Showing posts with label gold. Show all posts
Showing posts with label gold. Show all posts

Thursday, February 16, 2012

High Gold Prices Deter Jewelry Demand

 
Global jewelry demand for gold declined 15 percent, year-over-year, to 476.5 tons in the fourth quarter of 2011, the World Gold Council reports. In value terms, demand was 5 percent higher at $25.9 billion, a quarterly record. 

For 2011, demand fell 3 percent, year-over-year to 1,962.9 tons, as the price of gold rose by 28 percent for the period. In value terms, demand grew by 25 percent to a

High Gold Prices Deter Jewelry Demand

 
Global jewelry demand for gold declined 15 percent, year-over-year, to 476.5 tons in the fourth quarter of 2011, the World Gold Council reports. In value terms, demand was 5 percent higher at $25.9 billion, a quarterly record. 

For 2011, demand fell 3 percent, year-over-year to 1,962.9 tons, as the price of gold rose by 28 percent for the period. In value terms, demand grew by 25 percent to a

Monday, January 16, 2012

Gold Bars Designed by Jean-Paul Gaultier


As if it hasn't been exciting enough in the gold gold investment world the past few years, French couturier Jean-Paul Gaultier is upping the ante with designer gold bars.

The fashion icon known for his haute couture and fragrances has put his very own design on a limited number of one-ounce gold bars. Dillon Gage Metals, a precious metals dealer, is the U.S. distributor for the designer bars.

Gold Bars Designed by Jean-Paul Gaultier


As if it hasn't been exciting enough in the gold gold investment world the past few years, French couturier Jean-Paul Gaultier is upping the ante with designer gold bars.

The fashion icon known for his haute couture and fragrances has put his very own design on a limited number of one-ounce gold bars. Dillon Gage Metals, a precious metals dealer, is the U.S. distributor for the designer bars.

Thursday, October 27, 2011

ATM Dispenses Diamond Jewelry, Gold and Silver



Bollywood star Raima Sen unveils Luxury ATM in Mumbai.

Why accept money from an ATM when you can get diamond jewelry, gold or silver?

A company in India has built what it says is the world’s first machine that dispenses gold, silver, diamond jewelry and religious jewelry.

The Gitanjali Group, the machine’s creator, is calling it an ATM, but I think a vending machine would also be an apt

ATM Dispenses Diamond Jewelry, Gold and Silver



Bollywood star Raima Sen unveils Luxury ATM in Mumbai.

Why accept money from an ATM when you can get diamond jewelry, gold or silver?

A company in India has built what it says is the world’s first machine that dispenses gold, silver, diamond jewelry and religious jewelry.

The Gitanjali Group, the machine’s creator, is calling it an ATM, but I think a vending machine would also be an apt

Thursday, August 18, 2011

U.S. Gold Jewelry Demand Down 8%; Global Jewelry Demand Up 6%; India Accounts for 32% of Demand


Gold jewelry demand in the U.S. fell 8 percent, year-over-year, to 21.7 metric tons for the second quarter of 2011, the World Gold Council said Thursday. However, in value terms, demand strengthened by 15 percent to $1.1 billion, which mostly reflects a 26 percent increase in the price of gold during the period.

“The combination of high unemployment, frail economic growth and stubborn inflation

U.S. Gold Jewelry Demand Down 8%; Global Jewelry Demand Up 6%; India Accounts for 32% of Demand


Gold jewelry demand in the U.S. fell 8 percent, year-over-year, to 21.7 metric tons for the second quarter of 2011, the World Gold Council said Thursday. However, in value terms, demand strengthened by 15 percent to $1.1 billion, which mostly reflects a 26 percent increase in the price of gold during the period.

“The combination of high unemployment, frail economic growth and stubborn inflation

Tuesday, June 7, 2011

Richline Group Acquires Three Italian Brands


The Richline Group jewelry company has bought three privately held Italian jewelry brands for undisclosed amounts, Reuters reports.

Richline, headquartered in Mount Vernon, N.Y., and Tamarac, Fla., bought the rights to children’s jewelry maker Erz, earrings and bracelets maker Farinex and 7AR, a part of the Rosato jewelry group, based in Arezzo and Milan, Italy, according to the report.

“This

Richline Group Acquires Three Italian Brands


The Richline Group jewelry company has bought three privately held Italian jewelry brands for undisclosed amounts, Reuters reports.

Richline, headquartered in Mount Vernon, N.Y., and Tamarac, Fla., bought the rights to children’s jewelry maker Erz, earrings and bracelets maker Farinex and 7AR, a part of the Rosato jewelry group, based in Arezzo and Milan, Italy, according to the report.

“This

Monday, March 14, 2011

Conference to Examine Substance, Significance and Symbol of Gold



Mary Lee Hu, Choker, 1991, 18 Karat and 22 Karat Gold. Photo courtesy: Facèré Jewelry Art Gallery, Seattle.

An upcoming conference will take an all-embracing look at gold will be April 8 and 9 at the Graduate Center City University of New York. The conference, Gold Substance, Significance, and Symbol, will consider the precious metal it in all its physical manifestations—from mineral, to ingot

Conference to Examine Substance, Significance and Symbol of Gold



Mary Lee Hu, Choker, 1991, 18 Karat and 22 Karat Gold. Photo courtesy: Facèré Jewelry Art Gallery, Seattle.

An upcoming conference will take an all-embracing look at gold will be April 8 and 9 at the Graduate Center City University of New York. The conference, Gold Substance, Significance, and Symbol, will consider the precious metal it in all its physical manifestations—from mineral, to ingot

Thursday, January 27, 2011

Gold Jewelry Demand Up 18%, Total Demand Up 29%


The gold price rose for the tenth consecutive year in 2010 reaching $1,405.50 an ounce by the end of December on the London PM fix, a 29 percent increase from last year’s levels, the World Gold Council reports. Last year’s price performance was driven by developments in key gold markets, WGC said in its Gold Investment Digest for the fourth quarter and full-year 2010. China saw increased

Gold Jewelry Demand Up 18%, Total Demand Up 29%


The gold price rose for the tenth consecutive year in 2010 reaching $1,405.50 an ounce by the end of December on the London PM fix, a 29 percent increase from last year’s levels, the World Gold Council reports. Last year’s price performance was driven by developments in key gold markets, WGC said in its Gold Investment Digest for the fourth quarter and full-year 2010. China saw increased