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Thieves rob armored truck on French highway

france gold theft

PARIS -- Police said they are hunting fields and towns in southeast France for four thieves who stole dozens of kilograms of gold Monday from an armored truck before setting cars ablaze near a major highway.

The thieves, operating in two cars, surrounded the armored truck and forced it off the A6 highway between Paris and Lyon, a national gendarme service spokesman said.

They then seized the gold, locked the two delivery men in the back of the truck, and set one of their own cars on fire before fleeing, according to the spokesman.


JA promotes holiday gift ideas nationwide

JA AmandaPromotions include a television tour, consumer holiday e-mails and sweepstakes

(NEW YORK) - Jewelers of America (JA) is promoting holiday gift ideas and JA Member jewelers through a variety of nationwide public relations and marketing activities. The association has expanded their outreach to consumers in advance of the holiday season through a multi-city television tour, a national digital advertising campaign, e-mail promotions, online gift guides and an ammolite sweepstakes sponsored by Korite.

Deutsche Bank to pay $60 million to settle US gold price-fixing case

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Deutsche Bank has agreed to pay $60 million to settle private U.S. antitrust litigation by traders and other investors who accused the German bank of conspiring to manipulate gold prices at their expense.

The preliminary settlement was filed on Friday with the U.S. District Court in Manhattan, and requires a judge's approval.

Deutsche Bank denied wrongdoing. The bank in October agreed to pay $38 million to settle similar litigation over alleged silver price manipulation.

Can a solid returns policy make or break a luxury goods sale?

Think back to the last time you shopped online. What were some of the factors you took into consideration before putting an item in your cart and hitting the checkout button? Product reviews, maybe? Discounts or promotions? Free shipping, perhaps? And, if you’re like me, you looked for an easy and hassle-free returns process.

IGI featured on National Public Radio

Institute executive provides insight for consumers on lab-grown diamonds

(NEW YORK) - A hot topic in the news of late, National Public Radio (NPR) recently tapped IGI for its independent expert assessment of the lab-grown diamond development landscape. Along with other highly respected industry advocates, IGI Executive Director David Weinstein was featured on last week’s segment, titled “Lab-Grown Diamonds Come into Their Own,” which spotlights Weinstein’s view on the history and progression of lab-grown diamonds.

Police searching for man who stole $1.6 million bucket of gold

gold

The New York City police are looking for a quick-thinking thief who stole an 86-pound bucket of gold flakes worth nearly $1.6 million off an armored truck in Manhattan.

The unidentified thief swiped the 5-gallon metal bucket off the back of the vehicle on September 29 when a guard briefly went to the truck's cab, reportedly to retrieve his cellphone.

The incident occurred in broad daylight on West 48th Street in Midtown Manhattan.

The armored truck was making a pickup in front of 48 West 48th street between Fifth and Sixth avenues. The police say the suspect most likely didn't know what the bucket contained.

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