Silver Jewelry Demand Optimism on the Rise
Silver – Market participants are increasingly looking for growth in the silver jewelry market.
Silver – Market participants are increasingly looking for growth in the silver jewelry market.
Silver – Reuters reported that Tiffany & CO. forecasts a robust year for sales, buoyed by an uptick in Asian appetite for silver jewellery.
Diamond – Mining Weekly reported that DiamondCorp has legally signed an offtake agreement with Tiffany & Co on Monday for diamond production from the Lace mine in exchange for a $6M term loan from Tiffany.
Silver – Reuters reported that Tiffany & Co lowered its sales and profits forecast for the third straight quarter, partly blaming weak sales of inexpensive silver jewellery.
Diamond – There is a new trend in the diamond investment market... individuals capitalizing on the profits available from colored stones.
Diamond – Tiffany& Co. (NYSE:TIF) announced that two month sales, ending Dec 31, 2010, went up 11%.
Diamond – Ahead of the JCK Jewelry Show in Las Vegas, new US sales and demand numbers look promising. Imports of both rough and polished stones rose, as well as increased sales numbers from Tiffany & Co. Also, a wrap up of news from diamond mining companies, including the deal between Petra Diamonds and De Beers.
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