Saturday, August 26, 2006

The Jewellers’ Association of Australia’s Annual Fair Sydney 2006 – What’s Hot Around the World?

Thousands of visitors from the Australian jewellery trade, retailers, manufacturers, bench jewellers, goldsmiths, silversmiths attended the annual fair to see the latest products on show from hundreds of exhibitors from all over the world.

There is nothing new under the sun. Well perhaps there isn’t but there certainly can be new twists put on old themes and that is certainly evident in the jewellery fashion world.

The world economies are changing and China is playing a big part in jewellery manufacture and China equals cheap. In Australia sales have been dampened by rising fuel prices, rising interest rates and massively rising gold and silver prices. But it doesn’t mean that people have stopped buying jewellery.

As a response to these negative economic conditions new metals are looming as the popular choice. We are seeing titanium, tungsten, and stainless steel taking over some of the role of the precious metals gold and silver. These are exciting metals and a lot can be done with them that might not be done with other metals. Also, white gold is the most expensive of the gold varieties and with a huge surge in the gold price what can we do? Well palladium is the answer. It is a beautiful metal and is strong and a sparkling white. It doesn’t need to be rhodium plated and in my opinion it looks better than white gold or platinum and it is less expensive.

Big is the word of today. We are seeing huge mens’ watches. At first I have to laugh but then they grow on you. Of course you don’t have to agree with the fashions you just have to keep up with them!

Beads and all things beaded and big beads are popular. Well, that’s been happening for a while but it doesn’t show any signs of waning. Bright coloured beaded jewellery is looming large. The best part about beaded jewellery is that it is cheap. You can buy a lot of it for very little and you can even make it yourself. Beaded gemstone jewellery is raging. I like because you get beads like garnets, pearls, opalite, and so on all very inexpensively. They are the poorer quality pieces of the mining process but what a terrific way to use them.

Diamonds are still in flavour which is evidenced by the fact that one and a half million dollars worth were stolen from one exhibitor as his wears were being transported to the fair. Diamonds are coming in all colours now and this is making a resurgence in the desire for the timeless stone.

Other gemstones are being set in invisible settings and this is becoming very popular. All that glittering metal which traditionally holds the stones in place is cleverly being replaced by another form of setting which makes the setting method invisible. I like it.

Silver jewellery is surging as a response to the increased cost of white gold but it always had its loyal followers in any case.

I am pleased to see that amber and amber jewellery from the far Baltic shores is still very popular.

All in all, my view of what I have seen and talked about shows that all the old favourites like opals are still holding their ground but big, bright, glitzy jewellery is on the rise!

Thursday, August 24, 2006

My Gold Jewellery – Is it worth more Today?

As I write gold is worth about $630 US an ounce. Since August 2005 the price of gold has risen from $447 US which represents a whopping 43% increase.

So yes, your jewellery must be worth a little more if it is made of gold. Silver too has increased a good deal.
However, don’t forget that the gold in your jewellery is made from an alloy of gold. That means that other, usually less costly metals, are mixed in with the pure gold to make its carat.

Chinese people like to buy jewellery made from 24 carat gold and some folks from the Arabic counties prefer 22 carat gold, but the rest of the world likes 9 carat which is the most used in Australia and a good deal in England, 14 carat and 18 carat which is used in the USA and Europe.

Let’s have a look at the factors that are important to the price of your jewellery. If your gold jewellery is made from nine carat yellow gold then it only has 37.5 percent gold in it, if it is 14 carat then it only has 58.5 percent real gold in it.

Now understand that an average ladies ring might have 2.5 grams of gold in it and at current retail rates that gold content might be worth say, $30 per gram. So if gold went up a further 50% then the gold in your ring won’t go up 50% because it is an alloy and not pure gold, and there is only a small bit of gold in the ring so your $600 ring might be worth another $30 or so.

Jewellery is priced on not just the cost of the gold content and the cost of even the precious stones but also the difficulty to manufacture it, and the design and the brand name of the manufacturer.

Gary Hocking is an Australian manufacturing jeweller and has his own website http://www.jewelleryexpress.com.au He will make that special piece of jewellery just for you. Ask him about custom jewellery work. You may copy and distribute this article as long as you use the bio and live link to his website.

Tuesday, August 22, 2006

Sydney jewellery Trade Fair.

The Australian Jewellers Association jewellery fair for the trade has just ended after three days in Sydney.
There were hundreds of exhibitors from all over the world.

One and a half million dollars worth of diamonds were stolen during transport to the venue.

Security is very strict at the fair. In order to register the first time you must provide invoices from three suppliers for purchases that you have made three times throughout the past year and well as business identification and personal photo identification. These must be handed in about a week before the fair. At the fair it is similar to airport security with scanning, electronic bag and personal effects screening, checking of photo identification and then on the way out you must produce receipts for anything that you have bought.

But the thieves bypassed all of that fuss and stole the goods before they arrived at the fair.