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

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

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Gold Prices Likely To Reach $1,300 In 2010 - JP Morgan

14 may 2009

According to a Bloomberg report in Gold News, figures at JP Morgan Chase & Co claim that gold prices could be as high as $1,300 (64,623 INR) per ounce (31.1 grams) in the next twelve months.
It has been observed that the yellow metal has enjoyed a strong performance since the beginning of the credit crunch as people have bought it in their droves in an attempt to find a store of wealth.
However, Jan Loeys, global head of marketing strategy at the firm, has explained that the tide is turning and gold investment looks set to rise for another of its qualities - providing a hedge against inflation.
He says: "Over the next year or so, we think we are going to be crossing $1,000, probably going ultimately to $1,200, $1,300 just for inflation hedging and lack of supply.
"The buying we are seeing now in commodities is really hedging, hedging off the potential risk that we will see a spike in inflation."
Mr. Loeys' views were strongly backed up recently by Warren Buffett, the renowned investor and second-richest man in the world, according to the latest Forbes magazine data.