loader image
Connect with us

National News

India’s New Shopping Mindset, Before You Buy Gold, #PehlaCheckIAGES

Bringing Focus On Differentiation and Operational Excellence

Published

on

– ‘Before You Buy Gold, #PehlaCheckIAGES’.

Indian consumers are being given the choice to make more informed decisions while buying gold. The efforts of the Indian Association of Gold Excellence and Standards (IAGES), a self-regulatory organisation created by the gold industry, are beginning to see the fruits of the groundwork it has put into encouraging a shift in the gold-buying mindset of people with its pan-India awareness campaign

Designed as a nationwide consumer-awareness initiative, the campaign marks a significant step toward formalising credibility in gold buying and introducing a simple but powerful shift—encouraging buyers to verify a jeweller’s credentials before making a purchase. The IAGES accreditation covers the entire value chain, bringing ethical sourcing, compliance, and transparency from the background to the forefront.

Akshaya Tritiya as a Catalyst

This year, the campaign gained significant momentum in the lead-up to Akshaya Tritiya 2026, one of India’s most important gold-buying occasions. During this high-intent, high-traction period, the #PehlaCheckIAGES initiative played a dual role, supporting both consumers and the trade ecosystem.

On the consumer front, the campaign actively shaped buying behaviour by encouraging individuals to verify jewellers before making a purchase. Through strong on-ground and digital visibility, consumers were nudged to prioritise trust and transparency. The simple act of ‘Pehla Check’ reflected a powerful behavioural shift—turning awareness into action.

The impact of the campaign was evident in the noticeable shift in how consumers began paying more attention to who they were buying from, in addition to what they were buying. The IAGES accreditation emerged as the most credible trust marker, with a verified jeweller becoming a non-negotiable starting point for consumers.

Kaushlendra Sinha, CEO, IAGES, said:

“The ‘Before You Buy Gold, #PehlaCheckIAGES’ campaign is rooted in a simple but critical shift—encouraging consumers to make verification the starting point of their gold-buying journey. Akshaya Tritiya 2026 becomes the first year we saw an evolved, informed mindset among gold buyers as well as gold businesses.

By driving preference toward accredited jewellers, we not only empower consumers but also recognise and strengthen businesses that uphold the highest standards of integrity.”

Value for the Trade

The campaign had an equal impact on the trade ecosystem as IAGES accredits stakeholders across the gold value chain based on neutral third-party assessments of sourcing, operations, and business practices. By directing consumer attention toward accredited jewellers, the campaign created a clear point of differentiation and operational excellence in a highly competitive market.

Retailers aligned with these standards benefited from stronger visibility and enhanced consumer confidence during a peak buying period.

More importantly, the campaign reinforced a larger message for the industry—that ethical practices and transparency are not just compliance measures, but drivers of business growth and long-term credibility. At present, the growing IAGES network stands at 100+ accredited partners across India with 550+ partner outlets, listed on the official website.

Pan-India Consumer Outreach

A key strength of the campaign was its wide geographic reach across India, covering metro cities and key markets where IAGES has a strong partner network. It encouraged customers to identify and choose only IAGES-accredited retailers from the partner directory before making their Akshaya Tritiya purchases.

The expansive #PehlaCheckIAGES campaign saw a multi-channel outreach strategy, combining a strong print presence across national and regional publications with an aggressive digital-first approach across OTT, social media, and online platforms, driving engagement across age groups and geographies.

Cinema advertising, influencer-led content, media integrations, out-of-home media, metro train branding, and catchment-led branding across key cities further amplified the message.

The success of the ‘Before You Buy Gold, #PehlaCheckIAGES’ campaign during Akshaya Tritiya 2026 signals a meaningful shift in the way gold is bought and sold in India. It demonstrates that trust—when made visible and verifiable—can influence both consumer behaviour and industry standards. As the campaign continues to grow, ‘Pehla Check’ is poised to become a habit that reshapes the future, making it more accountable and transparent.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Gold Industry Proposes New Strategy To Cut Imports and Boost Local Economy

Precious Metals Refineries Forum (PMRF) Has Proposed A Two-Track System To Manage Gold More Efficiently

Published

on

Following Prime Minister Narendra Modi’s call to reduce gold imports and foreign travel, major Indian bullion and jewellery bodies have submitted a new plan to the government and the Reserve Bank of India (RBI). The strategy aims to lower the nation’s trade deficit by tapping into the estimated 30,000 tonnes of gold sitting in Indian households.

This move comes after India’s gold imports jumped 24% to a record $71.9 billion in the 2025-26 financial year, with over 721 tonnes of gold brought into the country.

The New Strategy: Two Separate Systems

The Precious Metals Refineries Forum (PMRF) has proposed a two-track system to manage gold more efficiently:

  • For Exporters: Imported gold should be strictly saved for jewellery exporters using one-year Gold Metal Loans (GML).
  • For Local Buyers: Domestic demand should be met entirely by recycling household gold. This gold would be collected from citizens, refined locally, and sold back through jewellers and retailers.

Under this plan, people who deposit their idle gold could earn 2% to 2.5% interest, while businesses taking gold loans would pay an interest rate of 3% to 4%.

Fixing Why Past Schemes Failed

Previous government gold schemes failed to gain traction primarily because they left out local jewellers and lacked a proper banking structure. Without a joined-up system, institutions faced high financial risks from changing gold prices.

To fix this, trade bodies are calling for a complete system that includes:

  • Direct involvement of trusted local jewellers. The schemes did not take off in the past because jewellers were not part of them. About 10% to 20% of family gold is held as bars or coins.
  • Strong bank backing and secure storage vaults across the country.
  • Tax incentives, such as removing the 3% GST loss when physical gold is converted into Electronic Gold Receipts (EGR), and offering income tax relief on the interest earned.

Industry Support

Industry experts say a smooth system is already possible. Collection and purity testing centres have confirmed that collected household gold can be processed within 48 hours and safely moved to secure, bank-approved vaults.

Representatives from the Indian Bullion and Jewellers Association (IBJA) recently held discussions with RBI officials to fast-track these changes.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x