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Search Results - News, March 2013

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	The report predicts the price of gold has begun its steady decline

Gold to drop to US$1,300

In what could be good news for the jewellery industry; after increasing for 11 consecutive years, the price of gold is set to drop to US$1,300 an ounce, according to a new report.  Read more »
Rough diamonds from De Beers

De Beers selects 5 new sightholders

De Beers Group has announced the addition of five new sightholders, taking the total number globally to 82.  Read more »
The Harry Winston sale to Swatch will go ahead

No stopping $1 billion Swatch-Harry Winston sale

Harry Winston Diamond Corporation has announced that the sale of its luxury brand diamond jewellery and timepiece division to the Swatch Group has been cleared to proceed. Read more »
Tuskc has made it into the 2013 BRW Fast Starters list

Tuskc makes the BRW fast starters list

Australian jewellery brand Tuskc has been selected as one of the 100 companies to appear on the elite 2013 BRW Fast Starters list. Read more »
A selection of opals from The National Opal Collection

World first for Australian opal

In a coup for Australia, its national gemstone, opal, has been named the “feature” gemstone for the first-ever government supported mineral, fossil and gem show in China. Read more »
Renders of the Samsung Smartwatch have been going around since 2009

Samsung fires shot in smartwatch war

South Korean technology giant Samsung has confirmed it is making a smartwatch, with some analysts suggesting it could have a price point below $200. Read more »
Chamilia will close local operations in April 2013

Chamilia shuts up shop in Australia

The US-based jewellery supplier Chamilia has announced that it’s closing its Sydney office, effectively ending its product offering in Australia and New Zealand. Read more »
Nico Rosberg addressing the event's audience

F1 driver promotes Thomas Sabo

Prior to the season-opening Formula Grand Prix race in Melbourne last Sunday, F1 Mercedes driver Nico Rosberg was in town to help promote the Thomas Sabo men’s collection Rebel at Heart. Read more »
The jewellery fair had an upbeat atmosphere

Brisbane jewellery fair buzzes

The JAA Australian Jewellery Fair Brisbane – which closed yesterday – has received an overall positive response from both suppliers and retailers, who remarked on the large range of unique product available.  Read more »
The legal battle between Tiffany and Costco deepens

Leaked email could affect Tiffany case

In yet another twist in the legal battle between Tiffany & Co and Costco, a leaked email has emerged, allegedly from Costco’s CEO, stating that he believed the company was wrong to use the term “Tiffany” to describe rings Costco was selling. Read more »
The retail sector is set to improve later this year

Australian retailing set to improve

A new report points to a positive outlook for the retail sector – including luxury and discretionary goods – later this year, influenced by factors like low interest rates and a strengthening property market.  Read more »
A Christie's employee holds the pear-shaped diamond being offered for auction. Source: AP

Christie’s to auction “perfect” diamond

A new, flawless 102-carat diamond, described as “one of the world’s most perfect diamonds” will be auctioned by Christie’s in May.   Read more »


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