GFMS: Outlook positive for platinum, palladium
London—The future looks bright for platinum and palladium, according to the annual Platinum and Palladium Survey published by precious-metal consulting firm GFMS on Wednesday.
Report: Gold-jewelry production dropped in 2006
London—Gold-jewelry production dropped more than 400 tons in 2006 as a result of higher and more volatile prices, according to precious-metals consulting firm GFMS Limited.
WGC: 1Q gold-jewelry demand soars
London—Demand for gold jewelry in the first quarter of 2007 increased 17 percent in tonnage terms and 38 percent in dollar terms, compared with the same period in 2006, a new study finds.
Global gold-jewelry demand breaks records in 2Q
London—Dollar demand for gold in the jewelry, retail investment and industrial sectors reached new financial heights in the second quarter of 2007, according to research by precious-metals...
Report: Silver jewelry production on rise
Washington—The United States joins Germany, India, Italy and Mexico as the top silver jewelry-consuming countries in 2005, fueling an increase in production over the last decade, according to...
Gold jewelry demand declines 21 percent in 1Q
New York—Gold jewelry demand declined 21 percent in the first quarter of 2008 as compared to the same period in 2007, marking the lowest quarterly level on record since 1993, according to the...
Wobbly market drives record Q3 gold demand
London--As Lehman Brothers collapsed and bank fears grew in recent months, investors worldwide seeking safe havens turned to gold, with dollar demand for the metal reaching all-time records in the...
Gold demand rises in 3Q despite high prices
New York—The ongoing financial crisis directly impacted the global gold market in the third quarter of 2007, with investors rather than jewelry buyers pushing total demand to a new record of...
Conference highlights need for generic jewelry ads
Dubai, United Arab Emirates—The president of the World Jewellery Confederation (CIBJO) is calling on the industry to band together and create a generic advertising campaign for fine jewelry.
Weak dollar, investors to push gold prices higher
New York—Two industry experts predicted gold prices would push past $1,100 an ounce in the coming year, fueled by a weak U.S. dollar and growing inflation fears.
U.S. gold jewelry demand decreases in 2007
London—A 4 percent increase in gold demand coupled with a price that raced toward the long-held $850 per ounce record, created a record-breaking $79 billion demand for gold in 2007, the World...