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 Gold and Jewellery News of Kerala, India - August 2012
Kerala Gold Price per Gram Chart - August 2012 31-August-2012 - Alapatt Heritage Special Offers

Alapatt Heritage in Kochi offers Rs.1200 discount for 1 pavan, 100% exchange, special rates for wedding parties, gifts for purchases above Rs.20,000 etc.


30-August-2012 - Gold Rates Coming Down From Record

Pavan price came down today by Rs.80 and became Rs.23000 (Rs.2875 per Gram, 22Carat). Golbal prices came down considerably and at NY bullion 1656.1$ per Troy Ounce and London Gold Market Fixing (LGMF) which many traders in India use as a standard, at 1657$ per Troy Ounce (31.1034768gm) today.


30-August-2012 - Tamil Actor Surya Becomes Brand Ambassador of Malabar Gold

Malabar Gold and Diamonds plans to open more than 30 outlets in Tamil Nadu and hired film actor Surya as their new brand ambassador.


29-August-2012 - Diploma in Gemology

University of Calicut in association with Malabar Gold offers Diploma in Gemology in training centre of Malabar Institute of Management Studies.


28-August-2012 - Gold Price Continuing on Record

Gold rates in Kerala stays at record price of Rs.23080 for one pavan (Rs.2885 per Gram, 22Carat) for last 4 days even though the global price shows a downward trend from last night. New York bullion prices are US Dollars 1685 per Troy Ounce (1 Troy Ounce = 31.1034768 grams) presently.


28-August-2012 - Special Onam Discount for Gold Coins in Post Offices

Postal Department announced special 0.5% discount other than existing 6% discount for gold coins bought today. These discounts will be available on 17th and 18th September also.


28-August-2012 - Gold Imports to Limit by Central Government

As the gold prices are shooting up, it is likely to reduce the gold imports by 26% since high import costs causes increased trade deficit.


27-August-2012 - Onam Offers at Paul Alukkas

Paul Alukkas Jewellery at Palakkad celebrates Onam with Diamond Necklace Offer to selected winner, advance booking with increased price protection etc.


27-August-2012 - Rajan Jewellery Starts in Adoor

Rajan Jewellery starts new showroom in Adoor. Inauguration at 10AM, special celebrity guest Tamannaah Bhatia.


26-August-2012 - 22% Discount for Diamond Jewellery in Jos Alukkas

Jos Alukkas Jewellery announced 22% off price on diamond jewellery in all their showrooms.


26-August-2012 - Gold Loan Interest Rates Decreases

Gold loan companies like Manappuram Finance, Muthoot Fincorp etc. are reducing interest rates due to strict RBI regulations of 60% limit of Loan To Value (LTV) and decreased business.


25-August-2012 - Atlas Jewellery Inauguration in Kochi

Atlas Jewellery opens it's first showroom in India at Edappally - Vyttila Bypass, Cochin at 8.30AM today. Gulf based Atlas Jewellery plans to open 100 stores all over India within 5 years, founder and chairman M.M Ramachandran announced.


25-August-2012 - Finally Gold Crossed 23,000 for a Sovereign

Gold prices reached Rs.23080 for one pavan (Rs.2885 per Gram, 22Carat) breaking records 4th day also.


24-August-2012 - Gitanjali Group Monsoon Offers

Gitanjali Group's Gili jewellery offers Onam and Monsoon discounts upto 25% on selected jewellery. Also there are offers from Asmi Diamond Jewellery (upto 15% off), Nakshatra Diamond Jewellery (upto 20% off), D'damas Jewellery (flat 20% off), Maya Jewels (100% off on diamond making charges and 50% off on gold making charges) and Diya Diamond Jewellery (flat 20% off) till 2nd September 2012.


24-August-2012 - A New Record Every Day!

At Rs.22960 for one pavan (Rs.2870 per Gram, 22Carat), gold broke the record again on third consecutive day.


23-August-2012 - Again on New Record

Gold rates went up in Kerala today also, reaching Rs.22880 for one pavan (Rs.2860 per Gram, 22Carat), making it the latest record price.


22-August-2012 - Gold Prices Breaking All Records

At Rs.22720 for one pavan (Rs.2840 per Gram, 22Carat) gold rates are breaking all records and showing all signs of a constant upward trend. The New York Bullion Prices (24 Ct) also became the highest ever in Indian Rupees at Rs.2919.38 per gram, first time going up above Rs.2900.


21-August-2012 - Central Banks Increase Gold Reserves

Central Banks of most of the countries are buying gold in huge quantities to increase their gold reserve since the unstability in global economy and unpredictable dollar values. This may cause shortage in retail gold and possible gold price hike.


20-August-2012 - Gold Going Above Rs. 22,500

After last day's record, gold prices touched again today at highest price ever in Kerala, Rs.22520 for one pavan (Rs.2815 per Gram, 22Carat).


18-August-2012 - Kalyan Jewellers Opening New Mega Showroom in Cochin Tomorrow

New Mega Showroom of Kalyan Jewellers will be inaugurated tomorrow at 11AM by their National Brand Ambassador Aishwarya Rai Bachchan and Kerala Brand Ambassador Dileep.


18-August-2012 - Jewelleries to Open Sunday, Tomorrow

Most of the jewelleries in Kerala plans to open for business tomorrow even if Sunday, expecting huge sales during Onam Season.


18-August-2012 - Jos Alukkas, Kottayam First Anniversary Celebrations

Jos Alukkas Jewellery, Kottayam celebrates their First Anniversary from today. Offers include Onam lucky draws, free gold coin for purchases above Rs.25000.


18-August-2012 - Gold Again on New High

After staying steady at record price for last 5 days, gold rates went up today to highest ever record in Kerala, Rs.22480 for one pavan (Rs.2810 per Gram, 22Carat).


13-August-2012 - Gold Price on New Record

At Rs.22400 for one pavan (Rs.2800 per Gram, 22Carat) today, gold rates reached highest ever in Kerala. Prices showed downward trend from 4th of August and then slowly came up from 8th August and finally reached this record price today.


5-August-2012 - Aishwarya Rai in Kalyan Jewellers Ad Campaign

Kalyan Jewellers announced major ad campaign with Aishwarya Rai, their brand ambassador for designer jewellery, starting mid-August when wedding and festival season begins all over India.


4-August-2012 - Gold Coming Down from Record Price

Gold rates came down by Rs.160 for a Pavan from record price of Rs.22360 for one pavan (Rs.2795 per Gram, 22Carat) which remained steady for last 9 days. Today's rate is Rs.22200 for one pavan (Rs.2775 per Gram, 22Carat).


3-August-2012 - Joy Alukkas Opens New Showroom at Trichy (Tiruchirappalli), Tamil Nadu

New showroom of Joy Alukkas Jewellery at Trichy will be inauguarated on Sunday by famous film star Madhavan.


2-August-2012 - Gold Shops Remain Closed Due to Harthal

Most of the jewelleries in Kerala remain closed today due to Harthal announced by Communist Party of India (Marxist).


1-August-2012 - Gold Price Remains on Record

Gold rates remain steady on record price of Rs.22360 for one pavan (Rs.2795 per Gram, 22Carat) for last 7 days ie., from 26th July 2012.


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