News
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Oct- 2014 -7 October
Precious metal prices fall to lowest in 15 months
The gold price fell to its lowest level for 15 months on October 6 after improved US employment figures boosted the dollar, according to Reuters. The price of gold, which influences the price of other precious metals, hit its lowest level since June 2013, at $1,183 (£735) an ounce. Platinum…
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7 October
Masters of Modern Jewellery set to return to Beetles+Huxley
A famous 1961 exhibition is set to be revived this month as Masters of Modern Jewellery returns to the Beetles+Huxley gallery for its second year. The show, which is curated by Joanna Hardy, has been inspired by the 1961 exhibition, The International Exhibition of Modern Jewellery, which celebrated a new…
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7 October
Jewellery and watch market to grow by 1.8%, says Mintel
Research company Mintel has estimated that the watch and jewellery market will grow by 1.8% by the end of 2014. According to its ‘Watches and Jewellery Retailing – September 2014’ report, this year’s growth has been driven by rising consumer confidence and the expansion of the watches sector. Gold is…
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6 October
National Pawnbrokers Association launches national advertising campaign
The National Pawnbrokers Association (NPA) has launched its first national advertising campaign in a bid to raise awareness of pawnbroking. The campaign, which will run until January, will appear on major newspaper websites including the Daily Mail, and in national newspaper magazine supplements, including Stella and The Sunday Times Magazine.…
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6 October
Record 900 million orders for e-tailers, says IMRG
UK retailers are on course to dispatch a record 900 million orders or 930 million parcels in 2014, with 120 million projected for December alone. This is according to the latest August IMRG MetaPack Delivery Index which has predicted a record year for e-tailers. As predicted, online retail sales fell…
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3 October
Lolo & Galago in talks to trial precious metal 3D printer
Fine jewellery brand Lolo and Galago is currently in early stage talks about working with a Swiss company which can 3D print jewellery using gold instead of wax or resin. The brand is discussing the possibility of a direct-from-print collection, with pieces finished using traditional methods. The process would mean…
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2 October
Theo Fennell boutique to showcase winning RCA students’ designs
The winning students of Theo Fennell’s Jewellery Awards 2014 will be showcased in the flagship London store from October 20 to October 24. The awards, which took place at the Royal College of Arts for students graduating in goldsmithing, silversmithing, metalwork and jewellery, saw a panel of respected judges made…
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2 October
Gem Diamonds’ 198ct white diamond sold for £6.6m
Gem Diamonds, owner of the Letšeng mine in Lesotho, has announced the sale of its 198ct white diamond for $10.6m (£6.6m). The recovery of the Type II, D colour diamond was announced on 5 August, and was sold at the company’s Letšeng tender in September. Clifford Elphick, CEO of Gem…
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1 October
Increased protection for jewellers as IP Act becomes law
Increased protection will be given to jewellers and designers after a landmark ruling has seen the Intellectual Property Act (IP Act) become law. The IP Act means that intentional infringement of a registered design is now a crime. The changes set out in the IP Act have been introduced to…
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Sep- 2014 -30 September
‘Downton Abbey effect’ boosts interest in art deco jewellery
Art deco jewellery has seen increased interest due to the influence of period films and TV shows like Downton Abbey, according to Bonhams. The auction house said the stars of the show have become vintage style icons with customers trying to emulate the style of the characters. Bonham’s, which claims…
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