Unolux Metallo Valenza SRL, the company that developed Lumineux Uno, a new era of metal, gave him the exclusive rights to the company's Leading Jewelers of the World (LJOW) India, said in a press release issued by it.
Lumineux Uno is an alloy of gold, platinum, palladium and silver, comprising 95.5% of the pure precious metals, which will be available in India in the form of ingots and coins.
Metal combines the durability and beauty of gold and platinum, and its price is only a fraction of their price. Lumineux Uno will have an authorized certification using X-ray carried out by a third party, according to a press release.
Lumineux Uno will be distributed through the company LJOW, India, which will be used for the purpose of its exclusive agents and distributors in 50 towns and cities of India.
Sandzhiv Agraval (Sanjeev Agrawal), Director LJOW, said: "In recent months the price of gold in India has made the biggest jump, increasing by more than US $ 200 per ounce due to the global investment demand after the election results in the United Kingdom for the withdrawal from the EU . While the investment community very pleased with this global phenomenon that makes gold and silver are the most popular asset in terms of income from investments, the Indian retail and consumers are experiencing some frustration, as prices for jewelry made of gold skyrocketed. Lumineux Uno is an innovation which promises to provide alternative precious metal with a high gloss. It is more attractive and more pliable and also much more affordable than gold and platinum, at the same time being more precious than silver. "
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«WFDB during its working sessions also had the opportunity to discuss the factors that have an impact on members of Diamond Bourses. Exchange President and the members of their delegations were able to participate fully in the debate on various issues, including financing, price lists, synthetics, manufacturers policy, requirements, and much more, "- he continued.
"Congress also noted the promising progress in the development of our international group of young diamanters. They are members of the younger generation of diamond companies from all the major diamond centers, including Israel, India, Belgium, the United States and South Africa, who take on the responsibility to take leadership of our industry in the future. I am glad that we have young people who have specific experience of his generation, and his vision of the industry, "- said Blom.
WFDB also noted that it recognizes the importance of enhancing transparency and integrity in the global diamond supply chain in order to strengthen consumer confidence in diamonds. "We are proud that the global diamond business is one of the most regulated industries in the world, and we are in the forefront of those who actively seek to ensure that it remains so in the future. Our members work in accordance with the rules and regulations that ensure that diamonds are completely free from any possible suspicion, including in accordance with the UN resolution, the national law of the Kimberley Process, legal provisions against money obtained by criminal means money programs "Know your customer "WFDB Code of conduct and the requirements of responsible supply chain", - explained further Blom.
«WFDB would like to officially state that respects the right of diamond companies to enter into agreements and implement written in the protocols with other parties and that, along with the strict observance of rules and regulations WFDB our members, we strive to ensure the transparency of the supply chain. In addition, the WFDB is in constant communication with its affiliated diamond exchanges to implement and ensure compliance with all relevant rules and regulations, "- he added.
WFDB members agreed that the next meeting of the presidents of diamond bourses in 2017 will be organized by the Indian Diamond Exchange (Bharat Diamond Bourse, BDB), while the 38th World Diamond Congress in 2018 will be organized by the Israel Diamond Exchange (Israel Diamond Exchange).
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