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Behind The New Gold Rush

December 29, 2010 by ·

Is the next perfect bubble building up around the yellow metal? The price of gold has gone up from $256 an ounce in 2001 to $1,424. Meanwhile, price levels have struggled or crashed with respect to almost all other asset classes. Central banks have slashed interest rates. Yet, gold prices, it has been predicted, may go up and up. The many reasons for this renewed love are convincing. Interestingly, not long ago pundits had predicted the end of gold as the world’s default asset class and were clubbing it with commodities. It appears that the yellow metal is making a comeback to reassert the pre-eminence it has enjoyed for 5,000 years of history.

Its supply is falling. No new mines have been discovered. The existing ones are getting exhausted, and miners are digging as deep as 5 km. Gold content in ore has come down from almost 12 gm a tonne to 2 gm. And it costs more and more to take that out.

Environmental concerns have also contributed to mine-owners’ problems. The wages of miners are going up; so is the cost of providing them safety and security. [Read more...]

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Silver Slips To Rs 35,445 Per Kg

October 20, 2010 by ·

Tracking weak trend overseas on firming dollar, silver futures prices dropped by Rs 240, or 0.65 per cent to Rs 35,445 per kg on Wednesday.

Subdued demand for the metal at the domestic markets at prevailing record levels, also weighed on the gold futures here.

At the Multi Commodity Exchange platform, silver for December delivery dropped by Rs 240, or 0.65 per cent, to Rs 35,445 per kg, with an open interest of 6,729 lots.

The metal for delivery in May also fell by Rs 236, or 0.61 per cent, to Rs 35,758 per kg, with a business volume of four lots, while delivery in March shed Rs 230, or 0.60 per cent to Rs 35,560 per kg, with an open interest of 417 lots. [Read more...]

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The Hardest Substance

September 21, 2010 by ·

A lot of people usually refer diamond as woman’s best friend and a man’s way of reaching out his beloved. However, according to one of a famous jewelery designer that they’re a guy’s favorite and best friend too. Well, there is no question as to which is which but the fact remains that they’re the hardest substance on the planet. Diamonds are natural carbons created thousand miles below the earth’s surface and it takes a billion years under the right pressures and circumstances to create them.

On the other hand, loose diamonds can be set in various jewelery settings, such as in stud earrings, bracelets and necklaces. Diamonds has represented different things to many people. To some, it symbolizes love, purity, and faith. To others, they represent power, success, and security. So if you are bound to do something special for your loved ones or may be planning to buy one then just visits the above at brilliance.com for more details and information’s.

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Why Cheap Jewellery Brings Millions Of Us Out In A Rash

August 17, 2010 by ·

As every fashion-conscious woman knows, cheap jewellery can be a nightmare – and not just because of its appearance.

For many women, wearing a pair of alloy earrings can produce painful red swelling and blisters.

Coins, belt buckles, and even mobile phones may also cause an unpleasant allergic reaction when they rub against the skin.

The reason is that they all contain nickel, the most common cause of skin contact allergies in the industrialised world.

Many millions of people know they have to avoid anything made with the metal – and now scientists understand why. [Read more...]

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Simple Expression Of Love

July 22, 2010 by ·

People from different walks of life seem to overextend themselves for jewelry probably because of the psychology used by some traders in the marketing. Lots of women were insulted and offended because their fiancé had bought a low kind of engagement ring rather than a much high-priced one. Towards these, what happened to jewelry being a simple expression of love? The psychology, the only thing stronger than the diamond is love itself. That in reality it is only one thing, someone loved you enough to buy you a beautiful piece of jewelry.

Guys out there, are you taking notes? If you want to give a very special and unique gift to someone you loved most in your life, then maybe you should consider having it from brilliance. And if you are contemplating to buy wholesale diamonds, it should be because it is beautiful. It should not be about something that forces you to do so, but it is all because you love them and not because of a psychology meant to make you want to buy them.

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