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Gold Jewelry Demand Falls as Price Jumps
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Global demand for gold jewelry dropped 9 percent to $17.98billion in the second quarter, according to the World Gold Council (WGC). Byvolume, demand slumped 14 percent to 444.1 tonnes. Demand in the first halfsank to $36.3 billion, its...
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Financial-Legal
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Aug 14, 2016
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Rapaport News
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World Gold Jewelry Demand Falls Sharply in 2Q
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Global demand for gold jewelry sank 20 percent year on year to $19.7 billion during the three months ending June 30, according to the World Gold Council (WGC). A 7 percent decline in the average gold price...
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Retail
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Aug 16, 2015
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Rapaport News
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Gold Jewelry Demand -19% to $88B in 2014
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The World Gold Council reported that gold jewelry demand by weight rose 1 percent year on year to 566.9 tonnes in the fourth quarter of 2014, while the value of gold jewelry demand slipped 5 percent to $22.2 billion....
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Research
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Feb 12, 2015
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Jeff Miller
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Forevermark Reports Strong Growth in 2013
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Press Release: Forevermark, the diamond brand from the De Beers group of companies, today announced a strong year of growth, driven predominantly by continued consumer demand in core markets, China, U.S., India and Japan. Stephen Lussier,...
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Marketing
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Feb 28, 2014
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De Beers
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Polished Markets
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Oct 01, 2013
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Rapaport News
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Gold Jewelry Demand +20% to $26B in 2Q13
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Global gold jewelry demand surged 20 percent year on year to $26.179 billion, according to the World Gold Council's quarterly report ''Gold Demand Trends.'' But while demand for the metal strengthened across the jewelry...
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Research
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Aug 15, 2013
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Jeff Miller
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Rough Markets
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Jun 01, 2013
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Rapaport News
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Gold Jewelry Demand +4% to $103B in 2012
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Global gold demand reached a record of $236.4 billion in 2012, up 2 percent year on year, according to the World Gold Council. The fourth quarter experienced the strongest performance as demand rose 6 percent to $66.2 billion, which was...
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Manufacturing
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Feb 14, 2013
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Jeff Miller
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Global Gold Demand -14% at $58B in 3Q
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The value of global gold demand fell 14 percent year on year to $57.61 billion in the third quarter of 2012 reflecting a challenging global economic climate, according to the World Gold Council (WGC).WGC published its quarterly ''Gold...
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Retail
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Nov 15, 2012
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Dilipp S Nag
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Global Gold Demand Flat at $51B, Volume -7% in 2Q
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The value of global gold demand remained relatively flat at $51.2 billion in the second quarter of 2012, having totaled $51.6 billion during the same period of 2011, according to the World Gold Council (WGC), which...
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Retail
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Aug 16, 2012
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Dilipp S Nag
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Polished Markets
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Jun 20, 2012
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Rapaport News
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Rough Prices to Remain Flat in 2012 Says BMO
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Rough diamond prices are likely to remain flat at current levels in 2012 given near-term economic uncertainty, BMO Capital Markets projected.“The 2012 outlook for rough diamond prices appears to be more muted,” said BMO analysts...
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Rough Markets
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Jun 11, 2012
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Dilipp S Nag
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Global Gold Demand +16% to $60B in 1Q
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Global demand for gold rose 16 percent year on year to $59.7 billion in the first quarter of 2012 driven by increased orders out of China, purchases from central banks and inflows into exchange-traded funds (ETFs), according...
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Retail
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May 17, 2012
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Dilipp S Nag
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Diamdel Observes Steady Rough Demand in April
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Diamdel concluded its latest rough auction, Diamdel Days, and observed that global demand held firm in April with India showing the most consistent growth. Diamdel's rough sale in April was 99.4 percent...
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Rough Markets
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May 15, 2012
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Dilipp S Nag
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ASSOCHAM Survey Suggests Ways to Support Rupee
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Internal country demand for investments and increased remittances by Indian expatriates are immediate solutions to problems facing the Indian economy in the form of a depreciating rupee against the dollar under the impact of capital outflows...
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Financial-Legal
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May 14, 2012
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Dilipp S Nag
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Indian Jewelers to Experience Slow Demand
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The Indian gems and jewelry industry is likely to continue experiencing subdued demand in 2012, with volume growth of below 4 percent for the overall segment due to a reduction in discretionary spending both in the export and domestic...
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Retail
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May 10, 2012
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Dilipp S Nag
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Diamdel's March Auction Sells 90% by Lot
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Diamdel concluded its latest rough auction, which it calls "Diamdel Days," and observed that demand continued to gather momentum during March 2012 driven by emerging market buyers."Demand from buyers across all major markets...
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Rough Markets
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Apr 19, 2012
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Dilipp S Nag
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Diamond Prices to Remain Firm This Year
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Diamond prices, which have remained strong following a cycle of auctions in 2012, are expected to remain firm this year due to strong demand from India and China, coupled with an improving macro-economic outlook for the...
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Polished Markets
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Mar 15, 2012
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Dilipp S Nag
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Diamdel's February Auction 93% Sold by Lot
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Diamdel concluded its latest rough auction, which it calls "Diamdel Days," and observed that all major markets showed improved demand for rough goods with the greatest increase coming from buyers out...
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Rough Markets
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Mar 09, 2012
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Jeff Miller
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Asian Demand, Tighter Supplies are Main Drivers in 2012
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Global diamond demand is likely to grow at a ''fairly nice'' pace, driven by consumers across Asia coupled with tighter supplies in the absence of any new big diamond mines, said Varda Shine, the chief executive of the...
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Rough Markets
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Feb 20, 2012
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Dilipp S Nag
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