Blue Book 2017 watches

Author: Michèle Brunner - Published 26-05-2017 13:53 - ( Reads)
A few weeks ago, Tiffany & Co. launched the 2017 issue of its famous Blue Book, resplendent with sumptuous jewellery on the theme “The Art of the Wild”, inspired by luscious tropical settings burgeoning with trees, flowers, waterfalls, insects and birds. In parallel, the New York jeweller presented its watch version of the Blue Book, with sixteen jewellery watches on the same theme.

Gold, silver inch higher in morning trade

Author: unknown - Published 26-05-2017 10:46 - ( Reads)
Gold and silver were trading higher in morning trade on Friday on account of buying in precious metals by jewellers, industries and retailers

Jewellers to take 12-18 months to stabilise post GST: World Gold Council

Author: Uttara Bhattacharya - Published 25-05-2017 21:13 - ( Reads)
Although the proposed GST roll-out from July 1 is poised to usher in a more transparent and uniform tax structure, the gold industry is likely to take an immediate hit and will take at least 12-18 months to recover.

De Beers’ Forevermark brand inscribes its 2 millionth diamond

Author: Cecilia Jamasmie - Published 25-05-2017 13:51 - ( Reads)
Diamond jewellery retailer Forevermark, which sells selected De Beers gems, has marked a milestone by inscribing its two millionth diamond — a 3.48 carat round brilliant that now bears a ‘2,000,000’ imprinting.

Rapaport Weekly Market Comment

Author: unknown - Published 25-05-2017 11:00 - ( Reads)
Mixed mood as dealers prepare for Las Vegas shows. Slow polished market lacking usual pre-show buzz. Suppliers looking to assess retail atmosphere ahead of 2017 holiday season. Major jewelers under pressure as Tiffany shares plunge approximately -8% after 1Q sales +1% to $900M, net earnings +6% to $93M. Signet Jewelers shares slump about -9% as 1Q sales -11% to $1.4B, profit -52% to $70M, outsources credit portfolio. Rough market resilient. US March polished imports -3% to $2B, polished exports +7% to $1.6B. De Beers to start polished auctions in June. THE RAPAPORT PRICE LIST WILL NOT BE PUBLISHED ON JUNE 2 DUE TO THE JEWISH HOLIDAY OF SHAVUOT.

Gareth Penny Leads Botswana Mine Purchase

Author: unknown - Published 25-05-2017 03:50 - ( Reads)
Former De Beers CEO Gareth Penny has partnered with a high-end colored-diamond manufacturer to buy Firestone Diamonds’ mining operations in Botswana.

Massive Emerald Weighing Over 600 Pounds Found by Miners in Brazil

Author: unknown - Published 25-05-2017 00:35 - ( Reads)
Workers at a mine in the northeastern Brazilian state of Bahia have discovered an enormous emerald, weighing in at about 600 pounds and standing more than four feet tall.

GST rates may disrupt gold market

Author: unknown - Published 24-05-2017 05:18 - ( Reads)
KOCHI: With the the GST rates for gold yet to be fixed, the new rates would be disruptive for the sector, once announced.P R Somasundaram, Managing Director, India, World Gold Council (WGC) said that it would take take 12 to 18 months for the industry to adjust to the new system and a lower rate under GST will bring more people into the organised segment.

Gold on track for biggest weekly gain in five

Author: unknown - Published 19-05-2017 00:00 - ( Reads)
Gold prices edged up on Friday and were on track for their biggest weekly gain since mid-April as the dollar eased amid lingering political turbulence in the United States.
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