Tag Archives: gold jewellery


UK gold jewellery demand hit by pre-Brexit jitters

UK gold jewellery demand hit by pre-Brexit jitters

UK gold jewellery demand was hit by pre-Brexit jitters, reveals the World Gold Council (WGC) in its Gold Demand Trends Q3 2017 report. While gold jewellery demand suffered globally in Q3 2017, weakness in Europe was largely due to losses in the UK. As other markets remained broadly steady, the UK suffered from consumer uncertainty


Amore reports gold jewellery sales spike

Hertfordshire-based jewellery maker, Amore, has reported an increase in gold, diamond and gemstone sales, with retailers investing in the precious metal for the festive trading period. Amore has been working hard to support retailers with gold sales, and in turn has seen retailers substantially invest in gold collections over the past few years. “The long-term

small LAP

Lapponia Jewellery strengthens its support for retail partners

Finnish jewellery manufacturer Lapponia Jewelry has unveiled new collections supported by fresh brand imagery and collateral for stockists. Lapponia Jewellery will be supporting its retail partners this autumn with new images, an updated website, and fresh point of sale materials. The updated website features store locators created to serve the needs of stockists and help drive


World Gold Council reveals how the UK is holding up in the global gold market

Following the World Gold Council’s report, which gave insight into the threats facing the UK gold trade, Professional Jeweller spoke with the council’s head of market intelligence Alistair Hewitt to find out how the UK is comparing with other markets.  PJ: The report outlines the jewellery demand in the UK has been weak and we

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)

Gold jewellery demand “anaemic” in the UK

The World Gold Council (WGC) has released its gold demand trends for Q2 2017 noting a weak demand for gold jewellery in the UK. According to the report, gold jewellery demand was down by 4% across Europe, stipulating that demand was “particularly anaemic” in the UK, where prolonged uncertainty over Brexit deterred anxious consumers. In

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


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,


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


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