The amount of gold used for the fabrication of jewelry worldwide increased by 12% year-over-year to 551 metric tons for the first quarter of 2013, worth a record value of $28.9 billion, according to a World Gold Council report.
Pandora, known for its popular charm bracelets, said Tuesday that group revenue for the period increased 40 percent year-over-year to 2.002 billion Danish krones ($348.6 million). Net profit increased 29.6 percent to DKK 438 million ($76.3 million).
A fresh batch of Chinese economic data came out last night, and it was mostly nothing to write home about.
Via SocGen, the big numbers were:
Industrial production grew by 9.3% in April, just missing estimates of 9.4%.
Luxury watch and jewelry brand, Chopard, is celebrating the 20th anniversary of its successful Happy Sport watch line by unveiling the Happy Sport Diamantissimo?an 18-carat white gold timepiece set with 958 baguette-cut diamonds and 1,978...
Companies in this industry sell fine jewelry and discount jewelry through company owned retail stores and over the internet. The majority these companies do not mine their own metals or precious stones.