Last updateFri, 22 Sep 2017 12pm

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Will Brexit Send Gold to $1,400


Gold could climb as high as $1,400 a troy ounce if British residents vote to exit the European Union in a June 23 referendum, analysts at Capital Economics said.

A British exit from the EU would, by itself, not be a big deal, as the U.K. is likely to remain a member of the European Union for another two years or longer, the firm said.

Investigators suspect link between diamond dealer robbery and carjacking/murder


The FBI and DFW Airport police are taking a close look at a violent aggravated robbery of a diamond dealer in Arlington last week. They want to know if it's connected to a kidnapping and homicide near the airport Thursday afternoon.

Surveillance video shows last week's dramatic robbery play out, where thieves robbed the diamond dealer from New York as he was gassing up his rental car on the way back from the DFW airport.

AGTA & JA to add Spinel as an Official Birthstone for August

The revised birthstone list will launch to consumers later this summer

(NEW YORK) - The American Gem Trade Association (AGTA), the authoritative source on natural colored gemstones, and Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, have announced that spinel will join the official list of birthstones as an additional gemstone for the month of August. The new birthstone will launch to consumers in July, through a public relations and marketing campaign led by JA, which established the modern birthstone list in 1912.

Vardi Company partners with Jewelers For Children to launch the Million Key Movement

Vardi logoVardi Company has launched a nationwide, causal-related jewelry program “The Million Key Movement” for the Love is the Key® brand in conjunction with Jewelers For Children (JFC). They are enlisting major retailers as well as independent retailers to participate in the program.  Steven Vardi, CEO of Vardi Company, explained: “We launched this program to make a significant impact and our goal is to generate the largest ever charitable contribution to JFC of $1,000,000+ as well as to spread the positive brand message of Love is the Key®.”

Perhaps a Tagline Is Not Forever

A report surfaced in Reuters this week that the Diamond Producers Association (DPA), set up last year to help spur diamond demand, has decided to launch a new slogan in June to replace “A Diamond is Forever.”

Canadian company looking for gold in South Carolina


COLUMBIA, SC A Canadian corporation is looking for gold in an area of South Carolina near the historic Brewer mine, an abandoned operation that once produced tons of the precious mineral but today is undergoing a major pollution cleanup.

Pancontinental Uranium Corp. said in a news release last week that it had acquired 100 percent interest in a “high potential, advanced exploration stage gold project’’ in “mining friendly South Carolina.”

The SJG Smart Business Report

Sponsored content from the Southern Jewelers Guild

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