Tag Archives: gold jewellery

TO GO WITH AFP STORY BY HUI MIN NEO
Gold bars are stacked on April 6, 2009 at a plant of gold refiner and producer Argor-Heraeus in Mendrisio, in the southern Swiss canton of Ticino. While the world grapples with the biggest economic crisis since the Great Depression of the 1930s, demand for the firm's watch and jewellery components business has slumped as Swiss and Italian watchmakers trim production. Meanwhile, investors are hoarding gold bars -- an age-old insurance in times of war or calamities -- sending demand for the group's bullion production soaring. To cope with the new balance of demand, Argor is shifting manpower from its semi-finished products division to gold production and is running day and night. With orders for gold bars piling up, delivery times now stretch to two months instead of 10 days.               AFP PHOTO / Sebastian Derungs (Photo credit should read SEBASTIAN DERUNGS/AFP/Getty Images)

Global gold jewellery demand fell to a seven-year low in 2016

Global gold jewellery demand fell to a seven-year low in 2016

Hit by high gold prices, annual jewellery demand fell to a seven-year low of 2,041.6t in 2016. The World Gold Council reports in its Gold Demand Trend Full Year 2016 that a 5% drop in Q4 set the set the seal on a difficult year for gold jewellery. In the end, full year demand was

bangkok gem and jewellery fair

Bangkok jewellery fair expects to see £382m in trade deals

The 59th Bangkok Gems & Jewelry Fair has projected it will generate in excess of £382 million worth of trade deals. Thailand’s Ministry of Commerce has confirmed that major importers and buyers from key export markets of gems and jewellery will attend the show next month. It expects to see 20,000 international visitors, bringing together

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Jewellery businesses urged to adapt to millennial tastes in face of rising gold price

Adapting to the tastes of millennials could be key to retail success when it comes to gold, according to the World Gold Council. This comes following the group’s report which showed the largest fall in gold demand in two years and many millennials finding gold jewellery to be unaffordable. Speaking to Professional Jeweller, Alistair Hewitt,

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Jewellery remains subdued in the face of persistently high gold prices

The World Gold Council (WGC) has released its Q3 Gold Demand Trends for 2016, highlighting a 21% year-on-year fall in gold jewellery demand to 493.1t. According to the report this is the largest decline since Q2 2014 and the lowest third quarter for jewellery demand since 2011 – a time when average gold prices were

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Global jewellery demand falls by 14% in Q2 2016

The World Gold Council has reported a 14% fall in global jewellery demand to 444t in 2016, compared to 514t in the same period last year. According to the Q2 2016 Gold Demand Trends report, the high price level has taken its toll on the jewellery sector. Jewellery consumers have faced a tough environment in 2016

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Daniella Draper opens third stand alone store

Jewellery designer Daniella Draper has announced the opening of her third stand alone store located in the heart of Beverley, Yorkshire. The new store comes just a couple of months after Draper opened a two-story flagship store in the heart of Lincoln, Lincolnshire in October. The third stand alone store will stock a full range

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Amore extends P&O partnership as part of international push

Hertfordshire-based jewellery maker, Amore, has announced a further push into the international cruise market as part of its international expansion plan. Amore will now sell its silver and gold collections on seven ships belonging to P&O Cruises. Barry Mislin, Amore’s managing director, says:  “We have been working with P&O for many years and they already

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World Gold Council: Global demand rises 8% in Q3

The World Gold Council (WGC) has released its gold demand trends for Q3 noting a rise in demand as “consumers across the globe capitalised on buying opportunity” during a price dip. According to the report, total gold demand in Q3 2015 stood at 1,121 tonnes, an increase of 8% compared to the same period last

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Daniella Draper opens new flagship store

Jewellery designer Daniella Draper has announced the opening of her second stand alone store located in the heart of Lincoln, Lincolnshire. The new two-story flagship shop will stock the full range of handcrafted silver and gold jewellery collections and showcase the Cinderella one-of-a-kind pieces. A private bespoke room will also be at hand allowing customers

Mark Milton

Mark Milton launches Midas collection as gold demand booms

Mark Milton has responded to the boom in demand for gold jewellery with a new 9ct collection for SS15. The Midas offer includes chunky 1980s-style chain necklaces and bracelets, coupled with drop earrings with a variety of textured finishes. Founder Mark Milton commented: “We’ve been busy adding to our gold ranges this year to answer

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