JEWELLERY NEWS

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Certified polished diamond prices rise 19% in 2011

Certified polished diamond prices rose in 2011 spurred by strong buying in the first half of the year. However, global economic uncertainties and tight liquidity in cutting centres caused prices to soften in the latter half of the year.

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Rapaport: 11th January 2012
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Goldman Sachs: Gold could hit US$1,940 in 2012

Gold futures traded on the Comex in New York may climb to $1,940 an ounce in 12 months as U.S. interest rates and inflation are expected to remain low, Jeffrey Currie, head of commodities research, said at the company’s Strategy Conference 2012 in London today.

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Reuters: 10th January 2012
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The Fabergé Big Egg Hunt

Fabergé is of course known for its jeweled eggs. In London, the luxury jewelry house is taking this iconic symbol of luxury and turning it into an oversized, multi-day, multi-faceted Easter promotion throughout the city.

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Forbes: 9th January 2012
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Encouraging sales at IIJS Signature 2012

Jewellery retailers looking for additional items for the Indian wedding season are fueling business at the GJEPC IIJS Signature in Mumbai this weekend.

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Idex Online: 8th January 2012
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China releases Indian diamond dealers held for smuggling

Twelve Indian diamond traders, held in China for two years on smuggling charges, have returned home. They were among 22 Indians convicted last month for smuggling diamonds worth more than $7m (£4.5m) from Hong Kong.

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BBC News: 6th January 2012
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Australia's diamond industry to boom in 2012

Australia’s diamond and gemstone mining industries will see a boom in 2012, with their revenue growing to A$600 million – an increase of 37%, according to new analysis by the IBISWorld industry research firm.

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Israel Diamond Portal: 4th January 2012

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