Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

Yesterday

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

WGC: Gold is uniquely positioned to succeed as an accepted digital asset

06 september 2023

Gold-backed digital token can ascertain itself as an international retailer of worth, according to Randy Smallwood, CEO of Wheaton Precious Metals, as per Kitco News.

Gold continues to establish itself as a global store of value, attracting a new generation of investors who have lived through unprecedented uncertainty and volatility.

Smallwood pointed out that said gold gives its value to rarity, while the cryptocurrency sector has become inundated with products in the marketplace and just as many have failed in the last few years.

Smallwood added that Bitcoin's lacklustre performance through 2023 could allow gold to shine in the digital marketplace. He noted that through 2023, the World Gold Council has seen significant interest from banks worldwide that are interested in digitizing physical gold.

The WGC is helping to develop gold's digital infrastructure and bring potential partners together through its Gold247 initiative, which was launched nearly one year ago.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished