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

Jewelry Store Sales, Inflation Rise in Tandem

20 february 2012

Just last week the U.S. government released jewelry store sales for the month of December 2011, in which data revealed an 8 percent year on year increase to $5.717 billion. But unfortunately, the jewelry consumer price index (CPI) was also up 8 percent, Rapaport reports. December's jewelry store sales followed a very poor performance in November when sales were flat.   U.S. jewelry stores sales for the full year 2011 rose 10 percent year on year to $29.56 billion, according to the government, while the CPI also rose 10 percent due primarily to high prices of gold, silver and diamonds.
Jewelry sales increases were stronger than the rate of inflation for the months of April, May, June, August and September, but lower for January, February, October and November.  Furthermore, as diamond import and export statistics showed for the year, polished diamond imports jumped 20 percent to $22 billion, but polished exports surged 29 percent to $18 billion, leaving only $3.9 billion of polished diamonds to circulate and that figure represented a 9 percent decrease from 2010.