[Pearl Jewelry : Pearl Necklace] 4/29/2018 06:19:00 PM

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The export of gold jewelery from India in October fell by 6.9% to $ 608.95 million, according to the Gems and Jewelery Export Promotion Council (GJEPC).
As part of efforts to reduce the trade deficit, India has taken measures to limit the import of gold, which had a significant impact on the jewelry sector. Among these measures was the requirement to ensure the subsequent export of 20% of imported gold in the form of jewelry products.

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Posted By Blogger to Pearl Jewelry : Pearl Necklace at 4/29/2018 06:19:00 PM

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The Entice jewelry brand from the KGK group of companies presents a new initiative called SOLITAIRE FIESTA, which is a festival dedicated to the beauty of diamonds, which will last from December 12, 2013 to January 12, 2014.
Within the framework of the festival, in the three boutiques of the company, located in Delhi, Mumbai and Jaipur, exclusive gemstones will be exposed for everyone in all variety of fences, colors, sizes and purity.
In the collection of elite diamonds from Entice brand there is a wide assortment of uncorrected diamonds, necklaces, bracelets, and earrings, as well as a special series of diamond rings that meet the most demanding taste of connoisseurs of jewelry.

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The US consumer price index (CPI) for jewelry in October 2013 slightly decreased by 0.4% on a year-on-year basis to 177.72 points, Rapaport reports. The index was three points below the average in September 2013. Record high CPI was registered in January 2012 and was 183.19 points. The average CPI value for the first ten months of the year (177.97 points) was 0.3% lower than the corresponding indicator for January-October 2012.
Taking into account the data for October, CPI exceeded the average mark of 170 points for 34 consecutive months, a stable trend towards inflation persisted.
CPI for jewelry reached a record level of 183 points in early 2012, but after that, throughout 2012, prices for diamonds, gold and platinum declined. As of October, gold prices fell by 27% on a year-on-year basis, and platinum fell in price by almost 13%.
In October, the RapNet diamond price index (RAPI) for certified 1 carat stones fell by 5.3% on a year-on-year basis, prices for diamonds of 3 carats decreased by 3.3%, and diamonds with a weight of 0.5 carats fell by 2 ,5%. Meanwhile, diamonds weighing 0.3 carats rose in price by 6.6%, according to RapNet.
The general index of consumer prices for all categories of products in September increased by 1% in the year-on-year terms and reached 233.81 points.

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Net profit of the world-famous jewelry company Tiffany & Co. by the end of February-October this year grew by 20% and amounted to approximately $ 285 million, earnings per share for the quarter exceeded forecasts of analysts, it follows from the company's press release.
Net profit in terms of one ordinary share for the reporting period was $ 2.23 compared to $ 1.87 per share for the nine months of 2012-2013 fiscal year, PRIME reports.
Sales of Tiffany for the period increased by 7% and amounted to $ 2.7 billion. Sales in the Americas grew by 1%, in the Asia-Pacific region - by 14%, in Europe - by 6%, while sales in Japan fell by 9%.
Tiffany's net profit for the quarter increased 50% to $ 94.6 million. Earnings per share were $ 0.74 compared to $ 0.5 for the same period last fiscal year, while the company's sales grew 7% to $ 911 million. Meanwhile, analysts expected earnings of $ 0.58 per share and revenues of $ 888 million.