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Showing posts from November, 2020

Contemporary jewellery can be a good investment

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  The attraction of contemporary jewellery requires no explanation for those who collect it, whether it comes in the form of   earrings , brooches, bracelets or   necklaces . It can be made from precious materials, such as gold or silver, but is often fashioned from far more rudimentary materials, such as aluminium, steel or even cardboard. Cities with renowned art schools, including Munich and Amsterdam, have pioneered this type of jewellery since the early 1960s. However, Melbourne is also recognised as an industry leader, largely due to its teaching institutions, such as RMIT and Monash University, which boast world-class gold and silversmithing courses. Susan Cohn has been an important name in contemporary jewellery since she graduated from RMIT in 1980 and established her own Melbourne business, Workshop 3000, with jeweller Marian Hosking and technician Harry Rowlands. Her doughnut bracelets – made from aluminium in a number of colours and designs in the early 1980s – were purchas

Responsible Sourcing Essential for Ensuring Purity of Gold

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  India is the second largest consumer of Gold with the demand for yellow metal crossing over 690 tonnes in 2019, according to a recent report by IBEF. Over the years, gold has continued to be the safety net and investment instrument of choice for Indian families. Considering its significance in festivities and auspicious occasions, purity of gold becomes a critical aspect of buying gold.       With a span that thousands of years, the tale of jewellery in India is long and encrusted with fascinating myths, legends, cultural influences and artistic expressions of the time. Be it the beaded necklaces of the Indus Valley civilization or the temple gold of South India, the astrological link of  gemstones  and destinies or the fame of diamonds mined from Golconda, the history of jewellery in our nation is in many ways the history of the country itself. Over the years, while  jewellery  came to signify power and prosperity to the ruling classes, for thousands of commoners, it became an integ

Gems, jewellery industry”s suggestions related to duties under FinMin”s consideration: Goyal

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  The suggestions of gems and jewellery industry related to duties and taxes are under consideration of the Finance Ministry, Commerce and Industry Minister Piyush Goyal said on Thursday. Gems and Jewellery Export Promotion Council Chairman Colin Shah has suggested cutting import duty on gold to 4.5 per cent from 12.5 per cent, and on diamond to 2.5 per cent from 7.5 per cent. Speaking at CII”s  Gems and jewellery  Conference, Shah said that the duty structure is “very high” in the country. “Your suggestions on right-sizing the duty is under consideration of the Ministry of Finance,” Goyal said. The minister also said that some “aberrations” have happened in the industry which unfortunately have impacted its credibility, particularly when it comes to financing. He suggested that the industry can play an important role in creating a situation in which lenders get confidence in the sector and participants. He added that most of the cases that have caused agony to the industry are well kn

Emerald Jewellery Unveils AI Enabled Mobile Application Platform for Jewellery B2B Business in Collaboration with IBM

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  IBM (NYSE: IBM) and Emerald Jewel Industry India Limited (Emerald Jewellery), one of  India’s largest jewellery manufacturers, today unveiled the “Tej” mobile app, a first-of-its-kind Artificial Intelligence (AI) enabled mobile application platform powering the B2B business of Emerald Jewellery in India. The app connects Emerald Jewellery with its ~200 dealers, enabling them to search through a growing catalogue of over 500,000 jewellery designs quickly and navigate the complex ordering process easily.  As a part of the multi-year engagement, Emerald Jewellery selected IBM iX, the business design arm of IBM Services, to design, build and deploy Tej, which runs on iOS and Android operating systems. Utilizing the IBM Garage Methodology and IBM Research Labs India, a team of IBM technology and mobile design experts developed the Visual Browse and Visual Search APIs which is hosted on IBM Public Cloud and secured with the IBM Security MaaS360 with Watson Unified Endpoint Management (UEM)

Jewelry Trends We Are Expecting For Fall 2020 To 2021

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  The trends on the ramp, red carpet and in the production studios we have seen for the past couple of years continue to grow. There seem to be a few new trends, and for the most part, the much more common designs such as hoop earrings,   charm bracelets , link chains and pendants that have all been at the comeback mode are returning on the ready-to-wear runways of fall/winter 2020-2021 and rule the   jewelry   studios. From the days of everybody else obsessing about Pandora pieces, or wearing either pearl studs or hoops, the fine jewelry world has come a very long way. We now have different shades of jewel stone, paved settings, curvy bronze details, petite inspiring brooches, exquisite rose gold and designs led by artists. Here are a few trends we are expecting for fall 2020 to 2021 all the way: Chains on chains Chains have become a popular trend in fall jewelry, and the jewelry patterns in fall/winter 2020 are no exception! The chains seemed much more apt this time to go for a seaso

Fantastic beasts: the eternal allure of animal jewellery

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  Animal stories have provided a rare point of delight in the news cycles this year. We have been comforted at home by family corgis, cats and Labradors, but it has been wild animals that have truly captivated as they have taken over more typically human territories. Venetians found shoals of silvery fish chasing through canals, kangaroos bounced into abandoned shopping malls in   Australia   and one brave lobster even made it up the driveway of Kim Kardashian West’s Calabasas home. Van Cleef & Arpels yellow- and white-gold, diamond, yellow-sapphire, spessartite-garnet, onyx and letterwood L’Arche de Noé Biche et Cerf clip, POA Van Cleef & Arpels yellow- and white-gold, diamond, yellow-sapphire, spessartite-garnet, onyx and letterwood L’Arche de Noé Biche et Cerf clip, POA Van Cleef & Arpels yellow- and white-gold, diamond, yellow-sapphire, spessartite-garnet, onyx and letterwood L’Arche de Noé Biche et Cerf clip, POA Kardashian West hasn’t divulged whether the crustacean t

‘Thailand targets youth for silver jewellery sales’

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  Thailand is making a strong bid to export its silver jewellery to India to woo millennials, taking advantage of gold prices that had shot up recently, making the yellow metal unaffordable for many people. According to trade members, Youth tended to prefer affordable  fashion jewellery  made of sterling silver, whose properties include brightness, unlike pure silver. Towards this, Thailand’s Ministry of Commerce, Department of International Trade Promotion (DITP) on Saturday conducted the “Silverline Trade from Bangkok to Bombay Roadshow”. The show targeted members of the Indian gem and jewellery sector, to urge them to visit a forthcoming trade show in Bangkok and place orders to help meet demand in India. Supatra Sawaengsri, consul (Commercial) and director, Thai Trade Centre, Mumbai, said Thai silver  jewellery  had special significance for India and Thailand can meet the growing demand from the Indian subcontinent. “The millennials like silver jewellery and Thailand is the right p

How to invest in gold with little money?

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  A Gold has always been a crowd-puller. Many families purchase physical gold either in the form of gold coins or  jewellery . However, with the current prices of the yellow metal ( worth of Rs 50,000 for 10g), coupled with the financial difficulties and liquidity issues several people had to face owing to the pandemic, how does one purchase gold this time? Turns out, you don’t have to wait to accumulate a large amount of money to buy  gold . Today, digital gold, gold ETFs, gold mutual funds, SGBs and other avenues of gold investment are highly accessible to people, even to those lacking any experience in the field of investments. Thus, when the immense prices of gold create difficulties in physical ownership, you can choose to acquire the metal digitally for you and your loved ones against minimal costs this festive season. Here’s how: Different Ways to Invest in Gold against Minimal Expenses Digital gold Digital gold is a convenient and cost-effective way of purchasing gold online in

Engagements Driving Diamond Jewellery Demand This Holiday Season

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  US jewellers report that more couples than ever are buying diamond   engagement rings , with bridal sales being their primary source of diamond jewellery demand in recent months. The findings were published today in De Beers Group’s latest Diamond Insight ‘Flash’ Report, which looks at the impact of the pandemic on relationships and engagements. Interviews with independent jewellers around the country revealed that the rate of couples getting engaged has increased compared with the period when Covid-19 first had an impact in the US in the spring. In addition, despite challenging economic times, consumers were spending more than ever on  diamond  engagement rings – often upgrading in colour, cut and clarity, rather than size. Several  jewellers  speculated that with consumers spending less on elaborate weddings and/or honeymoons in the current environment, they had more to spend on choosing the perfect ring. Interviewed for the report, Dr Terry Real, relationship therapist and author