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Indian Gold Book:Indian Gold Book - Gold Bars Worldwide

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GOLD JEWELLERY PRODUCTS<br />

Handmade jewellery weights<br />

Among large urban retailers, the typical weights of handmade items also varies greatly, dependent on the wealth of<br />

customers and regional preferences.<br />

In some outlets, extremely heavy items can be sold. Necklaces can weigh as much as 2 kg, bangles and chains and even<br />

a pair of earrings more than 50 g, and finger rings more than 20 g. Less common items such as waist belts can exceed<br />

200 g, while golden plaits can be more than 500 g.<br />

The table below illustrates the more common range of weights available. The inclusion of the “typical” range of weights sold<br />

is designed only to indicate the relative weights of different categories.<br />

Category Common range of “Typical” range of<br />

weights available weights sold<br />

Necklace 15 - 200 g 30 - 60 g<br />

Bangle 8 - 20 g 8 - 12 g<br />

Chain 10 - 40 g 10 - 15 g<br />

Earrings 2 - 20 g 3 - 6 g<br />

Finger ring 2 - 10 g 3 - 6 g<br />

Large retailers observe generally that the average weight of individual items across all categories has fallen over the past<br />

5 years. A typical reduction in weight is around 20%.<br />

The weights of all categories tend to decrease progressively down the distribution chain. In small rural and suburban<br />

outlets, necklaces may comprise only a locket strung on a synthetic chain. “Studs” or “tops” (earrings) may weigh 1 - 3 g.<br />

Machine-made jewellery weights<br />

Machine-made jewellery is generally lighter than handmade jewellery. Its weight range is normally less.<br />

Category Common range of<br />

weights available<br />

Chain 6 - 25 g<br />

Bangle 6 - 25 g<br />

Earrings 2 - 15 g<br />

Finger ring 3 - 15 g<br />

Over the past 5 years, the sale of jewellery that is mainly machine-made has increased significantly. Among large urban<br />

retailers, its proportion of total jewellery sales typically ranges between 10% and 20%, and as high as 35% in some outlets.<br />

Chain, the most important category, is reported to be increasingly available in towns and villages.<br />

Marriage symbols<br />

Although symbols can vary by regions, State and caste, many married women wear a mangalsutra, or a gold chain.<br />

A mangalsutra is a necklace that usually incorporates black glass beads.<br />

<strong>Gold</strong> dinner and Pooja sets<br />

Although not widely available, the following records the weight of K22 sets retailed by Kirtilals in Hyderabad.<br />

Dinner set Weight<br />

4 large plates 220 g each<br />

4 cups 38 g each<br />

1 small plate 100 g<br />

Total 1,132 g<br />

Pooja set * Weight<br />

1 plate 222 g<br />

1 bowl 60 g<br />

2 beakers 60 g each<br />

1 pot 48 g<br />

2 lamps 175 g each<br />

Total 1,150 g<br />

* For Hindu religious purposes.<br />

AN INTRODUCTION TO THE INDIAN GOLD MARKET 95

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