Gold prices touched a more than 3-month peak on May 17, boosted by a fall in U.S. Treasury yields and concerns over a resurgence of coronavirus in Asian countries. Analysts see a bullish outlook for the yellow metal due to fears over rising inflation. Gold broke above resistance at $1,850 and traded at $1,853.06 per […]
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Gold prices jumped to a seven-week peak on April 16 boosted by softening U.S. Treasury yields and a weaker dollar, and underpinned by inflationary worries after higher-than-expected consumer prices data in the United States. Gold was up 0.8 percent to $1,779.07 per ounce on April 16, after touching $1,783.55, its highest since February 25. The [...]Continue Reading
Gold traded little changed in mid-March, underpinned by a huge U.S. stimulus package, with analysts divided over the near-term price outlook for the yellow metal after prices recovered from a nine-month low last week pressured by rising bond yields. With stimulus cheques going out to Americans following the passage through Congress of U.S. President Joe [...]Continue Reading
Gold edged lower on higher U.S. Treasury yields in mid-February, with sentiment mixed over the near-term outlook for bullion prices. Gold, which bears no yield, was down 0.26 percent to $1,819.90 per ounce on February 15, after U.S. Treasury yields surged to a near 11-month high on February 12. Gold was losing its “safe haven” [...]Continue Reading
Gold erased initial gains after the inauguration of President Joe Biden, pressured by a firmer dollar while being supported by its appeal as a hedge against inflation due to a proposed U.S. $1.9 trillion stimulus package. Gold was down 1 percent at $1,851.50 per ounce on January 22, weighed by the strengthening dollar, which can [...]Continue Reading
Surging cases of coronavirus, boosting prospects for emergency economic stimulus measures, are pushing up gold prices despite progress in the international rollout of vaccines. Expectations of further U.S. stimulus measures by the U.S. Federal Reserve (central bank) to assuage the impact of coronavirus on the livelihoods of millions of Americans, combined with optimism over efforts [...]Continue Reading
The name ‘garnet’ comes from the Latin ‘granatum’ meaning pomegranate, due to how the crystal resembles the seeds of this delicious fruit. It was said that the jewel possessed the ability to illuminate even the darkest of rooms, and it is written that Noah used the gem to light the inside of the ark. A […]
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The National Gallery Company, in collaboration with PureJewels, has launched its first jewellery collection inspired by the new Artemisia exhibition on show at the National Gallery in London. In 17th-century Europe, at a time when women artists were not easily accepted, Artemisia Gentileschi was exceptional. She challenged conventions and defied expectations to become a successful [...]Continue Reading
Renowned artists Paul Klee remarked, “Colour possesses me”. We believe in the same sentiment, especially if they are colours of a gemstone. Known for its dazzling hues, tourmaline was once believed to aid medical conditions. The unparalleled colour range of tourmaline makes it an ideal companion for designer gemstones and a substitute for the big [...]Continue Reading
LONDON, November 2019 - East London jeweller PureJewels won gongs for e-commerce and innovation at the Newham Chamber of Commerce business awards this month. PureJewels won the e-commerce award in recognition of the 20 percent monthly growth in visits to its e-commerce site, which has transformed the retailer into one of the most visible suppliers [...]Continue Reading
PureJewels launches retail partnership with Ainsworth Jewellers of Blackburn, Lancashire. London Jeweller PureJewels, which supplies high purity gold and platinum jewellery mainly to the British Asian market, has launched its first ‘authorised’ retail partnership in collaboration with Ainsworth Jewellers of Blackburn, Lancashire. Under this relationship, Ainsworth Jewellers will be stockists of PureJewels’ collections. “This collaboration [...]Continue Reading
Gold prices slipped in mid-October, pressured by a stronger dollar as prospects faded for a new economic stimulus deal before the November 3 presidential election in the United States. The dollar’s appeal to investors as a safe haven during the pandemic has grown, and has made dollar-denominated gold more expensive to savers and investors holding [...]Continue Reading
A curated guide to everything about sapphires Anita Loos very fondly remarked, “A kiss on the hand may feel very, very good, but a diamond and sapphire bracelet lasts forever”. History has been a testimony to the allure of a blue sapphire gemstone. It was a 182-carat cabochon-cut sapphire, nicknamed the “The Bombay Star” that […]
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Gold appears set to remain well-supported due to historically low interest rates, quantitative easing, and fiscal and political concerns, despite optimism that the U.S. economy will recover quicker than expected. Gold slipped as the dollar rose on September 17 after the Federal Reserve (U.S. central bank) signalled it expected the recovery of the world’s largest [...]Continue Reading
Gold prices retreated in mid-August after hitting an all-time high, taking a breather after a rally seen by many analysts as “too far, too fast.” However, after consolidating, gold seems poised to renew gains, supported by the havoc reaped by coronavirus on the global economy, which is set to trigger more monetary stimulus. […]
Continue ReadingGold held above key support at $1,800 per ounce in mid-July and eyed further potential gains due to its safe-haven appeal. Gold’s potential to rise further is due to fears over a possible second wave of coronavirus cases; expectations for more monetary stimulus to kickstart economies, and deteriorating U.S.-China relations. Donald Trump signed an executive […]
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The joy of opening a jewellery box and discovering a beautiful piece bought with consideration and thoughtfulness is an experience that imbues a simple gift with deeper meaning. In this guide, we hope to provide you with inspiration and ideas to help you purchase a jewellery gift for a loved one, friend or colleague that [...]Continue Reading
Fears of a second wave of coronavirus, stoked by Beijing’s crackdown after a surge in cases, are supporting gold. Gold prices held above $1,700 an ounce in mid-June, underpinned by news of the cluster of new cases around a food market in the Chinese capital. The number of cases of the novel coronavirus has also […]
Continue ReadingGold prices hit a more than three-week high in mid-May, buoyed by worsening tensions between the United States and China, and seem set to rise further underpinned by central bank stimulus. Gold was at $1,737.50 per ounce on May 15, its highest level since April 23, benefiting from its safe haven status due to rising […]
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Guide to Invest in Gold In the greek mythology Midas’s Touch, King Midas is granted a wish. He decides to ask for - anything that he touches, should turn into gold. It is very evident from a greek myth also that gold is precious. Gold has always been an epitome of wealth and security. Gold [...]Continue Reading