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CPM Group study projects rising silver prices
New York—The CPM Group has released the 2008 update to its Silver Long-term Outlook market study, which forecasts higher silver prices over the next decade due to increased supply coupled with...
September 26, 2008 | National Jeweler Network
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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...
February 13, 2008 | National Jeweler Network
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Gold, platinum prices continue surge
London—Platinum hit a record high of $1,409 per ounce in London today, as gold prices hovered near a 28-year peak, Reuters reported.
October 12, 2007 | National Jeweler Network
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Survey: U.S. consumers reduce spending to combat gas prices
Schaumburg, Ill.—Nearly half (49 percent) of U.S. consumers are reducing their spending to compensate for rising gas prices, up four points from June 2007, according to new research from The...
January 15, 2008 | National Jeweler Network
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Study: Gas prices disrupt U.S. consumer spending
Schaumburg, Ill.—Dramatic fluctuations in gas prices are disrupting U.S. consumer spending, leaving shoppers with less money to spend at retail and on entertainment and dining out, according to...
April 17, 2008 | National Jeweler Network
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Gold tops $900 an ounce
New York—High oil prices, a weak dollar and fears of a U.S. recession continue to push the price of gold skyward.
January 15, 2008 | National Jeweler Network
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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.
March 04, 2008 | National Jeweler Network
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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...
November 14, 2007 | National Jeweler Network
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Jewelry scrapped as gold prices skyrocket
High gold prices make it more profitable for Michigan-based Wepman Brokers to sell certain pieces of jewelry for scraps rather than clean and resell them, mLive.com reported. Owner Tonja Wepman...
March 14, 2008 | National Jeweler Network
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Report: Consumer spending falls in September
New York—Driven by falling home prices, the Deloitte Research Leading Index of Consumer Spending decreased in September.
October 15, 2007 | National Jeweler Network
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Gold prices dominate spring buying plans
New York—Retailers strolling the aisles at the JA New York Winter Show presented a mixed picture of expectations for 2008, a year overshadowed by the threat of recession and increasing gold...
April 22, 2008 | National Jeweler Network
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Study: Pressure at pump curbs spending
Schaumburg, Ill.—Nearly two-thirds of U.S. consumers (63 percent) are reducing their spending due to rising gas prices, up 18 points since June 2007 and up 14 points in the last six months...
July 18, 2008 | National Jeweler Network
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JBT phone lines down
Warwick, R.I.—Due to inclement weather last weekend, the Jewelers Board of Trade (JBT) is unable to receive phone calls to its main number, (401) 467-0055, and is offering an alternate line,...
September 30, 2008 | National Jeweler Network
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Star Ring presents new metal, Platina 4
Chatsworth, Calif.—Fine-jewelry supplier Star Ring will be setting up shop at the JCK Show in Las Vegas with jewelry designs in its new patented metal, Platina 4, a blend of four precious...
April 10, 2008 | National Jeweler Network
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U.S. chain-store sales up 3.6 percent
New York—High fuel prices and severe storms across the nation this winter caused a modest same-store sales increase of 3.6 percent between Black Friday and Dec. 24 for U.S. retailers compared...
January 02, 2008 | National Jeweler Network
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Survey: Consumers making fewer store runs
Schaumburg, Ill.—High gas prices and other economic pressures mean consumers today are more likely to combine shopping trips, according to The Nielsen Co.
March 20, 2008 | National Jeweler Network
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Palladium finds niche amid record-high metal prices
Billings, Mont.—As precious metal prices continue to break records, and consumers cut down on luxury spending, designers and manufacturers are moving toward lower-cost options such as...
March 20, 2008 | National Jeweler Network
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Mass-market consumers may not trade up in 2008
As the economy sputters and mall retailers continue to lose market share to other distribution channels, industry experts expect to see a range of factors impacting the high-volume jewelry sector this...
January 06, 2008 | National Jeweler Network
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EXCLUSIVE: Jewelers see uptick in sales since Black Friday
New York—Sales were more robust over this second weekend of the holiday season when compared with the same time last year, with diamonds the clear jewelry-gift frontrunner, reported several...
December 03, 2007 | National Jeweler Network
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Analysis: How will the economy impact jewelry?
I've been trying to get a handle on the economy. Once I finally got hold of it, I tried to forecast the short-term direction of the jewelry industry. Quite a task.
April 28, 2008 | National Jeweler Network
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