News
-
Apr- 2015 -15 April
LDB to offer support to those affected by Hatton Garden Raid
The London Diamond Bourse (LDB) has today announced it will act as centralised point of contact for members of the trade affected by the recent robbery in Hatton Garden. The LDB said that it is concerned that there is no “coordinated effort” to manage the situation outside the consumer press…
Read More » -
14 April
18ct gold grows 12% in Q1 hallmarking figures
The total number of articles hallmarked fell across all categories except platinum in March, according to figures compiled from all four UK assay offices, however 18ct gold stole a march for the Q1 period, taking up some of the slack. After a strong February – hallmarking figures were 7.9% up…
Read More » -
14 April
UK inflation rate remains at zero
The UK’s inflation rate remained at zero in March, according to new figures released today by the Office for National Statistics (ONS). Measured by the Consumer Prices Index (CPI), this represents the lowest rate of inflation since records began in 1989 as a fall in clothing prices and a rise…
Read More » -
14 April
Early Easter drives retail sales up in March
Like-for-Like retail sales in the UK increased by 3.2% from March last year, driven by an early Easter weekend. This is according to the BRC-KPMG Retail Sales Monitor which found on a total basis sales were up 4.7%, against a 0.3% fall in March. Adjusted for the BRC-Nielsen Shop Price…
Read More » -
14 April
Rapaport Melee Diamond Index down as polished sales continue decline
Rapaport sold over 135,000cts of polished diamonds for $28.9m (£19.7m) in Q1, as its Melee Diamond index for small diamonds decreased by 4% to 124.50. This is according to Rapaport’s Melee Index (RMI), which was down 9.5% year-on-year from 137.60 in March 2014 Rapaport said polished diamond prices continued to…
Read More » -
13 April
CCTV of Hatton Garden raid released
CCTV images have been released showing a gang of robbers who executed the Hatton Garden burglary over the Easter weekend, stealing millions of pounds worth of jewellery. The images show three men using a side door situated in Greville Street, and then making their way to and from the Hatton…
Read More » -
13 April
Platinum jewellery market set for 2015 growth
Demand for platinum jewellery is set to grow by 2.3% in 2015, driven by the “explosive” growth in the Indian and US markets. This is according to the Platinum Guild International’s (PGI) second annual Retail Barometer which surveyed over 400 jewellery retail companies with some 40,000 retail outlets in the…
Read More » -
10 April
London Diamond Bourse ‘greatly concerned’ by Hatton Garden robbery
The London Diamond Bourse (LDB) has said it is “greatly concerned” by the Hatton Garden jewellery raid which took place over the Easter weekend. In the statement Victoria McKay, chief operating officer at LDB expressed particular concern about the “incorrect information” being reported in the media. LDB said that it…
Read More » -
10 April
Bonhams proclaims 2015 as ‘year of the coloured gemstones’
Coloured gemstones, such as rubies, sapphires and emeralds are this year’s must-have gems, according to Bonhams. The auction house said that this demand was thanks to their being sported by A-list celebrities such as the Duchess of Cambridge, Beyonce, Naomi Watts, Rosamund Pike and Mila Kunis. Jean Ghika, head of…
Read More » -
9 April
NAG and BJA respond to Hatton Garden raid
Michael Rawlinson, chief executive officer of the National Association of Goldsmiths (NAG) has released a response following the recent raid in Hatton Garden. The response, which was released on behalf of NAG and the British Jewellers Association (BJA), follows the recent robbery in Hatton Garden where raiders took, according to…
Read More »
