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

Investment Demand to Push Gold Higher

13 september 2012

Thomson Reuters GFMS anticipates that investment demand and monetary stimulus would push gold prices higher  for the next three quarters, Rapaport reports. In an update to its Gold Survey report from April, Thomson Reuters GFMS expects gold to challenge the $1,800 per ounce mark before the end of 2012 and trade at or above $2,000 per ounce within  the first six months of 2013 before entering a decline.
GFMS predicts that gold investment demand will rise 3.1 percent for the second half of 2012. However, gold demand from jewelry makers fell 13 percent year on year during the first six months of 2012, primarily due to weak demand out of India, and the group expects a 4.4 percent decline for the second half.
GFMS analyst Philip Klapwijk said that gold prices were on ''pretty safe ground'' as prices remain firm. But he cautioned too that gold was in for a bumpy ride, especially if concerns from the eurozone intensify or if the U.S. Federal Reserve backs down from a hint it would take more quantitative measures.
However, the metal is trading nearly 10 percent below the level from one year ago.