Alex and Ani Founder Carolyn Rafaelian Has Launched a Fine Jewelry Line
The new brand, Metal Alchemist, focuses on unisex, classic jewelry designs.

This month, she launched Metal Alchemist, a brand that designs, forges, and crafts its jewels completely in Rhode Island.
Metal Alchemist’s in-house master metalsmiths utilize a proprietary weeks-long bonding process to refine their metals, all of which are mined in the United States.
The company says its metals are “forged to alchemical standards of purity that create wearable, energetic tools.”
A spokesperson for Metal Alchemist explained its proprietary bonding process utilizes the purest metals available—99.99% pure silver, 99.99% pure gold, and 99.95% pure copper—to formulate its various alloys.
At launch, Metal Alchemist has three collections: “Precious Bonded Metal,” “Woven Metal Mesh,” and “Intention Wire.”
They’re produced in a wide range of metals, including stainless steel, sterling silver, gold fill, 14-karat gold and 18-karat gold. Jewels currently range from $28 to $2,800 retail.
Metal Alchemist has partnered with Reeds Jewelers as its initial exclusive retail partner. Pieces will be stocked at Reeds’ 62 stores in 13 states, as well as on Reeds.com.
“This new venture is incredibly special to me, because it combines elements of my culture, my beliefs, and one of my passions—fine jewelry,” said Rafaelian.
“Metal Alchemist jewelry is the first of its kind in so many ways—from the quality of the precious metals to our proprietary refining and bonding processes that we do in-house, right here in Rhode Island, to working with ancient alchemical techniques in a whole new way. We knew partnering with Reeds was the right decision for this launch because they also value quality, craftsmanship and customer experience.”
Senior Vice President of Merchandising at Reeds, Judy Fisher, added: “Reeds is honored and proud to support Carolyn Rafaelian as her exclusive partner to introduce Metal Alchemist.
“Carolyn’s new brand is launching in an extraordinary way because it is based on the principles of alchemy. Carolyn’s long history in jewelry manufacturing makes her an expert in the properties of precious metals, and each metal has individual energy properties that she is unleashing in new and exciting ways.”
Shoppers can also find Metal Alchemist for sale on the company’s website, as well as at its very own storefront in New York City.
Rafaelian founded Alex and Ani in Rhode Island in 2004. The company’s inexpensive, expandable wire charm bracelets became wildly popular in the early 2010s, but as their popularity waned, the company grappled with debt and legal battles.
Rafaelian left the company in 2020. Alex and Ani emerged from bankruptcy in 2021 and secured additional funding last summer.
The Latest

The “watchmaker of shapes” debuted the reworked version of the vintage sports car-inspired timepiece at Watches & Wonders.

As demand for jewelry retail coaching grows, the company has established a dedicated business coaching leadership team.

The “Mountings 2026-2027” catalog showcases Stuller’s largest and most diverse assortment to date with more than 400 new mounting styles.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The alert states that burglary crews are targeting jewelry businesses and details how jewelers and refineries can protect themselves.


Sally Morrison and Mark Klein discuss De Beers’ first beacon in 16 years and the mistake the industry made with lab-grown diamonds.

McKenzie spent 45 years with Spark Creations and is remembered for being kind, dedicated, and hardworking.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Rolex focused exclusively on the Oyster Perpetual this year, as the model is celebrating its 100th anniversary.

The luxury giant discussed the Middle East conflict and its transformation plans, hinting at a stronger jewelry presence in North America.

Kalpesh Jhaveri was re-elected as president for a third year.

“Diamond Divas,” a social media reality series by Shahla Karimi Jewelry, is nominated in the “Best Social: Fashion & Beauty” category.

The campaign seeks to reignite desire for natural diamond engagement rings by highlighting the “distinct character” of warm-toned diamonds.

Plus, how Saks Global’s bankruptcy affected the luxury giant’s first quarter.

Presented by Mason-Kay Jade, the summit, in its second year, will again be held during the Monterey Bay Jade Festival.

The group has announced its lineup of speakers and a new “Rising Stars” pavilion.

The program provides essential funding to organizations for projects that enhance the jewelry industry.

The jewelry trade show is launching its first open-to-the-public event in Coconut Grove this November.

JSA is seeking information about the gunpoint robbery of a Kay Jewelers location in Oregon’s Washington Square Mall.

The top-performing watch models may be surprising, with Rolex and several popular pandemic-era picks notably absent from the top 20.

Jewelers who misinterpret the state of the jewelry market risk employing the wrong retail strategy, cautions columnist Sherry Smith.

In her newly expanded role, she will continue to oversee the jewelry category, as well as watches, home, and accessories.

“The Godfather II” watch plays two melodies from the mob film’s score, “The Godfather’s Waltz” and “The Godfather Love Theme.”

Organizers have also introduced the new JCK Talks Signature Series, as well as an offering of watch-focused workshops and lectures.

The Alan Hodgkinson Medal recognizes gemologists who are consistently generous with their time and expertise.

The Swiss watchmaker is changing up its executive leadership team as part of a restructuring.

The “What’s Your Signature?” campaign invites women to think about how they see themselves.
























