G7 Impose Sanctions on Russian Gold
US president Joe Biden yesterday announced plans by G7 - the world's seven richest nations - to impose sanctions on Russian gold.
Russia supplies around a tenth of the world's gold and has reserves valued...
Jen’s Obsession: Omi Gems’ Juicy Red Spinel Ring
The spinels in this ring look so juicy that onlookers may struggle trying not to dive in! That’s because Omi Gems’ 1.48 ct. oval-shape center stone and smaller surrounding stones are such special shades...
KYC not needed for buying jewellery above Rs 50,000
In a major relief for bullion dealers and jewellery retailers, the government has rescinded applicability of the Prevention of Money Laundering Act (PMLA) on purchases of precious ornaments above of Rs 50,000.
In a notification...
Billionaire brothers bag London’s iconic jewellery retail hub
London’s Burlington Arcade, home to a growing portfolio of luxury watch and jewrellery retailers, has sold for £300m.
The retail area, which houses over 20 jewellery companies, originally went up for sale for £400m at...
Buccellati plans massive Asian expansion in five years
Italian fine jeweller Buccellati, owned by Chinese conglomerate Gangtai Group, announced plans to invest in a comprehensive global distribution network with a strong focus on Asia, according to a report.
The jeweller said it is...
Role of the Eternity Ring Evolves in the UK, New Study Claims
Eternity rings are no longer only being purchased as a sign of commitment, but to mark special occasions and friendships as well.
According to a new survey by jewellery retailer Goldsmiths, which questioned 2,500 people...
Swiss watch exports up 11.8% in June
Exports of Swiss luxury watches reached CHF1.9 billion (around US$1.91 billion) in June, up 11.8 percent from the same period last year, with major markets recording hefty increases, the Federation of the Swiss Watch...
Same-store sales slide for H Samuel and Ernest Jones in Q1
Signet Jewelers, which operates H Samuel and Ernest Jones in the UK, has reported flat same-store sales results for the first quarter of the year.
In its Q1 report for the 13 weeks ending May...
Rebus Introduces SMO Gold Nautical Signet Rings
Rebus is hosting new in-person and virtual appointments for designing personalized, ocean-inspired signet rings.
New York, NY. December 27, 2022. Aquatic symbols have been timeless for centuries, from the talismanic representation of Poseidon and mythology...
GFMS: India’s Gold Imports Register 67% Year-on-Year Rise, Reach 855 Tonnes in 2017
India imported an estimated 855 tonnes of gold during 2017 marking a 67% increase over last year, according to provisional data from precious metals consultancy GFMS Thomson Reuters. Media reports said that the consultancy...
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