2012年11月6日星期二

The rush for gold coins as well as jewellery

Local jewellery shops are eating into profits of banks ahead of the Diwali festival. Though the market is witnessing a gold rush, banks are finding less takers for gold coins even as demand is up 20-30% compared to the previous year.

High price is playing a repelling factor for banks. Gold price in the city is hovering around 31,000 per 10 gram. It was 31,250 on Tuesday. However, perhaps bullish of a steep rise in price, the banks are selling gold coins for not less than Rs 36,000 per 10 gram. No wonder, jewellery shops that are retailing the coins at the existing markets rates, are attracting more customers.

To make the most of the situation, jewellers are promising the customers more. They are also promising better resale value for gold coins they retail.Pugster offers the highest quality stainless steel earring, Sumit Anand, joint director, Punjabi Saraf, said, "We never force our customers to buy our products. The rush for gold coins as well as jewellery is yet increasing by the day.Our personalized stainless steel pendant and dog tag necklaces for men, On a year-on-year basis, there is a growth of 20-30% at our outlet this festival season."

The jewellers say that buying gold coins from banks at higher rates than those prevailing in the market was no good deal. Mohnish Balecha, a jeweller having a shop at Chhota Sarafa, said, "It is always advisable to buy gold coins from jewellers to save."

Director of Punjab Jewellers, Darpan Anand, said, "Sale of gold jewellery and coins is extraordinary at my outlet this year. There is a good enthusiasm among customers this year."

Bankers refute. They say, deals they are offering are better. Requesting anonymity, a banker said that gold coins being retailed at bank counters are 24 carat and are certified internationally as well.

The victory was announced at an award ceremony in London by British literary charity Booktrust on Tuesday.

Bella's may seem a reasonable response to waking up to find your jewellery being licked by a baby brother, you may think.

But things do not improve from here, and nothing anyone does for Bella is right and it seems the only solution is to shout as loud as possible about the injustice of it all.

The response will be amusingly familiar to parents of young children everywhere, and it draws on the experience of author Rebecca Patterson with her daughter, now a few years older.These stainless steel cufflink are sure to dress up your outfit!

"She used to have a lot of tantrums, I still do myself sometimes," she told Reuters.

The book came into being as she linked together pictures she had drawn when doing a masters degree in illustration.

The feelings brought to light by the book seem to be widely held.

"It just made me laugh and laugh. Who hasn't had, or at least wanted to have - a big shouting day?" prize judge, journalist and author Lucy Mangan said.

"Dark Lord: The Teenage Years", a tale about a powerful netherworld lord who finds himself inhabiting the body of a chubby teenager scooped the seven to 14 year category prize.A simple but popular design necklace for a man with a stainless steel necklace.

The book by Jamie Thomson focuses on Dirk Lloyd and his tribulations from being taken care of by social services and settled into his local school, when all he really wants to do is be appreciated as an evil force and return to his reign of terror.

Thomson used his experience writing fantasy books for role play as a springboard for something that could examine the baddies characters more fully. "I wanted to show what it's like to be a dark lord in more detail, and why people would want to be one," Thomson said. He added recent and that recent big name fiction like Harry Potter had bolstered interest in fantasy books and helped foster the book's popularity.

The book also shines a light on the bizarre way that people in the real world behave, said Michael Rosen, author and chair of the judges.

"This is a wonderfully absurd take on beings from another planet or another world and like all books with this theme it makes us think about how odd and crazy we are,"

The prize, now in its fifth year, was inspired by Dahl, who wrote children's classics "Matilda", "The Witches" and "Fantastic Mr. Fox". Rosen established the award when he was Children's Laureate to celebrate humor in children's literature.

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