financetom
World
financetom
/
World
/
UK Royal Mint launches new gold bar for Ganesh Chaturthi
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK Royal Mint launches new gold bar for Ganesh Chaturthi
Aug 2, 2022 6:34 AM

The UK’s Royal Mint has issued a new 24-karat gold bar engraved with an image of Lord Ganesh for sale in the lead up to Ganesh Chaturthi on August 31, marking an expansion of its Indian-inspired gold minted bullion bar range.

The 20-gram "999.9 fine gold" Ganesh bullion bar is on sale online from this week and is priced at GBP 1,110.80, the same as Royal Mint’s 24-karat Goddess Lakshmi gold bar launched for Diwali last year.

Both bars are intricately designed by the same designer, Emma Noble, and depicts Lord Ganesh in his quintessential pose with a tray of laddoos at his feet.

Also read:

Gold price today: Yellow metal gains while white metal slumps amid losses in global markets

Referred to as The Lord of Beginnings’, Ganesh is one of the best-known gods of the Hindu faith, the Royal Mint said. As the god of luck, new beginnings and wisdom, Ganesh is often seen at the entrances of temples and sacred buildings, acting as a guard and protector.

This year, for the first time, the son of Shiva and Parvati will also be appearing on a 20g gold minted bullion bar from the Royal Mint, it said.

The bar is available ahead of Ganesh Chaturthi, dubbed an exciting time to celebrate the birth of Lord Ganesh an enduring symbol of wisdom, prosperity and good fortune, and also as a gift option throughout the year, including for Diwali alongside the Lakshmi bar.

Also read: India International Bullion Exchange witnessing healthy interest from global players, says CEO

Each bar, available from the Royal Mint website, is imprinted with a unique serial number and comes packed in a specially designed henna-patterned sleeve with the symbol Om. Like the Goddess Lakshmi bar, the Ganesh bullion bar is also designed in collaboration with Nilesh Kabaria from the Shree Swaminarayan Temple in Cardiff, Wales.

It’s wonderful to see an international brand such as the Royal Mint taking such a considered and active approach to celebrate the Hindu culture within their product range, said Nilesh Kabaria, from the temple.

Since launching its designated precious metals investment arm six years ago, the Royal Mint has become known as the home of gold in the UK as the largest producer of bullion coins in Britain.

As well as offering physical precious metal investment options in the form of bars and coins, the Royal Mint also offers a range of digital investment options.

Also read: India's gold demand jumped in June quarter when global demand fell

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Stocks Decline Pre-Bell as Investors Await Inflation Data; Asia Gains, Europe Down
Stocks Decline Pre-Bell as Investors Await Inflation Data; Asia Gains, Europe Down
Oct 7, 2024
06:50 AM EDT, 10/07/2024 (MT Newswires) -- The benchmark US stock measures were tracking in the red before the opening bell Monday, as traders brace for key inflation data scheduled to be released later in the week. Standard & Poor's 500 declined 0.5%, the Nasdaq was off 0.7% and the Dow Jones Industrial Average decreased 0.4% in the premarket. The...
Oil prices dip after strongest weekly rise in over a year
Oil prices dip after strongest weekly rise in over a year
Oct 6, 2024
SINGAPORE (Reuters) -Oil prices fell on Monday after posting their steepest weekly rise in over a year last week as oversupply concerns amid softer demand countered the worries of a wider Middle East war disrupting exports in the key producing region. Brent crude futures fell 31 cents, or 0.4%, to $77.74 per barrel by 0435 GMT. U.S. West Texas Intermediate...
GLOBAL MARKETS-10-year Treasury yield hits 4%, keeping equity bulls in check
GLOBAL MARKETS-10-year Treasury yield hits 4%, keeping equity bulls in check
Oct 7, 2024
* Strong US jobs growth dispels worries of a recession * Traders erase bets for a half-point November rate cut * Dollar scales fresh seven-week high versus yen * S&P500 futures down 0.3%, STOXX 600 down 0.2% * Brent up further 1% (Updates at 0900 GMT) By Alun John and Kevin Buckland LONDON/TOKYO, Oct 7 (Reuters) - The benchmark 10-year...
UK Stocks-Factors to watch on Oct 7
UK Stocks-Factors to watch on Oct 7
Oct 6, 2024
Oct 7 (Reuters) - Britain's FTSE 100 index is seen opening higher, with futures up 0.29%. * RIO TINTO: Rio Tinto is in talks to buy lithium producer Arcadium Lithium ( ARLTF ), both companies confirmed on Monday, with the global miner pouncing following a slump in prices for the ultralight metal essential to the world's shift to clean energy....
Copyright 2023-2026 - www.financetom.com All Rights Reserved