/><br/>The result is a "quasi-gold", providing many of the same characteristics as real gold for comparatively low prices.<br/><br/>Already retail outlets have begun incorporating the innovation into their designs and pieces, with examples of necklaces, rings and chains all on show in Kerala.<br/><img alt="track" src="http://feeds.directnews.org.uk/feedtrack/dn.gif?feedid=196&itemid=15000567"/>

 

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