Thangamayil Jewellery opens a new showroom in Anna Nagar Chennai

Thangamayil Jewellery opens a new show room in Chennai Anna Nagar.

This has become a trend these days. If you have a shop or show room in the main Chennai town area around the temple and in the streets of Chennai Temple area, then now it is time for you to have an office outside the main congested traffic area.

Like where people are staying - like Anna Nagar, Bye-pass road NH-7, Thirunagar etc.,
Opening an outer showroom helps your sales a lot. See for example Saravana Stores has a store in Purasaivakkam, in addition to that of T.Nagar shops in Chennai. Same is applicable with GRT Jewellers - they have a shop in Anna Nagar Chennai as well, in addition to T.Nagar and other ones.

Even in Chennai, Naaihaa shop is there in Bye-pass road; Anantha and Anantha metal stores has a branch in Bye-pass road. In fact, Bye-pass road is picking up a lot in Chennai. OK, coming to the news, Thangamayil Jewellery has opened a show room in Anna Nagar, which is a great step towards more profit, more convenience for people etc.,

I guess, next they should be opening a show room in Bye-pass road as well. No Jewellers has moved out of their Jewellery street in Chennai. This is the first time and this is a new landmark for jewellery retail industry in Chennai.

This will change things more in Chennai, I believe in terms of Retail sales. BTW - Thangamayil Jewellery is a Public company -

Thangamayil Jewellery Ltd opened a new branch at Chennai, Annanagar on March 14, 2011 between 9.30 Am-10.30 Am.

The stock closed the day at Rs.167.05, down by Rs.6.35 or 3.66%. The stock hit an intraday high of Rs.176 and low of Rs.167.

The total traded quantity was 8412 compared to 2 week average of 7929.

Source: Equity Bulls

Auspicious days for gold purchases in India for 2011

Invest in Gold periodically every week and month to own lot of GOLD and SILVER

The following are some of the days considered auspicious, according to the Hindu calendar, for gold purchases in India:

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Date Day Occasion Significance

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Jan. 15 Sat Makar Sakranti Festival

Jan. 20 Thurs Gurupushyamrit Day for new ventures

Feb. 17 Thurs Gurupushyamrit Day for new ventures

Apr. 4 Mon Gudi Padwa Maharashtrian new year

May 6 Fri Akshaya Tritiya Gold invokes prosperity

Sept.22 Thurs Gurupushyamrit Day for new ventures

Oct. 6 Thurs Dussera Festival

Oct. 20 Thurs Gurupushyamrit Day for new ventures

Oct. 24 Mon Dhanteras Gold invokes prosperity

Oct. 26 Wed Deepavali Festival of lights

Oct. 27 Thurs Balipratipada Festival

Nov. 17 Thurs Gurupushyamrit Day for new ventures

Invest in Gold periodically every week and month to own lot of GOLD and SILVER

Invest in Gold every week or month - Chennai Finance, Chennai Gold Prices

Considering the cost of Gold and Silver (every precious metal) is increasing, it is not a good way to go and buy gold in bulk. I will not have ability to purchase gold in one shot for many sovereigns. Because that is going to be very costly.

Instead, here is a strategy to accumulate more gold at home, without any strain to your pocket or wallet or bank account.

1) Set a day in a week or a month for purchase of gold.

2) Fix a reliable Gold Jewellery shop.

3) Enquire the return policy of gold in the jewellery shop and make sure they take back gold for the market rate and no commission out of it.

4) Purchase gold or silver periodically like 1 gram to 2 gram to 4 grams every period - say week or month, depending upon your capability.

5) Remember to buy only gold coin for this purpose, which is only 3% making charge (lowest) and 1% VAT. Prefer to pay in cash, so that you don't get 1% more for Card purchase.

6) Say for example - you buy 4 grams of gold every month OR 1 gram every week - you end up with 6 sovereigns of GOLD at the end of the year.

7) Cultural point - we associate our daughters with gold for some reason. Hence, when the child gets born, and you start doing this activity of purchasing gold in denominations, you end up with 120 sovereigns of gold by 20 years of your daughter's age!

8) In this, you don't have to worry about Gold price going down or going up. Your cost gets averaged and you don't get disturbed by any ups and downs. Mental peace and also you get the asset of GOLD, which is never changing and always increasing ASSET.

Isn't that amazing?

9) Well, at last don't forget to have a locker opened in your local bank. You will have to store the precious metals in the Bank locker and not in your home. That is a danger for every one and that might lead to loss!

Half gram gold in Chennai - Akshaya Tritiya/Trithya 2009 on April 27th

Gold is back in favour with consumers shifting their focus on the precious metal on the back of moderation in prices. And Akshaya Tritiya, falling on April 27, may provide a good opportunity for consumers in Chennai and India. But jewellers fear that retail purchasers may not go for the traditional 5-10 gm coins. To counter this, the World Gold Council (WGC), the gold sales promoting agency sponsored by miners, is planning to popularise half-gm gold coins.

“Reducing the coin size will serve two purposes. Consumers will continue to aspire for gold but at a lower investment, thus saving money to fulfill other needs. At the same time, they can also celebrate the occasion which is auspicious for buying gold,” a jeweller said.

Buy Gold and Silver in Chennai as an investment...

Half gram gold in Chennai - Akshaya Tritiya/Trithya 2009 on April 27th

Gold is back in favour with consumers shifting their focus on the precious metal on the back of moderation in prices. And Akshaya Tritiya, falling on April 27, may provide a good opportunity for consumers in Chennai and India. But jewellers fear that retail purchasers may not go for the traditional 5-10 gm coins. To counter this, the World Gold Council (WGC), the gold sales promoting agency sponsored by miners, is planning to popularise half-gm gold coins.

“Reducing the coin size will serve two purposes. Consumers will continue to aspire for gold but at a lower investment, thus saving money to fulfill other needs. At the same time, they can also celebrate the occasion which is auspicious for buying gold,” a jeweller said.

Buy Gold and Silver in Chennai as an investment...

Chennai Akshaya Tritiya: Gold Investment: Buy Gold

Chennai Akshaya Tritiya: Gold Investment in May 07th and 08th 2008 - Buy Gold in Chennai

If you want to diversify your portfolio, invest in gold too. It is even expected that gold would go to $1650 per ounce.

Some views from bl on net.

As per the forecast of gold's future, there are mixed views. While experts believe prices will steadily come down eventually, and forecasts suggest gold rates shooting to $1,200 by Diwali or even before. “But as long as there is propensity to buy, there will be confidence in jewellery. Gold is still a viable investment option,”.

Chennai Akshaya Tritiya: Gold Investment: Buy Gold

Chennai Akshaya Tritiya: Gold Investment in May 07th and 08th 2008 - Buy Gold in Chennai

If you want to diversify your portfolio, invest in gold too. It is even expected that gold would go to $1650 per ounce.

Some views from bl on net.

As per the forecast of gold's future, there are mixed views. While experts believe prices will steadily come down eventually, and forecasts suggest gold rates shooting to $1,200 by Diwali or even before. “But as long as there is propensity to buy, there will be confidence in jewellery. Gold is still a viable investment option,”.

Buy Gold Bars/Gold Coins in Chennai: Jewellers, Jewellery

Why Buy Gold Bars in Chennai

Gold bars are a safe haven for asset protection as well as a good future investment. Basically the value of gold does not change with regard to the goods and services you can get with its value. And ounce of gold still purchases the same value of goods and services as it did many years ago. But the amount of fiat currency which the gold value is assessed by does change and, as the economy goes through recessions and inflation, the apparency is that gold is worth more when actually it is the currency which is worth less.

A good reason to buy gold bars and not sell them.

But if you do have to sell some gold, bars are good as they are accepted anywhere in the world.

Read this website for all about gold investment

Some jewellery shops in joy alukkas and chennai.

Buy Gold Bars/Gold Coins in Chennai: Jewellers, Jewellery

Why Buy Gold Bars in Chennai

Gold bars are a safe haven for asset protection as well as a good future investment. Basically the value of gold does not change with regard to the goods and services you can get with its value. And ounce of gold still purchases the same value of goods and services as it did many years ago. But the amount of fiat currency which the gold value is assessed by does change and, as the economy goes through recessions and inflation, the apparency is that gold is worth more when actually it is the currency which is worth less.

A good reason to buy gold bars and not sell them.

But if you do have to sell some gold, bars are good as they are accepted anywhere in the world.

Read this website for all about gold investment

Some jewellery shops in joy alukkas and chennai.