NRF: Consumers to Spend $4.7B on Jewelry This Valentine’s Day
Washington--Consumers in the United States are expected to spend $4.7 billion on jewelry this Valentine’s Day, the National Retail Federation said.
According to its annual survey--for which Prosper Insights & Analytics asked 7,277 consumers...
Signet Jewelers Completes First Phase of Strategic Outsourcing of Credit Portfolio
Signet Jewelers Limited, the world’s largest retailer of diamond jewellery has received $ 960 million as proceeds of the first phase of the strategic outsourcing of its in-house credit programme. The proceeds are being...
At least 23 illegal Zimbabwean gold miners feared dead after shafts flooded
At least 23 illegal miners are trapped and feared dead in Zimbabwe after shafts and underground tunnels they were working in were flooded by water from a burst dam, a state-owned daily newspaper reported...
Gold and graphene now used in biosensors to detect diseases
Graphene and gold are now being used in ultrasensitive biosensors to detect diseases at the molecular level with near perfect efficiency.
In a paper published in the journal Nature Nanotechnology, scientists with the University of...
Gold eases from 1-week high as dollar nudges up
Gold prices inched lower on Tuesday, moving away from a one-week high hit in the previous session, as the dollar rebounded amid the European Union parliamentary election results and simmering Sino-US trade tensions.
Markets were...
Citigroup says Venezuela deal covered $1.6 billion in gold
Citigroup Inc. said it entered into a financing deal with Venezuela’s central bank in 2015 essentially using $1.6 billion of gold held at the Bank of England as collateral.
A subsidiary bought the precious metal...
Claudia Bradby to raise money for charity with exclusive royal wedding auction
Royal wedding fever is well and truly upon us and pearl specialist Claudia Bradby Jewellery is marking the special occasion by raising money for the cancer charity, Maggie’s.
Starting on May 14, Claudia Bradby...
GJEPC’s White Paper on Diamond Financing Proposes Solutions on Certain Critical Issues
The White Paper prepared by The Gem and Jewellery Export Promotion Council (GJEPC) for release at the Banking Summit to be held in Mumbai on May 11 proposes a number of solutions to specific...
GJEPC Hosts Export Promotion Seminars in Surat and Jaipur
The Gem & Jewellery Export Promotion Council (GJEPC) hosted two seminars – in Jaipur on June 15 and Surat on June 16– on various issues related to the promotion of exports.
The Surat seminar, hosted...
Central bank demand for gold reaches 3-year high
Central banks’ demand for gold reached a three year high, rising 8% during the first half of 2018 compared to the same period last year, according to a World Gold Council market update on...
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