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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

Monday, 4th July 2005 (4026 views)

A new style of gold bullion is being hailed as an innovative new medium for those working in the Indian precious metals industry.

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.

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.

The result is a "quasi-gold", providing many of the same characteristics as real gold for comparatively low prices.

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.
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