News
-
Apr- 2016 -11 April
Gold price reports best performance in ‘three decades’
The price of gold reported its best performance in almost three decades, according to a new report from the World Gold Council (WGC). During the first quarter of 2016, gold price rose by 17% in US dollars, 20% in British pounds, 11% in Euros and 9% in Japanese Yen. It…
Read More » -
11 April
Jeweller creates ‘world’s first radioactive jewellery’
A 23-year old London jeweller has created what is believed to the world’s first-ever safe-to-wear radioactive jewellery range. Phillip Bannister, a former engineering student from Barking and Dagenham College, has created radioactive jewellery with precious gems that glow in the dark. He uses radiation rods in his creations, allowing precious…
Read More » -
11 April
VIDEO: Illegal gold mining is ‘driving organised crime in Latin America’
Illegally mined gold in South America has overtaken cocaine and is now the “most important” way to earn money for organised crime gangs, according to a new report. The new report, from The Global Initiative Against Transnational Organised Crime, found in Peru and Colombia – the largest cocaine producers in…
Read More » -
8 April
Carat opens refurbished Covent Garden store
Fashion jewellery brand Carat has announced the opening of its recently renovated boutique in Covent Garden, London. The store has been refurbished to reflect the brand’s new shop concept featuring its signature Carrera marble and chrome fittings, alongside a chandelier from Italian designer Gino Sarfatti. The store, which will display…
Read More » -
8 April
Basingstoke jewellers hit by thieves
Police are appealing for information following a “high value” burglary at a jewellers in Basingstoke, Hampshire. Officers were called to Festival Place shopping centre just after 2:30am on Thursday 7 April to reports of a burglary at the recently refurbished Beaverbrooks The Jewellers store. Thieves smashed the doors at the…
Read More » -
7 April
Jeweller speaks of ‘devastation’ following £100,000 raid
A Wiltshire-based jewellery store owner has spoken out after thieves stole almost £100,000 worth of stock during a raid last month. John Watling, co-owner of Watling Goldsmiths in Lacock, told the Wiltshire Times that “petrified” staff locked themselves into a back office on Wednesday, 23 March, when four men armed…
Read More » -
7 April
Record-breaking pink diamond could fetch £27m at auction
The largest fancy vivid pink pear-shaped diamond to ever be offered at auction is expected to go under the hammer for $28m to $38m (£19.9m to £27m). The 15.38-carat ‘Unique Pink’ diamond – unveiled in London today – received the highest possible colour grading for a pink diamond from the…
Read More » -
6 April
Rare blue diamond sells for £22.5m
The world’s largest oval fancy vivid blue diamond to ever go under the hammer has been sold for $31.8m (£22.5m). The De Beers ‘Millennium Jewel 4’ was auctioned at the Sotheby’s Magnificent Jewels and Jadeite Spring Sale on 5 April, selling for the highest price ever paid for a jewel…
Read More » -
6 April
Non-food shop prices continue to fall in March
Non-food prices in the UK continued to fall in march, as overall shop prices reported deflation of 1.7% during the month from the 2% decline in February. The latest British Retail Consortium (BRC) and Nielsen Shop Price Index, found that non-food deflation rose to 2.6% in March from the 3%…
Read More » -
5 April
Polished diamond prices remain stable in March
Prices of polished diamonds remained stable in March, according to the latest RapNet Diamond Index (RAPI) from the Rapaport Group. The company said prices were supported by steady dealer trading even though the outlook for consumer demand remains uncertain. It added, in the first quarter, sentiment improved as polished prices…
Read More »
