Editorji is a popular short video news and information platform based in India. It was founded in 2018 by Vikram Chandra, one of India’s leading journalists, and has risen to prominence in the digital news space in a relatively short span of time. The platform is primarily designed for mobile devices, with applications available for Android and iOS.

ABOUT US:

about us editorji

Latest Video News: Editorji provides the latest news video headlines, latest videos clip from India and the World. Get all breaking news videos on Entertainment, Business, Coronavirus, Elections, Politics and more.

Latest Video News, Breaking News, Bollywood, Political, Sports, Business News | Editorji

+91 11 4035 6666 / info@editorji.com
3rd floor, Plot B, Khasara no 360, Sultanpur, New Delhi, Delhi 110030
<a title="mail to us" href="mailto:info@editorji.com">Send Feedback</a>
<a title="Contact Us" href="mailto:info@editorji.com">Contact Us</a>

REACH US

Contact for any questions, suggestions, comments, feedback or advertisement on Editorji.com, we are always looking forward to hearing from you.

Contact Us for Feedback, Suggestions and Advertising 

Editorji content is better experienced in our app.

Low-weight gold jewellery sales were up on Akshay Tritiya, due to pent-up demand of covid years

Akshay Tritiya: Higher Demand for lightweight jewellery due to high gold prices 

Sales of lightweight jewellery up on Akshaya Tritiya 

Low-weight gold jewellery sales were up on Akshay Tritiya, due to pent-up demand of covid years

Sales of lightweight gold jewellery increased during Akshaya Tritiya this year as consumers reduced their expenditure as a result of the high price of the precious metal. At over ₹60,000 per 10 grams (24K), the price of gold is currently about 18% higher than it was during Akshaya Tritiya last year.&nbsp;
The gold demand on Akshaya Tritiya was considerably greater last year due to the washed-out pandemic years and was in line with the long-term average Akshaya Tritiya gold demand.&nbsp;
&nbsp;"Jewellery sales are estimated to have increased by over 40% in terms of the number of pieces this year. We saw a great demand for lightweight jewellery as consumers preferred to celebrate Akshaya Tritiya without having too much of a burden on their pockets. High prices this season could not affect overall demand sentiment this year,&rdquo; said Mr Saiyam Mehra, Chairman of All India Gem and Jewellery Domestic Council.&nbsp;
Gold prices have been higher for the past two months, and consumers have been waiting for a decline in prices to buy gold.

India and Chinese Mainland were positioned second on the list with a 6 per cent wealth allocation in gold by the UHNWIs of both the countries in 2022

Ultra-high net worth individuals put 6 pc of investable wealth in....

India and Chinese Mainland were positioned second on the list with a 6 per cent wealth allocation in gold by the UHNWIs of both the countries in 2022

Ultra-high net worth individuals (UHNWIs) allocated 6 per cent of their total investable wealth in gold last year, according to property consultant Knight Frank India.
In 2022, the average UHNWI wealth allocation in gold was 3 per cent globally and 4 per cent in the Asia Pacific region.
"According to the Attitudes Survey conducted by Knight Frank, 6 per cent of the total investable wealth of Indian ultra-high net worth individuals was allocated towards gold in 2022," the statement said.
India and Chinese Mainland were positioned second on the list with a 6 per cent wealth allocation in gold by the UHNWIs of both the countries in 2022.
Austria ranked first on the list with 8 per cent allocation.
There has been an increase in the allocation to gold by the Indian UHNWIs from 4 per cent in 2018 to 6 per cent in 2022, Knight Frank said, while attributing the rise to significant returns that the yellow metal has provided over the years.
Gold has delivered a stellar returns of over 69 per cent in the past 5 years (From FY2019 to FY2023). The pandemic has resulted in a low interest rate, and easy liquidity strategy adopted by the global central banks gave a massive push to the prices, the consultant said.
"In the wake of uncertainties in the global economic landscape, consumers resorted to allocate incremental capital to assets that offer stability and serve as a hedge against inflation," Shishir Baijal, Chairman &amp; Managing Director of Knight Frank India, said.

Gold price rallied Rs 1,400 to touch a life-time high of Rs 61,580 per 10 grams in the national capital on Monday amid strong global trends 

Gold prices decline, day after hitting lifetime high of ₹60,100 per 10 grams

Why gold prices decline day after hitting the lifetime high?

Gold prices rallied Rs 1,400 to touch a life-time high of Rs 60,100 per 10 grams in the national capital on Monday amid strong global trends&nbsp;

Day after Gold price rallied Rs 1,400 to touch a life-time high of Rs 60,100 per 10 grams on Monday, the yellow metal prices were muted in early Asian trade on Tuesday ahead of an upcoming Federal Reserve interest rate decision, while caution over a potential banking crisis kept safe haven demand strong.&nbsp;
Gold rallied sharply over the past week amid growing fears of a U.S. and European banking collapse spurred heavy flows into traditional safe haven assets, while bets that the Fed will lack the economic headroom to keep raising rates dented the dollar.&nbsp;
Focus this week is chiefly on the results of a two-day Fed meeting, with the bank widely expected to hike interest rates by 25 basis points as compared to the previous expectations of a 50 bps hike.
On Monday (March 20) &nbsp;the Gold price touched a lifetime high of Rs 60,100 per 10 grams in the national capital amid strong global trends, according to HDFC Securities.

Mandatory hallmarking of gold jewellery begins from today.&nbsp;As per the new guidelines, jewellers across India will now be allowed to sell gold items of only 14, 18 and 22 carats from June 15, 2021 onwards. If you are looking to buy gold jewellery here are&nbsp;a few important identification marks to keep in mind while making a purchase -:

The BIS Mark
Carat and Fineness Purity &ndash; 22, 18 and 14 carats
Hallmarking Centre&rsquo;s identification mark/ number
The Jeweller&rsquo;s identification mark/ number.

Hallmark is a purity certification for gold. Currently, only 40% of gold jewellery sold in India is being hallmarked. Furthermore, only 35,879 of India&rsquo;s approximately 4 lakh jewellers are currently BIS (Bureau of Indian Standards) certified, according to the World Gold Council.&nbsp;

Gold jewellery hallmarking becomes mandatory: Here is what customers should know

Mandatory hallmarking of gold jewellery began on Tuesday.&nbsp;As per the new guidelines, jewellers across India will now be allowed to sell gold items of only 14, 18 and 22 carats from June 15, 2021 onwards. If you are looking to buy gold jewellery here are&nbsp;a few important identification marks to keep in mind while making a purchase -:
<ul>
<li>The BIS Mark</li>
<li>Carat and Fineness Purity &ndash; 22, 18 and 14 carats</li>
<li>Hallmarking Centre&rsquo;s identification mark/ number</li>
<li>The Jeweller&rsquo;s identification mark/ number.</li>
</ul>
Hallmark is a purity certification for gold. Currently, only 40% of gold jewellery sold in India is being hallmarked. Furthermore, only 35,879 of India&rsquo;s approximately 4 lakh jewellers are currently BIS (Bureau of Indian Standards) certified, according to the World Gold Council.&nbsp;

Gold jewellery hallmarking begins today: Here is what customers should know

Mandatory hallmarking of gold jewellery began on Tuesday.&nbsp;As per the new guidelines, jewellers across India will now be allowed to sell gold items of only 14, 18 and 22 carats from June 15, 2021 onwards. If you are looking to buy gold jewellery here are&nbsp;a few important identification marks to keep in mind while making a purchase -:
<ul>
<li>The BIS Mark</li>
<li>Carat and Fineness Purity &ndash; 22, 18 and 14 carats</li>
<li>Hallmarking Centre&rsquo;s identification mark/ number</li>
<li>The Jeweller&rsquo;s identification mark/ number.</li>
</ul>
Hallmark is a purity certification for gold. Currently, only 40% of gold jewellery sold in India is being hallmarked. Furthermore, only 35,879 of India&rsquo;s approximately 4 lakh jewellers are currently BIS (Bureau of Indian Standards) certified, according to the World Gold Council.&nbsp;

gold jewellery

Categories