GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

China’s gold price approaches the $1800 level

23 april 2021
After profit-taking helped bring down the price of gold to the level of $1763, and amid pressures on the dollar, the price of gold bounced higher on April 21 to the $1788 resistance. At the beginning of this week's trading, the price of gold jumped to the resistance level of $1791.
About the performance of the gold price, Adam Cause, President of Libertas Wealth Management Group, said that gold prices have risen since hitting a double bottom on March 30th, referring to the chart pattern that indicates a possible upward reversal in prices.
The analyst attributed the rise in gold since late March to the decline of the US dollar during the same period, as well as the decline in interest rates, which have become a very overbought area, and the long-term US stock market, which is due to a decline.
Regarding the price of gold, analysts say: “The gold trade was not overly focused on physical demand, as the market instead alternated between interest rates, currency and deflationary issues. In the near term, gold is likely to be vulnerable to the threat of Indian demand and higher interest rates in the United States, but it benefits from the weakening of the dollar and, perhaps to a lesser extent, deflationary psychology.” 
Gold is often seen as a hedge against inflation.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished