2021: The Year of the Pink Diamond – 12 of the Best Jeweller Magazine
Month: December 2021
Worldwide Diamond Industry to 2027 – Featuring Alrosa, Rio Tinto and Harry Winston Among Others PRNewswire
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Throwback Thursdays: December 2021
On Throwback Thursdays, we here at PriceScope celebrate the jewels of our past. Every day on the Show Me the Bling! forum, Community members share their new bling for us …
Throwback Thursdays: December 2021 […]
The post Throwback Thursdays: December 2021 appeared first on PriceScope.
Garnet is the birthstone for January
Anyone celebrating a birthday at the start of each year benefits from Garnet for their birthstone.
Associated with a deep-red colour, Garnet comes in many different hues. Rich in colour, transparent and inexpensive, garnet makes an affordable choice when it comes to jewellery for a January birthday or anniversary.
Garnet shapes, colours and sizes
Garnet comes in many different colours including green, red, yellow and orange. In addition, these birthstone gemstones occur in many shapes and sizes. Our example below comes from our limited-edition gemstones in our online shop.
Loose red Garnet in gemstone display box
Garnet as an alternative to Ruby
Garnet makes an excellent alternative to Ruby. Based on price alone. Similarly most jewellers work with Garnet within their gemstone birthstone selections.
Is Garnet hardwearing?
Garnet is fairly hardwearing, measuring 6.5 – 7.5 on Mohs Scale. Therefore, it makes a popular choice for birthstone rings in addition to many other types of jewellery.
Many sources suggest that Garnet is sensitive to heat. Therefore, we recommend care during jewellery making where high temperatures are used.
Forms of Garnet
Hydrogrossular: Bluish-green Garnet with far less transparency.
Pyrope: Chrome pyrope Garnet makes the perfect alternative to Ruby, prized for its deep red tones.
Spessartine: Orange variety of Garnet, most prized in the Mandarin orange colour.
Uvarovite: Rare, dark, rich green usually in small sizes and compared by many to Emerald.
Almandine: Most common gemstone in the Garnet family—available in many colours. The blend of almandine-pyrope forms the deep red variety most people relates in colour to Garnet.
Andradite: One of the rarest varieties of Garnet. Some suggest this type of Garnet has even more fire than diamond. Green demantoid is highly valued amongst collectors.
Grossular: Available in many colours, this type of Garnet suits jewellery with bright and vivid colours with the exception of blue.
January Birthstone Engagement Ring
Garnet can make an ideal gemstone for an engagement ring. Moreover favoured Ruby due to its preferential cost.
Most of our ring designs can be set with this intense birthstone instead of a diamond. In addition, this gemstone adds full contrast when set alongside brilliant white diamonds. As displayed here in our Sienna engagement ring.
Garnet Necklace Designs
Available from our ready to wear collection. The Nouveau necklace. Set with two teardrop garnet gemstones. Crafted in 9ct Yellow Gold, as a result making the perfect January birthstone gift.
The post January Birthstone and the Beauty of Red Garnet appeared first on Serendipity Diamonds Blog.
The world’s top gold producer forecasts higher gold output in 2022, and analysts at Societe Generale recently raised their gold price forecast for the first quarter of 2022. Where do you think gold prices will go in 2022 and even beyond? We’ve rounded up analyses from around the world to give you varied perspectives on 2022 gold prices so you can make the best choices for your precious metals portfolio.
What Could Happen to Gold Prices in 2022?
Newmont, the world’s largest miner of gold, is bullish on the gold market in 2022. So is French investment bank Societe Generale.
Newmont expects gold production in 2022 to reach 6.2 million ounces, up from the 6 million ounces that it expected to produce in 2021, according to the Reuters news service. However, overall demand for gold may still outpace any increase in supply.
Meanwhile, Societe Generale believes the price of gold will average $1,950/oz. in the first quarter of 2022, Reuters says, citing the Federal Reserve’s commitment to support the U.S. economy. By comparison, gold prices during the third quarter of 2021 generally remained between $1,700 and $1,900/oz.
Aside from Societe Generale, other analysts see a promising short-term future for gold amid ongoing uncertainty in the global economy. For instance, Wells Fargo forecasts gold prices rising to $2,000/oz. in 2022, according to Kitco News. And Mike McGlone, senior commodity strategist at Bloomberg Intelligence, told Kitco News that he thinks gold will “steal the show” in 2022 compared with other precious metals.
Fahad Tariq, a precious metals analyst at Swiss bank Credit Suisse, says he remains optimistic about gold prices even as the Federal Reserve prepares to raise interest rates in 2022, according to Kitco News.
Credit Suisse foresees gold prices in 2022 averaging roughly $1,850/oz.
Others, however, have a different view on gold’s near-term prospects. For instance, Dutch bank ABN AMRO forecasts that gold will close out 2022 at $1,500/oz. That accessible price point could represent a buying opportunity for asset holders as they seek to diversify their portfolios, counteract inflation, and find a safe haven from economic uncertainty.
The outlook for gold prices next year “largely depends on central bank policy regarding inflation in the U.S. and other major economies, among other factors,” according to Capital.com.
What Could Happen to the Price of Gold Beyond 2022?
No one can accurately pinpoint what will happen to the price of gold beyond 2022.
“It’s important to keep in mind that financial markets remain extremely volatile, making it difficult to accurately predict what an asset’s price will be in a few hours and even harder to give long-term estimates,” Capital.com notes.
Still, some analysts have made educated guesses about the price of gold beyond 2022.
Ole Hansen, head of commodity strategy at Danish lender Saxo Bank, told Capital.com that he “would not be surprised” if gold trades above $2,300/oz. within the next five years, based on a projected annual growth rate of 5%. (Compare that growth rate to the national average interest rate for savings accounts, which is only 0.06%, according to Bankrate.)
Richard Mills, a mining expert and financial writer, looks to the past to affirm his belief in gold’s future, writing, “Since 1972, gold has gone from $35 to $1,750.” (It even crossed the $2,072/oz. threshold in 2020.) “That’s the power of precious metals. In my opinion, the coming inflation and soaring global debt levels all but guarantee another gold run is on its way.”
LiteFinance expresses more specific optimism about the longer-term future of gold prices. The financial platform expects the price of gold to break the $2,000/oz. mark at the end of August 2023 and stay above $2,000/oz. for the remainder of the year.
“Overall, the price of gold in 2023 will go up, and no significant falls are expected,” LiteFinance predicts.
Request U.S. Money Reserve’s exclusive 2022 Global Gold Forecast for an in-depth look at the future of physical gold.
The post Where Are Gold Prices Headed in 2022 and Beyond? appeared first on U.S. Money Reserve.
Kitco News
(Kitco News) – The company announced it has signed a five-year cobalt tolling contract and amended the previous concluded five-year cobalt hydroxide feed purchase agreement with Glencore.
The post Electra Battery Materials inks cobalt tolling contract with Glencore appeared first on WorldSilverNews.
“”silver price”” – Google News
Palladium/Platinum/Silver: 2021 dogs are 2022 thoroughbreds | Kitco News Kitco NEWS
The post Palladium/Platinum/Silver: 2021 dogs are 2022 thoroughbreds | Kitco News – Kitco NEWS appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The company said it does not expect the termination of the MOU to impact the timing of commencement of early works or major works construction at Blackwater.
The post Artemis Gold says MOU with Ausenco on Blackwater processing plant terminated appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Gold and silver prices are firmer in midday U.S. trading Thursday, as bullish traders stepped in to buy the early dip in prices and do some bargain hunting.
The post Gold posting moderate gains as traders buy the dip appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The gold market will not be able to withstand the Federal Reserve’s plan to tighten its monetary policy in 2022, according to commodity analysts at J.P. Morgan Global Research.
The post J.P.Morgan sees gold price unable to withstand the Fed; falling to pre-pandemic levels in 2022 appeared first on WorldSilverNews.