Rising precious metal prices mean gold medals for the London 2012 Olympics are likely to be more expensive than ever before. According to a report by CNN, gold prices have risen by 280% since the 1988 Beijing Olympics. For the Sydney Olympics, it cost just $310 an ounce. The precious metal has hit a record [...] Read the rest of this entry »

One of the British Government's big drives to cut 'red tape' - or needless paperwork - for businesses will not affect hallmarking, it has been revealed. Business secretary Vince Cable MP confirmed that hallmarking for precious metals will not be scrapped under the review. It had been one of many apparent "red tape" measures that [...] Read the rest of this entry »

Gold has reached record high prices for the sixth time in two weeks. The price of gold has risen overall by about 14% since the start of the year, according to Reuters. Having hit $1,625.24 an ounce, it levelled off then grew 0.3% on Wednesday to $1,623.10. The rise is having an effect across precious [...] Read the rest of this entry »

The cost of gold has dipped and levelled off after a period of record prices, according to Reuters. Gold had shot up to a record $1,622 an ounce on Monday, as fears over the European debt crisis and ongoing US debt ceiling talks saw investors plough money into precious metals. However, the price seems to [...] Read the rest of this entry »

The International Jewellery London exhibition is offering one new designer the chance to try a top style service for a year. Jewellers on the KickStart bursary scheme could be in with a chance of winning a year's subscription to the StyleSight trend service as part of the KickStart Trend Award. StyleSight offers a range of [...] Read the rest of this entry »

The Duchess of Cambridge, Kate Middleton, has received a new jewellery gift from husband Prince William. The prince proposed to Kate using a 19 carat diamond and sapphire ring which once belonged to his late mother, Princess Diana. Now the prince has given Kate a new piece from Diana's favourite jewellery collection - a pair [...] Read the rest of this entry »

A London jewellery boutique is offering graduates a chance to sell their designs in its store. It is the second year that EC One, recent winner of Retail Jeweller's Boutique of the Year award, has run the Unsigned competition. The competition is aimed specifically at those who have completed a design course at university in [...] Read the rest of this entry »

The clamour for gold has slowed somewhat after reassurances over Euro debt and the US financial crisis. Investors had been pumping cash into gold over the past fortnight, helping the precious metal rise to a year-high $1,600 per ounce. Many forecasters predicted that the trend - which goes against a traditional summer lull in precious [...] Read the rest of this entry »

Plans for a huge gold and silver mine in Scotland are being mooted as a way to boost the country's export income and tourism. ScotGold Resources want to set up a precious metal mine in the Loch Lomond National Park. They claim around 567kg of gold and 2,268kg of silver could be extracted from the [...] Read the rest of this entry »

World-famous author JK Rowling has received a special thank-you from the film studio which produced the films: a multi-million pound diamond bracelet. Rowling, 45, is now a billionaire, having seen her Harry Potter books sell millions of copies worldwide. The spin-off series of Hollywood movies have also proved popular, and are amongst highest-grossing movies ever [...] Read the rest of this entry »