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The Importance of Hallmark in Thailand’s Jewelry Industry

Precious metals like gold, platinum and silver have long been used in jewelry making due to their beauty, endurance and intrinsic value which makes them suitable for wealth preservation. However, a problem may arise in the exchange of precious metal jewelry. Inconsistency in quality and pricing makes it difficult for jewelers to accept pieces from other shops, and consumers need to sell their jewelry only at the shop where they bought it. To solve this problem, the ‘hallmark’ certification was developed as an international quality standard for precious metal.
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Thailand’s Gem and Jewelry Export Performance (Jan-Mar, 2019)

Thailand’s gem and jewelry export from January to March 2019 fell by 1.18 percent with the value of USD 3,166.98 million compared to the value of USD 3,204.72 million of the same period of 2018. It was the third most important export product with a 5.11 percent share of Thailand’s gross export value. However, excluding gold export value, Thailand’s actual export value of gem and jewelry was at USD 1,958.15 million with a 6.02 percent slip year on year.
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Jewelry and Technology: Beauty and Value of Your Choice

Digital smart jewelry is a new product which is being marketed. As a result, its business potential attracts manufacturers and consumers. Despite having been available in the market for a while, it still holds potential for constant growth. The market for this product is still at an initial stage of a product life cycle. Manufacturers have constantly been researching and developing on what consumers or wearers place importance, whether related to safety of a jewelry piece, security of personal information in some jewelry products, or service life and care. Thus, this type of jewelry has been available in the market in different designs and electronic functionalities for consumers to choose according to their preference. 
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ข่าวธุรกิจอัญมณีและเครื่องประดับ

 

De Beers’ Blockchain Platform Hopes to Track Every Diamond

Tracr, the blockchain platform originally launched by De Beers, aims one day to track almost every natural diamond from the mine to the retail counter, chief executive officer Jim Duffy (pictured below) told JCK at an interview during JCK Las Vegas.

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Younger Consumers Expect Engagement Rings to Cost Less Than $2,500

An overwhelming majority of Generation Z and millennial consumers feel an engagement ring should cost less than $2,500, according to a new study from TD Ameritrade on young Americans and marriage, conducted by the Harris Poll.
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De Beers' diamond sales dip on economic uncertainties

Diamond mining giant De Beers sold a total of US$415 million worth of rough diamonds for the 4th sales cycle of 2019, representing a huge drop from the same period last year.
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Calendar

 
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Name ASIA PACIFIC Precious Metals Conference

Location PARKROYAL on Beach Road, Singapore

Date 09/06/2019 To 11/06/2019

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Name JUBINALE

Location International Exhibition and Convention Centre Expo Krakow, at Galicyjska 9, Poland

Date 13/06/2019 To 15/06/2019

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Name Hyderabad Jewellery, Pearl and Gem Fair

Location HICC, Novotel, Hyderabad, India

Date 14/06/2019 To 16/06/2019

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Name 43rd Annual Conference

Location PepperMill Resort and Casino Reno, Nevada, United States

Date 15/06/2019 To 15/06/2019

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Name IPMI 42nd Conference

Location PepperMill Resort and Casino, United States

Date 15/06/2019 To 18/06/2019

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Name June Hong Kong Jewellery & Gem Fair

Location Hong Kong Convention & Exhibition Centre, Hong Kong

Date 20/06/2019 To 23/06/2019

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