Friday, July 14, 2017


Marketing market research NPD Group released the results of a recent study in the framework of the project "Monitoring Diamond» (Diamond Tracker), which is allowed to collect data from the representatives of the US jewelry industry, total 3950 respondents.
The study contains data causing concern about how the situation with retail grown in the laboratory diamonds.
According to the findings, the percentage of the total artificial stone sales tripled from 0.1% in 2015 year to 0.3% in 2016 year. The results of the NPD Group research also shows that the most successful lab diamonds are sold at retail.
According to the analyst of the diamond industry Edana Golan (Edahn Golan), who advised the NPD Group in the process of project implementation, customer demand for artificially grown stones grow, customers buy diamonds of weight, which is the basis of the demand for natural stones. On average, demand is concentrated on diamonds weighing about one carat, but also noted the sale of larger stones. Interest in diamonds in two-three carats shows that the demand is not restricted to small budgets.
The average cost of laboratory stones in retail trade by about 40% compared with the cost of nature. In this case, the turnover of artificially grown diamonds faster than that extracted from the depths with the same characteristics that make them the best financial asset, says
Golan.
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1 comment:

Pearl Necklace said...

China plans to launch the new fixing for gold in RMB April 19, media reported.
Date of commencement of the gold fixing in RMB has been officially confirmed by the authorities. Banks engaged in Shanghai fixing for gold, received a draft regulation on the rules of trade.
Banks involved in determining the price of gold in RMB, mainly registered in China, but the number of foreign banks are also expected to take part in the project.
Probably already denominated in RMB fixing for gold proposed by the Shanghai Gold Exchange (Shanghai Gold Exchange, SGE) to facilitate gold trading between banks, 10 financial institutions will participate.
Most Chinese banks, which are in the official list of the leading players in China, as well as one foreign bank, will become part of a new fixing system. Among them - the Chinese ICBC, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, China CITIC Bank, China Merchants Bank, Industrial Bank Co, Bank of Ningbo and ANZ (China).
As expected, SGE will work to a greater number of foreign banks participated in the system.
The new system of fixing for gold will be through the SGE, which is the world's largest exchange for physical gold trade.