Silver Demand In India Plunged 75% | Resource Investor

The organization cites scarce monsoon plus buoyant stock markets because the key factors which led to the sudden drop inside need for Silver inside the country. The countrys silver imports had totaled nearly 4,000 tons throughout the fiscal 2013-14, averaging almost 330 tons monthly. But, the average silver imports throughout the initial four months of the present fiscal dropped drastically to around 70-80 tons monthly, virtually 75% lower when compared with average imports throughout previous fiscal. According to Prithviraj Kothari, Vice President, IBJA, the delayed plus deficient monsoon has dampened the demand this year. Despite low costs, there are no buyers in the market, he added. The retail outlets beneath the organization have reported big fall inside silver jewellery demand because which beginning of this fiscal inside April 14. The prolonged dream run inside Indian stock markets have forced several investors to move away from commodities like gold and silver. The investment need for silver has dried up, despite analysts observation which time is ripe to consider silver as a wise instrument to park funds. IBJA additionally declared which industrial demand for silver has not yet showed sign of improvement as the Indian economy is yet to recover completely.
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Victorian-era Silver ‘fix’ Joins Electronic Age – Yahoo Finance

Endless Jewelry Gets Backing from Lars Seier Christensen – Yahoo Finance

Load More The 117-year-old London method to set a price for silver, well-known as the “fix,” is coming to an end on Friday, replaced by a unique electronic pricing system which regulators hope might bring more transparency to the system. Under the old ‘fix’, 3 banks — HSBC, Deutsche Bank and Bank of Nova Scotia — held a daily conference call to set silver’s global benchmark, allowing traders to buy and sell the metal at a single cost. Read More Gold need sinks 16% year-on-year in Q2 Earlier this year, Deutsche Bank, tried to market its “fixing seat” as element of its scaling-back of its commodities company. However, no buyer might be found plus, because the program can no longer run with merely 2 members, U.K. financial watchdog the Financial Conduct Authority (FCA) place plans inside destination for a modern electronic program. Read More French builders take $1.2M inside buried treasure “Silver is a $5 trillion marketplace, there are thousands of contracts which underpin this marketplace plus they need to reference anything throughout the contracts, if you are a refiner or perhaps a jewellery firm, we require a benchmark,” mentioned Ross Norman, CEO at valuable metal sellers Sharps Pixley. View gallery Simon Dawson | Bloomberg | Getty Images The last final meeting call amongst the 3 banks took destination about Thursday after the FCA asked Deutsche Bank to wait till an alternative task to fix the metal’s price was put in region. The new program, called the London Silver Price is an electronic auction which may take place at midday London time about a trading platform provided by exchange CME Group plus jointly administered by Thomson Reuters.
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Please enter a valid phone quantity. Please enter a Phone Number. Send Thanks! A link has been transmitted. Done Endless Jewelry Gets Backing from Lars Seier Christensen Endless Jewelry 2 hours ago 0 shares Done COPENHAGEN, Denmark, August 12, 2014 /PRNewswire/ — Endless Jewelry, a modern high-quality jewellery collection, has received financial backing from a group of investors including Lars Seier Christensen, co-founder and CEO of Saxo Bank. Endless Jewelry was created inside 2013 by Jesper Nielsen, a Danish entrepreneur plus previous CEO of KasiGroup, a reseller of PANDORA jewellery. Christensen joins a tiny group of brand-new investors in the organization that concentrates on the design plus distribution of a assortment of affordable, top-quality leather bracelets and charms plus aims to be 1 of the fastest growing jewellery brands inside the planet. With 23.55% of the ownership, Christensen plus the brand-new group of investors are an important part of the new ownership structure of the company, although the Nielsen family remains most shareholders plus Jesper Nielsen as CEO. Lars Seier Christensen commented: “Endless Jewelry has already accomplished a remarkable deal inside a short amount of time, having finalized over 2000 agreements with jewellers, distributors and a few of the main retail stores worldwide. “I have followed Jesper Nielsen plus his administration team for a quantity of years plus have been impressed by the company’s competency, bold ambitions plus sound business plan.Its achievements to date demonstrate the appeal of the collection to stores plus clients plus I am a lot looking forward to being element of the development of the organization I believe may become a significant player in the industry.” Jesper Nielsen, founder plus CEO of Endless Jewelry, furthermore expressed ideal joy at the prospect of using the new co-owners: “It is a remarkable asset to have Lars Seier Christensen about board with Endless both because an trader plus because a trusted consultant whenever it comes to the financial performance of the organization. The growth we are experiencing very in the United States requires a strong capital base plus with the new ownership structure, you have a rather sturdy foundation. “The new ownership structure means which we, irrespective of outside factors, could continue to develop plus fulfil the massive potential of Endless Jewelry.” Additionally to the Nielsen family plus Lars Seier Christensen, the group of owners also include past chairman and CEO of Esprit Heinz Krogner amidst others. Endless Jewelry is a brand-new jewellery brand inside the “affordable luxury” category, established in 2013. Its treatments comprise of 12 colourful bracelets inside leather, and 450 different classic plus fashionable charms in gold, rose gold and sterling silver. Endless Jewelry is avaI’ll continueilable inside 3,000 shops in 18 nations inside Europe plus North America. Contact: Steen Laursen, sl@endlessjewelry.eu , +45-6143-8922
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Endless Jewelry Gets Backing From Lars Seier Christensen – Yahoo Finance

Victorian-era silver ‘fix’ joins electronic age – Yahoo Finance

Please enter a valid telephone amount. Please enter the Phone Number. Send Thanks! A link has been transmitted. Done Endless Jewelry Gets Backing from Lars Seier Christensen Endless Jewelry 2 hours ago 0 shares Done COPENHAGEN, Denmark, August 12, 2014 /PRNewswire/ — Endless Jewelry, a modern top-quality jewellery collection, has received financial support from a group of investors including Lars Seier Christensen, co-founder and CEO of Saxo Bank. Endless Jewelry was created inside 2013 by Jesper Nielsen, a Danish entrepreneur plus previous CEO of KasiGroup, a reseller of PANDORA jewellery. Christensen joins a tiny group of modern investors in the organization which concentrates on the design plus distribution of a assortment of affordable, top-quality leather bracelets plus charms plus aims to be one of the quickest growing jewellery brands in the planet. With 23.55% of the ownership, Christensen as well as the unique group of investors are an significant piece of the hot ownership structure of the company, though the Nielsen family remains majority shareholders plus Jesper Nielsen as CEO. Lars Seier Christensen commented: “Endless Jewelry has absolutely attained a amazing deal in a short amount of time, having finalized over 2000 agreements with jewellers, distributors and several of the major retail stores worldwide. “I have followed Jesper Nielsen plus his administration team for a amount of years plus have been impressed by the company’s competency, bold dreams and sound company plan.Its achievements to date demonstrate the appeal of the collection to retailers plus buyers plus I am really much hunting forward to being piece of the development of a business I believe might become a noticeable player inside the industry.” Jesper Nielsen, founder and CEO of Endless Jewelry, moreover indicated wonderful joy at the prospect of working with the unique co-owners: “It is a good asset to have Lars Seier Christensen about board with Endless both because an investor and because a trusted advisor with regards to the financial performance of the organization. The growth you are experiencing very inside the United States demands a sturdy capital base and with the fresh ownership structure, you have a fairly sturdy foundation. “The modern ownership structure signifies that we, regardless of exterior factors, can continue to develop and fulfil the massive potential of Endless Jewelry.” In addition to the Nielsen family plus Lars Seier Christensen, the group of owners additionally include previous chairman and CEO of Esprit Heinz Krogner among others. Endless Jewelry is a unique jewellery brand inside the “affordable luxury” category, established in 2013. Its items comprise of 12 colourful bracelets inside leather, plus 450 different classic and fashionable charms inside gold, rose gold and sterling silver. Endless Jewelry is avaI’ll continueilable inside 3,000 shops in 18 countries inside Europe and North America. Contact: Steen Laursen, sl@endlessjewelry.eu , +45-6143-8922
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Load More The 117-year-old London system to set a price for silver, well-known as the “fix,” is coming to an end on Friday, replaced with a hot electronic pricing device which regulators hope may bring more transparency to the system. Under the old ‘fix’, 3 banks — HSBC, Deutsche Bank and Bank of Nova Scotia — held a daily meeting call to set silver’s worldwide benchmark, allowing traders to buy and market the metal at a single cost. Read More Gold need sinks 16% year-on-year in Q2 Earlier this year, Deutsche Bank, attempted to sell its “fixing seat” because piece of its scaling-back of its commodities business. However, no buyer can be found and, because the program can no longer run with simply two members, U.K. financial watchdog the Financial Conduct Authority (FCA) place plans inside place for a fresh electronic system. Read More French builders take $1.2M inside buried treasure “Silver is a $5 trillion marketplace, there are thousands of contracts which underpin this market as well as have to reference anything during the contracts, if you are a refiner or perhaps a jewellery organization, you need a benchmark,” mentioned Ross Norman, CEO at valuable metal sellers Sharps Pixley. View gallery Simon Dawson | Bloomberg | Getty Images The last final meeting call between the three banks took area on Thursday following the FCA asked Deutsche Bank to wait until an alternative procedure to fix the metal’s cost was submit destination. The modern system, called the London Silver Price is an electronic auction that takes region at midday London time about a trading platform offered by exchange CME Group plus jointly administered by Thomson Reuters.
Read More at http://finance.yahoo.com/news/victorian-era-silver-fix-joins-electronic-age-105948850.html

‘who?s It For?’ Launches Multiple New Ranges Of Fine Jewellery

Bullion Banks: Unexpected Allies

Lochgilphead, Argyll (PRWEB UK) 9 August 2014 Whos it for? a Scottish online gift retailer, has announced the launch of several hot ranges of fine jewellery. Three unique ranges of jewellery may today be accessible for purchase online, offering more excellent options for consumers. The brand-new jewellery brands which are today available are based inside the UK. They provide a unique plus creative aesthetic. ‘Whos it for?’ is happy to provide these specialized brands for their visitors. I Love a Lassie Designer Silver Jewellery ‘Whos it for?’ is proud to announce that they usually be marketing jewellery from this modern up plus coming Scottish design brand called I Love a Lassie, which is a fresh Scottish jewellery design company which is creating a range of very special jewellery. Each of their pieces is cast in strong sterling silver plus they are available in a range of different finishes, from rose gold vermeil to black rhodium to gold vermeil to silver. This luxurious brand has been featured inside French Vogue. All of the I Love the Lassie jewellery is hand-finished in the workshop in Edinburgh and has the traditional Edinburgh Castle hallmark. ‘Whos it for?’ stocks three ranges of the jewellery, the Bawbee Coin, Antique Lace as well as the Knotted String. Amanda Coleman Jewellery Another good brand-new brand which usually today be obtainable in the internet store is Amanda Coleman. This fashionable jewellery brand has been featured inside the click and even Charlotte Church is a fan! Amanda Coleman is a jewellery designer whom lives in Lincoln with her spouse plus their two young children. She makes her work by hand and supplies stores and galleries all across the UK, Japan and Europe. Amanda takes inspiration for her jewellery from her love of the all-natural globe and all details miniature. She is fascinated by the little peculiarities of everyday lifetime and the jewellery she creates is pretty, whimsical and playful inside design. Amanda works with silver, gold and semi-precious stones, utilizing those to produce intricate, fabulous, gorgeous and special jewellery. ‘Whos it for?’ stocks a quantity of Amanda Coleman goods, including the Betty, Love Heart, Dragonfly, Midnight Owl, Field Mouse plus Raven & Roses collections. Anchor and Crew This final fresh vary from designer brand Anchor and Crew combines together the aesthetic of vintage nautical ingredients with modern fashion and vision. Anchor and Crew is a British accessory brand that was tailored plus established inside 2014 by a group of designers whom have a broad background plus diverse interests inside architecture, art and fashion. The name of the brand relates to the icon of naval history inside the UK. The nautical inspired pieces are designed plus handmade in Britain plus are presented at an accessible price range. All Anchor plus Crew products are handmade to the very highest standards of quality.
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The head of MMTC says he envisions 6 -7 these operations inside the coming years, handling about 1000 tons of gold annually. 23. This really is a huge game changer, because these refineries can totally eliminate the need for India to import gold bars from Switzerland plus different nations. The gold jewellery bull era usually feature a much more direct link between your Western gold communitys mining businesses and Indian jewellers, a win-win situation for all! 24. Of all the valuable metal fields, silver is the 1 I like inside the many immediate timeframe. Please click here now . The stoker oscillator is flashing a fabulous buy signal this morning, plus Ive set a $23.50 intermediate trend target, based roughly on the 161% Fibonacci retracement line. Hi, ho, silver! Special Offer For Website Readers: Please send me an Email to freereports4@gracelandupdates.com and Ill send you my free Thunder Down Under Scorecard! report. Now that the smoke within the 2011 2013 decline is clearing, certain Australian gold stocks look set to lead indexes like GDXJ. Ill show you the best ones Im focused on, plus where to purchase them! 2yr: $269 (over 500 issues) 1yr: $169 (over 250 issues) 6 mths: $99 (over 125 issues) To pay by cheque, create cheque payable to Stewart Thomson Mail to: Stewart Thomson / 1276 Lakeview Drive / Oakville, Ontario L6H 2M8 Canada Stewart Thomson is a retired Merrill Lynch broker. Stewart writes the Graceland Updates daily between 4am-7am. These are generally delivered out around 8am-9am. The newsletter is attractively priced as well as the formatting is a specific numbered point form. Giving clarity of every point and saving useful reading time. Risks, Disclaimers, Legal Stewart Thomson is no longer an investment advisor. The information offered by Stewart plus Graceland Updates is for general info purposes only. Before taking any action on any investment, it is important that you consult with numerous properly licensed, experienced and qualifed investment advisors and get many opinions before taking any action. The minimal risk about any investment inside the planet is: 100% reduction of all the money. You can be taking or getting ready to take leveraged positions inside investments and not learn it, exposing yourself to unlimited risks.
Read the total post at http://news.goldseek.com/GoldSeek/1407862018.php

‘who?s It For?’ Launches Multiple New Ranges Of Fine Jewellery

Three fresh ranges of jewellery may now be accessible for purchase online, providing more wonderful options for consumers. The unique jewellery brands which are today available are based inside the UK. They provide a distinctive plus creative visual. ‘Whos it for?’ is happy to offer these special brands for their shoppers. I Love a Lassie Designer Silver Jewellery ‘Whos it for?’ is proud to declare that they is selling jewellery from this fresh up and coming Scottish design brand called I Love a Lassie, that is a new Scottish jewellery design company which is creating a range of fairly special jewellery. Each of their pieces is cast in strong sterling silver as well as are accessible in a range of different finishes, from rose gold vermeil to black rhodium to gold vermeil to silver. This luxurious brand has been showcased in French Vogue. The I Love the Lassie jewellery is hand-finished in the workshop in Edinburgh and has the traditional Edinburgh Castle hallmark. ‘Whos it for?’ stocks three ranges of the jewellery, the Bawbee Coin, Antique Lace and the Knotted String. Amanda Coleman Jewellery Another wonderful hot brand that usually today be obtainable in the internet shop is Amanda Coleman. This stylish jewellery brand has been featured inside the hit and even Charlotte Church is a enthusiast! Amanda Coleman is a jewellery designer that lives inside Lincoln along with her husband plus their two children. She makes her work by hand and supplies stores and museums all over the UK, Japan and Europe.
Read the total post at http://www.prweb.com/releases/2014/08/prweb12079410.htm

Gold rises about safe-haven bids as Ukraine tensions hurt equities – Yahoo Finance

Spot gold rose 0.3 % to $1,291.80 an ounce by 0623 GMT, following closing flat inside the previous session. U.S. gold was up regarding $7 to $1,292.70. “Gold can face difficulty breaking through $1,300 considering the dollar is doing certainly well,” said Chen Min, a precious metals analyst at Jinrui Futures inside Shenzhen. “The just supporting element is geopolitical tensions, and unless tensions escalate drastically over Ukraine, gold won’t be capable to gain much,” she said. Geopolitical tensions inside Ukraine and the Middle East have mostly been responsible for gold’s 7 percent gain this year. Gold, frequently seen as alternative investment to riskier assets like equities, might gain if stocks fall further. Bullion investors continued to keep an eye on economic data, following a Tuesday report showed modern orders for U.S. factory goods rose more than expected inside June. Recent U.S. information pointing to strengthening financial activity has weighed on gold’s appeal on worries that financial policy may soon be tightened. The bodily markets have failed to offer support to costs lately due to the seasonally quiet summer period. Premiums inside top buyer China have been stuck at $2-$3 an ounce plus need is a lot weaker than last year, dealers said.
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Gold Rises About Safe-haven Bids Because Ukraine Tensions Hurt Equities – Yahoo Finance

View photo Gold bars are stacked at a secure deposit space of the ProAurum gold house inside Munich March 6, 2014. REUTERS/Michael Dalder/Files By A. Ananthalakshmi SINGAPORE (Reuters) – Gold ticked up slightly on Wednesday plus can benefit from a bout of marketplace risk aversion because fears of improving military action along the Ukraine edge put global equities below stress. Asian stocks slipped about Wednesday whilst the U.S. dollar held near a 11-month significant, after Polish foreign minister Radoslaw Sikorski mentioned Russia has gathered military forces at the edge with Ukraine to either place pressure on the neighbouring nation or to enter it. Spot gold rose 0.3 % to $1,291.80 an ounce by 0623 GMT, after closing flat in the previous session. U.S. gold was up about $7 to $1,292.70. “Gold may face difficulty breaking through $1,300 because the dollar is doing really well,” mentioned Chen Min, a valuable metals analyst at Jinrui Futures in Shenzhen. “The only supporting element is geopolitical tensions, and unless tensions escalate drastically over Ukraine, gold won’t be capable to gain much,” she mentioned. Geopolitical tensions in Ukraine plus the Middle East have largely been responsible for gold’s 7 percent gain this year. Gold, often enjoyed as alternative investment to riskier assets like equities, can gain when stocks fall further. Bullion investors continued to keep an eye on financial data, after a Tuesday report showed brand-new orders for U.S. factory goods rose more than expected in June. Recent U.S. data pointing to strengthening financial activity has weighed on gold’s appeal on worries which financial plan can shortly be tightened. The bodily markets have failed to offer support to costs lately due to the seasonally quiet summer period. Premiums inside top buyer China have been stuck at $2-$3 an ounce plus demand is much weaker than last year, dealers said. Chinese gold jewellery demand fell for the first-time inside eight years inside the next quarter plus may drop because much because 20 percent inside the full year, a leading valuable metals consultancy said last week. Among other precious metals, silver ticked up after dropping to a seven-week low in the previous session on sturdy U.S.
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Buyout Firm Catterton Acquires Bali-inspired Jeweller John Hardy – Yahoo Finance

View photo Gold bars are stacked at a secure deposit room of the ProAurum gold home in Munich March 6, 2014. REUTERS/Michael Dalder/Files By A. Ananthalakshmi SINGAPORE (Reuters) – Gold ticked up slightly about Wednesday plus may benefit from a bout of market risk aversion because fears of increasing military action along the Ukraine border put international equities under pressure. Asian stocks slipped on Wednesday while the U.S. dollar held near a 11-month high, after Polish foreign minister Radoslaw Sikorski said Russia has gathered military forces at the edge with Ukraine to either put pressure found on the neighbouring nation or to enter it. Spot gold rose 0.3 percent to $1,291.80 an ounce by 0623 GMT, following closing flat inside the past session. U.S. gold was up regarding $7 to $1,292.70. “Gold could face difficulty breaking by $1,300 because the dollar is doing actually well,” mentioned Chen Min, a precious metals analyst at Jinrui Futures inside Shenzhen. “The just supporting element is geopolitical tensions, and unless tensions escalate dramatically over Ukraine, gold aren’t capable to gain much,” she mentioned. Geopolitical tensions in Ukraine plus the Middle East have mostly been responsible for gold’s 7 % gain this year. Gold, usually enjoyed because alternative investment to riskier assets like equities, can gain when stocks fall further. Bullion investors continued to keep an eye on financial information, following a Tuesday report showed new orders for U.S. factory goods rose over expected inside June. Recent U.S. information pointing to strengthening economic activity has weighed on gold’s appeal about fears which financial policy can soon be tightened. The physical markets have failed to provide support to prices recently due to the seasonally quiet summer period. Premiums in top buyer China have been stuck at $2-$3 an ounce and demand is much weaker than last year, dealers said. Chinese gold jewellery demand fell for the first-time inside 8 years in the second quarter and could drop as much because 20 percent inside the full year, a leading valuable metals consultancy mentioned last week. Among alternative valuable metals, silver ticked up following dropping to a seven-week low inside the previous session on strong U.S. data and a higher dollar. (Reporting by A. Ananthalakshmi; Editing by Richard Pullin) Commodity Markets
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Gold rises about safe-haven bids as Ukraine tensions hurt equities – Yahoo Finance

private equity fast Catterton Partners has acquired Bali-inspired jeweller John Hardy for an undisclosed sum, closing a transaction which took months to negotiate. The deal, that Reuters initially reported inside May, features growing investor interest inside a sector outpacing the broader luxury industry thanks inside part to financially independent Asian ladies. While luxury watchmakers are struggling with a crackdown inside China about gift-giving to officials plus many fashion plus accessories brands point to slowing growth inside a range of emerging markets, jewellers are proving more resistant. John Hardy, a rival of jewellers in the United States these as David Yurman, sells Asia-themed wares these as $225 silver dragon earrings also as men’s jewellery, a fast-growing marketplace, with beads and sailing cord bracelets. The company is headquartered inside Hong Kong, its products are made in Bali however the volume of revenue is generated in the United States, Canada as well as the Caribbean. The brand simply finalized supermodel Cara Delevingne to function as the face of its brand-new campaign. As piece of the transaction, Catterton acquired a 22.4 percent stake held by British private equity fast 3i. Total proceeds to 3i including the stake, preferred shares plus dividend payments is about 26 million pounds, with a further 2 million in expected deferred consideration, 3i said in a separate statement. The overall terms of deal were not disclosed however sources close to John Hardy had provided the jewellery an enterprise value – equity and debt – of between $100 plus $120 million. Damien Dernoncourt, that was chief executive of John Hardy plus its controlling shareholder, can become non-executive chairman and retain a stake inside the business, Catterton said. He might be replaced by Robert Hanson, former CEO of American Eagle Outfitters plus past worldwide president of Levi’s. “We are confident that John Hardy offers significant upside by multiple paths for expansion, plus look forward to using Robert as well as the whole team at John Hardy to capitalize about new marketplace opportunities plus realize the company’s immense potential,” Michael Chu, managing partner at Catterton, said. Catterton equally owns around 22 % of Paris-listed crystals professional Baccarat because 2012 plus acts in concert with investment firm Starwood Capital which controls the organization. John Hardy was advised by investment bank Rothschild. (Reporting by Astrid Wendlandt; Editing by Mark Potter) Mergers, Acquisitions & Takeovers
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