Cryptocurrencies, no substitute for gold!

In their  investment update for January 2018, World Gold Council says, ‘Cryptocurrencies are no substitute for gold!’. Bitcoin’s parabolic price rise was the big story of 2017 – putting the spotlight on the cryptocurrency market. While gold’s performance was a solid 13%, it was a fraction of the 13-fold increase of bitcoin by the end of the year. Some commentators went as far as to claim cryptocurrencies could replace gold.

Silver Artefacts for V’day

SR Artefacts, the house of bespoke and luxurious silverware, is known for their intricate designs and unique patterns. Their artefacts are handmade by some of the most talented silversmiths in the country, whose skill sets are rare. A brand revered by connoisseurs of fine goods for their collection of limited edition silverware, brings to you their silver collection that make for lovely gifts.

Senator Excellence Perpetual Calendar!

Perpetual calendar is always considered as one of the most glamorous complications in the art of watchmaking, which manifests the traditional craftsmanship, the expertise as well as the passion of the watchmaker. Glashütte Original crowns the refined complication a contemporary appearance with the Senator Excellence Perpetual Calendar, while the Maison maintains the new benchmark set by the Calibre 36 and raises it to the highest level of watchmaking achievement, which leads the model to become a remarkable highlight in the new generation of timekeepers.  

WGC report, gold –a strategic asset!

Recently world Gold Council (WGC) has revealed the report on gold, The relevance of gold as a strategic asset!

The report says, gold is a highly liquid yet scarce asset, and it is no one’s liability. It is bought as a luxury good as much as an investment.

As such, gold can play four fundamental roles in a portfolio, 1: a source of long-term returns, 2: a diversifier that can mitigate losses in times of market stress, 3: a liquid asset with no credit risk that has outperformed fiat currencies & 4: a means to enhance overall portfolio performance. WGC said: “Our analysis shows that adding 2%, 5% or 10% in gold over the past decade to the average pension fund portfolio would have both increased returns and reduced volatility, resulting in higher risk-adjusted returns.”

Chinese New Year coins! Perfect Chinese New Year gift!

Chinese New Year is an important celebration and a time for giving, falling on the 16th of February this year. A perfect New Year gift, this vividly coloured coin combines two traditional symbols of good fortune in one image - a red dragon in the shape of a Chinese knot.

Celebrities with platinum jewelry

An extensive amount of notable actors and actresses sparkled in platinum jewelry at tonight’s “24th Annual Screen Actors Guild Awards.” Celebrity wardrobe stylist Nicole Chavez who styled first-ever host Kristen Bell for this momentous occasion in 4 outfit and jewelry looks for the show, noted “Platinum was my first choice for dressing Kristen for this awards show because it’s a naturally white metal that doesn’t cast any color into diamonds or gemstones, so she will sparkle all night long!”

Catoca to produce 8mn cts in FY2018

Catoca's performance indicators for the year 2017 are estimated to produce an estimated eight million carats of diamonds, with costs below those achieved in 2016 when seven million and two hundred thousand carats were sold, said the director general.

Serguei Amelin said that the "good net profit" of USD 138 million (to an expectation around 155 million) meets the expectation and has not only increased due to the increase of the partner programs and the salary charges that were higher than originally planned.

Amelin highlighted in the social field investments in the construction of a school and medical post in the town of Sweja, about 25 kilometres from the city of Saurimo. The list of charges includes the construction of a social housing area for the adequate resettlement of people based in the town of Luaxe, in a project estimated at USD 5 million, of which three million have already been invested as a result of the phased implementation of actions for exploitation of diamonds in the locality that holds one of the largest kimberlites in the world.

According to the director general, the works that precede the beginning of the intended exploration end in March 2018. As far as the removal of the barren from the deposit, until March 2018, it is expected to reach a depth of 70 meters in a project that started about of seven months and which aims to promote the start up of exploitation of the ore.

CIBJO held Green and Blue seminar

Precious objects sourced from the sea could be beacons of sustainability,

'Green and Blue' seminar attendees discover in Vicenza

In a planet threatened by uncontrolled climate change, the jewellery industry could come to be recognized as a beacon of sustainability and positive environmentalism. This was the message emanating from a seminar co-organized by CIBJO and the Italian Exhibition Group (IEG), which took place at the VicenzaOro January show in Vicenza, Italy.

EcoStar Diamond boosts Collection

Thousands of Lab-Grown added!

EcoStar Diamond, one of the fastest growing companies selling man made diamonds online, introduces The Elite Collection of Pure Carbon, Colorless, Lab-Created Diamonds to their extensive collection of Lab-grown diamonds, and diamond infused simulants. All diamonds in the Elite Collection are DEF in color and a minimum of VS or better in clarity.

Saurabh Gadgil IBJA National VP!

The Indian Bullion and Jewellers Association (IBJA) board meeting held on 23rd January, 2018;  Mr. Saurabh Gadgil has now been appointed as the National Vice President for IBJA. Saurabh Vidyadhar Gadgil is also the  Chairman & Managing Director of P.N.Gadgil Jewellers.