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Record Gold.
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Jewelers Circular Keystone
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May 1, 2008
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Copyright informationCOPYRIGHT 2008 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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By William George Shuster, Senior Editor
Despite record-high gold prices and gloomy economic forecasts, jewelers and suppliers are learning to cope.
We're in a new, more expensive era for businesses and consumers.
Commodities like oil, flour, platinum, and even mushrooms are at record price levels and likely to stay there for the foreseeable future, say experts.
Gold is no exception. Its highest-ever per-troy-ounce prices are affecting the jewelry business worldwide, and inventories of last year's less-expensive gold jewelry are running out. But savvy retailers have the means to cope effectively, say industry analysts.
Since November, gold has soared to ...
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GOLD PRODUCTION UP 6.2 PERCENT
Info-Prod Research (Middle East);
May 29, 2003 ;
57 words
...Russia produced 29.936 tons of gold in the first four months of 2003,6.2 percent or 1.745 tons more than in the same...last year,according to the Union of Gold Producers.Mine output was up 6.3 peercent...736 tons; secondaryproduction grew 80 percent or 571.6 kg to 1.285 kg; and incidentalproduction ...
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Itronics Reports 47 Percent Increase in GOLD'n GRO Fertilizer Division...
PR Newswire;
January 16, 2007 ;
787 words
......today that fourth quarter 2006 GOLD'n GRO fertilizer division...Inc., were $424,000, up 47 percent compared to $289,000 in the...last year. Fourth quarter GOLD'n GRO liquid fertilizer sales were $264,000, up 14 percent. Fourth quarter silver sales...were $1.818 million, up 39 percent from ...
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ACCORDING TO THE EXPERTS, 11,3 PERCENT OF GOLD AND CURRENCY RESERVES OF RF...
A&G Information Services;
May 21, 2001 ;
68 words
......Services 05-21-2001 ACCORDING TO THE EXPERTS, 11,3 PERCENT OF GOLD AND CURRENCY RESERVES OF RF ARE IN GOLD ST.PETERSBURG, RUSSIA, (A&G News via COMTEX...occupies 15th place according to the volume of gold reserves- 388,7 tons of gold (without taking...
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Much of gold's glitter restored; After years of being the poor relative on...
Star Tribune (Minneapolis, MN);
September 29, 1999 ;
Barshay, Jill J.;
602 words
......just $255 Sept. 20. Gold futures jumped 9 percent Tuesday, the biggest...years. Nevertheless, gold is 25 percent less than it was three...people who are hoarding gold ahead of the millennium. Business is up 25 percent this year, the best...
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Gold Imports Up 230 Percent in India
Xinhua English Newswire;
August 9, 1999 ;
78 words
...With a continued decline of gold prices in the global market, India's gold imports shot up 230 percent to 80 tons in June from 24...fiscal year ended June 30, 1999, gold imports stood at 187 tons, 32 percent higher than the 142 tons recorded...India is a major importer of gold. The ...
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Itronics Silver Sales Increase by 83 Percent in the Fourth Quarter, 44...
PR Newswire;
January 31, 2006 ;
787 words
......today reported silver and GOLD'n GRO liquid fertilizer sales...2005. Silver sales were up 83 percent in the fourth quarter and up 44 percent for the full year. GOLD'n GRO liquid fertilizer sales were up 45 percent in the fourth quarter and...manufacture about 1 million tons of GOLD'n ...
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Gold output down 6.6 percent in South Africa
Xinhua News Agency;
June 10, 2005 ;
205 words
...Gold output down 6.6 percent in South Africa JOHANNESBURG...world, reported a fall of 6.6 percent in seasonally adjusted gold output while overall minerals...mainly due to an increase of 2.2 percent in non-gold minerals, mainly driven by...
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Mexican Mining Output Rises; Gold Volume Up 42 Percent.
Internet Securities;
June 26, 2001 ;
133 words
......months of the year was up 1.0 percent in real terms from the year-a...was up substantially, with gold volume rising 41.5 percent from the year-ago period, to...and silver volume up 20.4 percent, to 452,834 kilograms, INEGI...production, meanwhile, was up 14.2 percent from a year earlier, to ...
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Internet Gold posts income worth $1.6 million in Q3 2006; year-on-year...
Africa & The Middle East Telecom;
December 1, 2006 ;
93 words
...Israel-based Internet Gold increased its income over the year by 44 percent to $1.6 million during Q3 2006...that during July 2006, Internet Gold signed a pact with 012 Golden Lines to acquire 60 percent of its stake. The deal is submitted...
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China's gold output up 8 percent in first nine months
Xinhua News Agency;
November 7, 2006 ;
131 words
...China's gold output up 8 percent in first nine months...Xinhua) -- China's gold output rose 8 percent to 169.3 tons between...million dollars), up 51.52 percent During the nine-month...volume at the Shanghai Gold Exchange stood at 896...
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Dubai's gold trade surges 37 percent to hit 14.75 bln USD in 2006
Xinhua News Agency;
April 23, 2007 ;
147 words
...Dubai's gold trade surges 37 percent to hit 14.75 bln USD in 2006...DHABI, April 23 (Xinhua) -- Gold trade through Dubai surged 37 percent in 2006 compared with the...Dubai in 2006, purchasing 52 percent of all gold sales in the emirate.
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UAE gold sales surge 41 percent in first quarter
Xinhua News Agency;
June 2, 2004 ;
165 words
...UAE gold sales surge 41 percent in first quarter ABU DHABI, June 2 (Xinhua) -- Retail gold sales in the United Arab Emirates...regional office in Dubai, UAE gold consumption witnessed a 21 percent increase during the same period. Gold jewellery consumption rose over 22 percent ...
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Dubai's gold trade rises 29 percent in 2007
Xinhua News Agency;
January 27, 2008 ;
178 words
...Dubai's gold trade rises 29 percent in 2007 ABU DHABI...total of 559 tons of gold was imported into Dubai in 2007, up 14 percent from 489 tons in 2006...2007, increasing five percent compared to 274 tons in 2006. Gold prices averaged 696...
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CHINA'S GOLD PROFITS UP 48 PERCENT
Info-Prod Research (Middle East);
April 29, 2004 ;
80 words
......a year-on-year rise of 48 percent, said China Gold Association. The country's...nearly 6 billion yuan, up 42.8 percent than 2002, according to a report...Beijing-based association.The country's gold miners produced 34.42 tons...period ending March 31 - 4.7 percent higher than the year-ago ...
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Norilsk Nickel buys 20 percent of Gold Fields
Mining Engineering;
May 1, 2004 ;
Anonymous;
193 words
......palladium producer bought 20 percent of the world's fourth largest gold producer. Russia's MMC...in April bought a 20-percent share-holding in South Africa's Gold Fields for about US$1...Norilsk said the 20-percent Gold Fields acquisition was...
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