Diamond Investing News reports diamond was hit hard after the financial crisis in 2008. This rapid change hit the diamond market hard. In the retail sector, prices dropped drastically, as demand came to a stand still. Companies were forced to sell their products at a loss and many household names went bust. The House of Taylor [...]
Articles Tagged "jewelers"
Gold Investing News reports gold price have dipped to its lowest since September 2007. An adviser to President Mahmoud Ahmadinejad was quoted by Reuters as saying, “With the plans of the presidency…the country’s money reserves were changed into gold, so that we wouldn’t be faced with many problems in the future.” Before oil prices plunged [...]
Gold Investing News reports gold prices have fallen with the stock markets rallying. Gold fell for the second day in Asia, extending a monthly drop that may become the worst in more than 25 years. The reasons being cited – a stronger dollar and decline in crude oil. For complete story, click this link. Follow [...]
Diamond Investing News reports diamond industry looking overseas for market support. The diamond industry is heading to Hong Kong with high hopes that strong Far East demand will sustain high price levels. The industry is concerned that economic hardships in the US will dampen holiday jewellery demand, as Christmas is when jewellers realise the majority of their annual [...]