Year: 2016
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Nov- 2016 -10 NovemberEconomy
Gold pieces slump 20.6% in bleak October hallmarking results
The number of gold items hallmarked fell 20.6% to 489,924 articles – from 617,421 in the same month last year – as hallmarking recorded a gloomy month in October. Latest figures released from the four UK assay offices, and compiled by the Birmingham Assay Office, found overall hallmarking during the…
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10 NovemberCurrent Affairs
Rapaport: Trump victory will improve economy
Trump’s election victory coupled with Republican control of Congress will set the stage for improved economic conditions that will support increased demand for diamonds and jewellery, according to the Rapaport Group. In a statement on the US election result, the firm said lower taxes, higher domestic employment and the end of…
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10 NovemberCurrent Affairs
Women ‘effectively working for free until end of 2016′ due to gender pay gap
Women will in effect work for free for the rest of the year because of the gender pay gap, a leading campaign group has said. The Fawcett Society has dubbed today (10 November) as Equal Pay Day (EPD) and claimed that the 13.9% pay gap means women are effectively working…
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10 NovemberCrime
CCTV images released following Suffolk jewellers theft
Police have released CCTV images of two people wanted in connection with a raid at a jewellers in Southwold, Suffolk, in September. Officers were called on Friday 30 September to reports of a theft at The Amber Shop in the town’s Market Place, with the thieves believed to have stolen…
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9 NovemberAuctions
‘Extremely rare’ Kashmir sapphire to headline Bonhams’ auction
A collection of diamonds and gemstones – including a 14-carat Kashmir sapphire – will headline the final Bonhams London Fine Jewellery sale of the year on Sunday 4 December. The “extremely rare” Kashmir sapphire single-stone ring, weighing 14.3-carats, is cushion-shaped with no indications of heating and has been estimated to…
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9 NovemberCurrent Affairs
Trump win sparks ‘record sales’ as UK investors flock to gold bullion
UK investors are purchasing gold bullion in “record levels” following the news that Donald Trump has been named President of the United States. BullionByPost, the UK’s leading online bullion dealer, said it has already sold £1m in gold bullion today with sales forecast to increase tenfold to £10m by the…
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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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