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...

Today

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

UAE Gold Jewellery Sales Up 17 percent

18 march 2009

Gold jewellery sales in the UAE has increased by 17 percent in 2008 to cross Dh13.7 billion ($3.72 billion) when compared to Dh11.4 billion ($2.9 billion) during the previous year, according to the World Gold Council (WGC). The WGC has confirmed that the regional market remained healthy when compared to global markets.
While jewellery accounts for 90 percent of total consumer demand, net retail investment witnessed strong growth of 38 percent in the last quarter of 2008 compared to the same period of the previous year, said a top council official.
Anan Fakhreddin, WGC managing director, Middle East and Turkey, elaborating on the council's vital role said, 'The impact of marketing and promotional gold jewellery campaigns is more important now than ever.'
'The continuous efforts that the World Gold Council and its partners from the gold trade in several countries in the region are essential in order to maintain a healthy gold market environment in the coming period,' he added.
'It is normal to see a shift from the jewellery sector to the retail investment sector as it proves consumer's high affinity to gold and their recognition of its store of value,' Fakhreddin opined.
By end of 2008 and first quarter of 2009, consumers' excess demand was towards coins and bars in addition to jewellery with relatively low production costs, he added.