Friday, May 07, 2021

Tag: gold

Jewelry and bullion sales prop up gold demand as investors flee gold ETFs – WGC

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(Kitco News) – The gold market went back to basics in the first quarter of 2021 as demand for jewelry and physical bars and coins supported a sharp drop in investment demand, according to the latest research from the World Gold Council (WGC).

In its quarterly Global Demand Trends report, the WGC said that physical demand for the precious metal totaled 815.7 tonnes, virtually

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Does Recycled Gold Herald a Greener Future for Jewelry?

With economics and industrial engineering degrees from the University of California, Berkeley, and Stanford, and a decade working at Tesla, the electric-car company where her husband was a co-founder, Boryana Straubel had long set her sights on the technology revolutions spawned in and around Silicon Valley.

Batteries and solar energy were firmly on her radar. Fashion and jewelry were not. At least until several years ago, when she began learning about the devastating toll those industries take on the planet.

“If you told me five years ago that I would end up starting a jewelry business, I simply would

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Nikki Reed Makes Sustainable Fine Jewelry from Recovered Gold

Refinery29

Here’s What It Takes For Fashion Brands To Be Sustainable. Can The Industry Be Saved?

This story was originally published on September 25, 2020. By now, the fashion industry’s harmful effects on the environment are well-known. With natural resources being used faster than they can be renewed, and more clothing produced by brands (and thrown out by consumers) than ever before, the environmental impact of the industry, as it currently operates, is catastrophic. “In the U.S., 11 million tons of textiles go into landfills every year,” says Kristy Caylor, CEO and co-founder of For Days, a zero-waste, organic line

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Canada border agency nabs Scarborough, Ont. man in $1,000,000 gold jewelry smuggling operation

The Canada Border Services Agency (CBSA) announced that a two-year investigation has led to the conviction of a Toronto man, and corporation, for smuggling gold jewelry into Canada.

“This successful prosecution highlights the tireless work and great investigative efforts of both CBSA border services officers and our criminal investigations team,” a statement from Lisa Janes, CBSA regional director general, Greater Toronto Area Region, reads. “The discovery of this [jewelry] smuggling scheme demonstrates our commitment to ensuring the integrity of Canada’s border laws and economy.”

Back in early 2018, border officers at Toronto Pearson International Airport seized a “large quantity” of

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