Lumineux Uno, a new type of precious metal launched in India

SURAT: A new type of precious metal has been launched by the Leading Jewellers of the World (LJOW), which is an amalgamation of gold, platinum, palladium and silver.
The new age metal termed as “Lumineux Uno” is specially for the millennia generation.
Lumineux Uno in India will primarily be available in form of bars and coins and will prove to be a reliable investment commodity as the price volatility is anticipated to be much lower than the investment in the individual metals.It offers the durability and beauty of gold and platinum at a fraction of their prices.
Lumineux Uno will be distributed through “Leading Jewelers of the World” India through its exclusive agents and distributors across top 50 towns and cities of India.
Its luster and resilience renders well for intricate jewelry designing and manufacturing and the excitement from the retail for advance orders of Princess jewellery crafted with Lumineux Uno has been highly encouraging.
Sanjeev Agrawal, LJOW, director said “The price of gold in India has seen the highest jump in the recent months –an increase of over USD 200 per ounce because of global investment demand following the UK votes favoring exit from EU. So while the investor community is very pleased with this global phenomenon making gold and silver as all time favorites for investment returns, the Indian retail trade and consumer is faced with some amount of disappointment with the gold jewelry prices sky rocketing. Lumineux Uno is an innovation that promises to provide an alternative precious metal with a higher luster; is sharper and more malleable; at far more affordable price than gold and platinum and more precious than silver”
The pricing for Lumineux Uno would be between Rs. 120 to Rs.125 per gram at present.