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Nov- 2016 -9 NovemberCurrent Affairs
Trump victory prompts gold to breach $1,300/oz
The World Gold Council has today released a market update following this morning’s news that Donald Trump has become the 45th President of the United States. Key takeaways from the report are as follows: Financial markets have reacted sharply. Global equity markets have fallen, market expectations of a December US…
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8 NovemberEconomy
Jewellery demand falls in Q3 as gold prices remain ‘persistently high’
Gold jewellery demand in the third quarter (Q3) of 2016 fell 21% on the same period last year to 492 tonnes (t), according to latest figures from the World Gold Council (WGC). This was the largest decline since the second quarter of 2014 and the lowest third quarter for jewellery…
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8 NovemberEconomy
BRC: Jewellery and watch sales continue to grow in October
Favourable exchange rates have produced another strong month for jewellery and watch sales, according to new figures. The latest British Retail Consortium (BRC) and KPMG Retail Sales Monitor found jewellery and watches to be the best performing sector – out of 12 – as both like-for-like and total sales increased…
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7 NovemberAnalysis
Make Your Mark: The winners
Following the Make Your Mark Awards hosted at the Goldsmiths’ Hall last week (1 November), we take a look at the young designers who won the awards. [divider style=”solid” top=”20″ bottom=”20″] Silversmithing category winner: Annabel Hood Annabel Hood has won the chance to have her ‘London’s Leopard’ design made in…
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7 NovemberEvents
Make Your Mark winners announced
The winners of the inaugural Make Your Mark Awards were announced at a reception held at Goldsmiths’ Hall last week (1 November). The awards, which aimed to celebrate the hallmark and challenge entrants to use creativity in where it is placed on their design, featured six judges who assessed the…
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4 NovemberCurrent Affairs
Helensburgh jeweller to close after 52 years
A jewellery store in Helensburgh, Scotland, is set to close its doors later this month after more than 50 years in business. Webster Jewellers – located on West Clyde Street for the last 52 years – will shut on Saturday 12 November after its owner, Iain Johnston, decided it is…
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3 NovemberCurrent Affairs
BREXIT: Parliamentary approval needed to trigger Article 50
The government cannot kickstart Brexit without parliamentary approval and a vote from MPs in the House of Commons, the High Court has ruled. The ruling means Prime Minister Theresa May cannot trigger Article 50 of the Lisbon Treaty – the start of formal discussions to leave the European Union (EU)…
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2 NovemberCurrent Affairs
Jewellery is the UK’s ‘most popular’ collectible investment
Jewellery is the most popular collectible investment in the UK, according to a recent study released by Lloyds Private Banking. It found that out of the one in six UK investors who held collectibles in their portfolio 9% of them invest in jewellery, compared with an average of 7% who…
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2 NovemberCurrent Affairs
Diamond prices decline in October
Diamond markets were quiet in October with wholesale businesses closing for the respective Chinese, Jewish and Indian holidays. The latest RapNet Diamond Index (RAPI) from the Rapaport Group also found trading slowed as larger US holiday orders were already filled and dealers shifted to accommodate specific requirements from their retail…
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1 NovemberDesigners
Graff Diamonds unveils world’s largest heart-shaped diamond
Graff Diamonds has unveiled the largest D colour, flawless, heart-shaped diamond in the world, weighing 118.78 carats. Named the Graff Venus, the stone has been graded a D colour, flawless type IIA with excellent polish, excellent symmetry and no fluorescence – the highest accolade a diamond can achieve. The Gradd…
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