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 price may break historical record soon, expert says

22 june 2009

The price for gold may beat historical record of $1033.99 per ounce set in Spring 2008, according to GoldMoney President James Turk speaking at Gold & Silver Meeting Madrid 2009, RIA Novosti reported.
“By my reckoning, gold price will soon break through psychologically crucial mark of $1000 per ounce, and we should expect collapse of American dollar within the next half year,” – Turk said.
In expert’s opinion, global financial system is well along toward hyperinflation, which may approach at the end of 2009.
“We needn’t create a new global reserve currency – gold and silver are considered to be the best financial assets of the decade and could entirely replace dollar,” – Turk added.
According to the data provided by Turk, for the period of the latest eight years gold and silver quotes have risen to reach valorization to Euro at 10.8% and 8.3% per annum accordingly. This trend is fair in respect of other global currencies and will remain during several years.
Surprisingly, the correlation between gold and oil prices has been relatively stable for the recent 50 years.