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

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23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

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16 august 2021

China’s jewellery retail sales growth slower in July

30 august 2021
The latest report from China’s National Bureau of Statistics reveals that the country’s retail sales of gold, silver and jewellery grew at a slower pace in July compared to previous months of strong recovery.
The jewellery sales in July recorded a growth of 14.3 per cent and 52.8 per cent from January to July. By comparison, sales in June increased by 26 per cent while first-half figures were up 60 per cent as per the Government data. The overall retail sales recorded a sluggish 8.5 per cent in July year on year compared to the 12.1 per cent growth in June.
According to the international consulting firm Deloitte, this was the slowest growth in retail sales since December 2020. Retail sales fell on a month-to-month basis. The government acknowledged that restrictions imposed to fight the spread of the virus had undermined consumer mobility and spending.
The company added that COVID-19 will be the most important factor driving China’s recovery going forward.

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