Monday, January 31, 2011

Natalie Portman Shows off Eco-Friendly Engagement Ring

Actress, Natalie Portman, has been showing off her diamond engagement ring given to her by fiancĂ©, Benjamin Millepied, who is the choreographer of the movie, “Black Swan.”   
The engagement features an antique diamond surrounded by certified conflict-free stones with a band made from recycled platinum.

Photo by Getty


















Friday, January 21, 2011

Gold’s value in the stock market this week.

This week the price of gold has dropped 1.4% (currently priced at 1,342 an ounce on the Comex division. The fluctuations of gold have been met with more dips and fewer gains.

So what are the possible reasons for these fluctuations? The outlook of an improving economy may be putting gold under pressure as low interest rates may be coming to an end. However Federal Reserve officials will most likely keep interest rates on hold until later this year which results in an undervalued US dollar and a benign interest rate environment for precious metals such as gold.
The dollar index has declined by .86% or 78.15. With a weaker dollar, the price of precious metals and other commodities becomes less expensive for holders of other currencies. To investors, the volatility of gold remains uninterrupted in the market

http://www.marketwatch.com/story/gold-silver-extend-losses-as-stocks-gain-2011-01-21

Wednesday, January 19, 2011

Cleaning Everyday Jewelry Made Simple

Have you ever thought it would be too difficult to get jewelry cleaned without a professional jeweler? With a few simple steps and every day cleaners in your household you can bring that shine and sleek look to your jewelry.

A few common problems with jewelry are tarnished metals, residue in or around the settings and worn looking pearls.

Before proceeding with cleaning your jewelry you might want to think about using a strainer or drain protector so you don’t have any problems with loosing jewelry:

For rings and jewelry made from silver tarnish is a major common problem that’s hard to overlook. To solve this problem use a few drops of mild dish detergent into warm water. Dip a small clean non-abrasive cloth into the mixture and massage the jewelry. Proceed to rinse in a cool water and then buff with a polishing cloth such as a Selvyt cloth. If you find that you have deep discoloration and tarnish try mixing 3 parts of baking soda to one part water. Repeat the steps above but remember to avoid abrasive cloths which can scratch jewelry. Wash, rinse, and buff but don’t soak.


Photo by: Golden Treasures Jewelers

Gold jewelry with settings, with the majority of rings, tends to be the dirtiest accessory by the end of the day.  The facets and prongs have collected an assortment of debris ranging from lotions, soaps, and dirt which can offset the glimmer and make your jewelry look unappealing. The solution for this type of cleaning is also simple; it just takes a few drops of mild dish soap and club soda. Allow the jewelry to soak in the solution for around 5 minutes and take a soft bristled toothbrush and scrub the crevices of your jewelry. Rinse your jewelry and then dry with a soft cloth.

For pearls, cleaning requires a bit more gentle approach. Lay the strand of pearls on a soft cloth and dip a clean make up brush to a solution of warm water and shampoo. Take the brush and go over each pearl and then use a damp cloth and gently wipe each pearl.



Wednesday, January 12, 2011

Gold Prices Continue to Increase

Gold has added another $1.50 to the $1,385.80 an ounce on the Comex division of the New York Mercantile Exchange. With financial and economic pressure plaguing Europe, gold has become a safe metal for investors. President of T & K Futures and Options Inc. stated investors likely snapped up gold during the lower prices after two days of gains. The issue at hand is Portugal as it is being closely observed by investors who doubt the country’s ability to meet financing needs in the long term as there have been continual cycles of unsustainable debt, financial turbulence and sub-optimal growth.

Monday, January 10, 2011

Gold Gains a Strong Footing as Economic Concerns Grow

The price of gold has been seeing a continuous losing streak over the last couple weeks with small to barely any noticeable gains. As we entered into February, gold has delivered with a significant $1,374 per ounce.

The reason for this increase in precious metals is due to Europe’s worsening debt and troubling economic conditions in the US. Carlos Sanchez of the CPM Group in New York states that, “Financial, economic and political concerns continue to be supportive of gold.”

The dollar index, which is compared to 6 other currencies, found itself in a continuous loss with today reaching 80.88, a -.16% change from its close of 81.01.

Speculation that Portugal is preparing an international monetary fund bailout had weakened the euro.

http://www.marketwatch.com/story/gold-declines-modestly-on-rising-dollar-2011-01-10

Tuesday, December 21, 2010

The Momentum Continues for Jewelry Sales

A macroeconomic report labeled, Spending Pulse, reported that November’s sales momentum has continued into the second week of December making steady increases in sales. In comparison with Chistmas of 2009, the sale of jewelry during this season has improved by 2.9%

http://www.rapnet.com/News/NewsItem.aspx?ArticleID=33821

Monday, December 20, 2010

$11 Million Dollar Tree, The Ornament of Attention

The luxurious Emirates Palace Hotel in Abu Dhabi, renowned for hosting the 11 million dollar Jewel adorned Christmas tree, is under criticism.  Some critics have claimed that the 40 foot tree is too extravagant and being over the top with its 181 diamonds, pearls, emeralds, sapphires and other precious stones.


Standing Tall, the 40 foot jewel decorated Christmas Tree

It’s not unusual for this seven star establishment to embellish its fortune as their one week stay package values at one million dollars. Of course, the perks for the one million include a personal butler and chauffer driven luxury car and private jet to visit local countries within the region.


http://news.yahoo.com/s/afp/20101219/od_afp/uaehotelchristmasoffbeat