The new division of Internet Marketing staffed, which will assist diamantaires in connection to e-commerce platforms and loading of goods in the internet procedure. Computer and 360-degree camera installed to photograph and upload data about diamonds on web sites.
Over the past year, the Israeli diamond industry has introduced a number of initiatives in the field of e-commerce, which was the signal for a new direction of development of the industry. This year, IDE, together with a group of "IDI" company (Israel Diamond Institute, IDI) launched the GET-DIAMONDS system. This platform offers international and local customers free access to view all Israeli gemstones through modern, free and convenient platform for business, available anytime and from anywhere.
President of the Israel Diamond Exchange Yoram u'Dvash (Yoram Dvash) said: "We are making great efforts to provide a new marketing channel for our members and promote the use of the Internet as a sales tool I believe that this will give our industry a comparative advantage we need to look to the future.. and this is the right direction. "
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Global demand for gold jewelry increased by 1% to 481 tonnes in the first quarter of 2017, compared with 474 tons in the first three months of 2016, according to the quarterly report of the World Gold (WGC) Council.
The report says that the increase in consumption of gold in India has become a major cause of a small global increase in demand compared to last year. However, demand remains relatively weak, 18% below the 5-year quarterly figure of 587.7 tonnes, while in the first quarter of 2016 it actually reached a seven-year low 474.4 tonnes. Jewelry demand in India in the first quarter was 16% higher than last year and amounted to 92.3 tons, but he was still weak. In this decade, in the first quarter gold demand in India fell below 100 tons of only three times. Gold industry is still living is not easy, and it expects clarity on whether the future tax on goods and services will (GST) in a higher tax burden for the end user.
Demand for gold jewelry in China fell slightly, down 2% compared with the same period of the previous year as a seasonal rise in the general offset the impact of higher gold prices. Demand in the first quarter totaled 176.5 tons, compared with 179.2 tonnes in the first quarter of 2016. This is 5% below the five-year quarterly figure of 186.4 tons.
Growth in jewelry demand in the US has resumed, which led to a very strong first quarter in 2010. Improving consumer sentiment in the US after the presidential election spurred demand for jewelry in the first quarter: it rose by 3% to 22.9 tonnes.
In most other markets demand remained at the same level or somewhat softened due to higher prices and seasonal factors.
The total global demand for gold reached 1,034.5 tonnes in the first quarter of 2017, which is 18% lower than in the first quarter of 2016, when the consumption of gold has reached a record high.
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