Gold jewellery demand was stable in the first half of 2018 compared to the same period last year, with sustained growth in China and the US offsetting a slowdown in the traditionally strong markets of India and the Middle East. The World Gold Council (WGC), in its Gold Demand Trends Q2 2018, said “challenging conditions” […]

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Chow Tai Fook Jewellery Group Limited said that its revenue for the year ended 31 March 2018 (FY2018), rose by 15.4% year-on-year to HK$59,156 million (FY2017: HK$51,246 million) as the retail market in Greater China regained its upward momentum. In a statement announcing their results, the Group said that while adjusted gross profit margin was […]

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Rio Tinto and The Perth Mint today unveiled the first pave-set Argyle pink diamond gold coin in Berlin. “Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto’s Argyle diamond mine in […]

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Jewellery brand Kendra Scott is launching its Spring 18 collection in a coveted spot in one of London’s most high-profile windows today. The American jeweller is launching its new collection with a creative window partnership at Selfridges in London’s Oxford Street. The collection, which is inspired by hot pastels, features geometric shapes and natural textures, […]

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Visitor feedback has led premiere diamond trade show, CARAT+, to welcome leading coloured gemstone specialists for a debut Coloured Gemstones Sector at its second edition in May 2018. This carefully curated new show feature will host world-renowned exhibitors, offering a vast array of loose coloured gemstones, gemstone sets, fantasy cuts, carvings and show-stopping stones for […]

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Illinois-based Sears Holdings, the company which owns the Sears and Kmart retail chains, recently revealed plans to shut down 103 stores it controls. Several media reports in the US, based on the announcement made by Sears to its employees recently, said that about 64 Kmart and 39 Sears stores are expected to be shut down […]

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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 stated that the surge in imports was driven by a rise in retail demand, and subsequent restocking by jewellers. Demand received […]

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Consumers in small towns across India such as Kanchipuram, Dhanbad, 24 Paraganas, Burdawan, Godavari and Thiruvallur are the main purchasers of digital gold, an investment product that can be bought online through Paytm, India’s payment bank cum digital wallet company, according to media reports. The scheme, which was launched on Akshaya Tritiya, the popular and […]

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The Hon’ble Minister of State (Independent Charge) for Commerce & Industry (C&I), Government of India (GoI), Smt Nirmala Sitharaman today inaugurated a Common Facility Centre (CFC) – the Ratna Abhushan Suvidha Kendra, Palanpur. The inauguration event, held in Palanpur, Gujarat, was also graced by Hon’ble Minister of State for Micro, Small & Medium Enterprises (MSMEs), […]

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Rio Tinto announced today that the Company, in association with The Perth Mint, has created a A$1.8 million one-of-a-kind coin collection featuring three coloured diamonds from the Argyle Diamond Mine. The collection was unveiled by the Premier of Western Australia, the Honourable Mark McGowan MLA. The Australian Trilogy 2017 Collection is a unique set with […]

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