The prime three heaps in Phillips’ $21,699,382 inaugural Geneva jewellery sale have been diamonds, certainly one of which was the fourth-largest fancy pink diamond ever sold at public sale. At his shop in Lagos, each bit of gold, silver and brass-coated jewellery represents Nigerian custom and culture. The inside tales and breaking news about jewelry business retailers and suppliers. Like the ring earring, the chain necklace is at all times a seasonal contender for a timeless investment.
Gold consumption last 12 months dipped 3% from 2022, with purchases within the competition October-December quarter declining 4% over the identical interval a yr ago. By the time summer demand units in, interest rate actions might make bullion dearer. Subdued demand on the earth’s second-largest retail market for gold will have some impact on costs. Rural incomes should revive extra emphatically before rise in gold costs can be absorbed to extend consumption. “However …