/ The New Delhi Guide
New Delhi — By induspride on May 8, 2010 at 12:40 pm
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Festival of Gold Glitters New Delhi, India

India buys a lot of gold and is the world’s largest consumer of gold. Indian gold is not only used for jewelry, but also for ornaments and gift items. Investment in gold jewelry and Indian gold is preferred in this part of the world. A reason for this is that the gold jewelry fetches a decent resale value, when compared with other metals and stones. Another reason is that Indian gold is a sound investment. Indian gold prices appreciate with the buying frenzy accompanied in Indian weddings. These are some of the reasons for the great Indian love-affair with buying Indian gold.

India Buys Gold

Indian Gold at the Festival of Gold

The Indian gold culture dates back to more the 3000 years. Ancient scripts, such as the Gita, Vedas, and Puranas, quote the use of gold in various ceremonies and functions. It is deeply ingrained into the Indian culture. As a matter of fact, gold is as much a part of Indian culture as are rickshaws, spirituality, chaos, and great food.

India’s largest Bullion trader, MMTC Limited, has organized a domestic exhibition of gems and jewelry, Medallion, idols, and Sanhi products. This exhibition is known as the “Festival of Gold”. In New Delhi, “Festival of Gold” is hosted at the Hyatt Regency in South Delhi. Visiting this exhibition will give you a glimpse of authentic Indian jewelry designs and traditional use of Indian gold in ornaments. Each item has been meticulously chosen from all over India. MMTC’s Jewelry Collection consists of pendants, earrings, finger rings, Kadas, Bangles, bracelets and varieties of full sets. You’ll also find some silver jewelry on display.

Delhi Travel Tip: After the visiting and/or shopping at the Festival of Gold, head for the Polo Lounge. The pub has a traditional English interior design and some exquisite malt whiskies. Have fun!

When: 7th to 17th May, 2010

What Time: 10:30 a.m. – 8:30 p.m.

How Much: Free

Where: Regency Ballroom, The Hyatt Regency, Bhikaji Cama Place, New Delhi -110070 (map)

Image Credit: SXC

Related places:
  1. A
    Hyatt Regency Jaipur Jewels Palace
    L 76, Bhikaji Cama Place, New Delhi, Delhi 110066, India
    View Details and Book

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