Couture’s Michelle Orman joins Amanda Gizzi and Michelle Graff for this special post-Market Week episode of My Next Question.
Report: Gold could dip as low as $1,100 this year
A new report states that the per-ounce price of gold might have already hit its high for the year and could briefly sink as low as $1,100 in the coming months.
London--A new report states that the per-ounce price of gold might have already hit its high for the year and could briefly sink as low as $1,100 in the coming months.
According to the 2014 Gold and Silver Mining Focus recently released by a London-based organization called Metals Focus, the price of gold rose 16 percent between the end of December and mid-March, reaching a six-month high of $1,392.
A number of factors drove the price increase, including weaker-than-expected economic news in the United States, which “shook some investors’ confidence in the smooth-recovery thesis,” the report states.
However, Metals Focus believes that the metal already has hit its high for the year and that the gold price will sink in the coming months.
The company said it is not ruling out a “brief drop” to as low as $1,100 per ounce. Driving the price downward are a number of factors, including the U.S. recovery gaining momentum as consumers emerge after a terrible winter and the Federal Reserve’s ongoing reduction in bond purchases, which is “easing concerns about fiscal situations on both sides of the Atlantic,” the report states.
Metals Focus said that it expects the price of silver, which is governed in part by the movement of gold, to follow a similar price path, with the full-year average falling just short of $20 an ounce.
The expected decline in precious metal prices in 2014 is a continuation of what the market saw last year.
According to the numbers cited by Metals Focus, gold prices fell 15 percent between 2012 and 2013, from $1,669 an ounce to $1,411 an ounce, while the per-ounce price of silver was down 23 percent year-over-year, from $31.15 to $23.79.
Metals Focus is under the auspices of The Denver Gold Group Inc. and Balerna, Switzerland-based refinery Valcambi Suisse, with support from a number of companies including Johnson Matthey, London bullion merchants Baird & Co. and Rand Refinery.
The Denver Gold Group is a non-profit established in 1989 as a trade organization that promotes investment in, and education about, precious metal equities. The group represents seven-eighths of the world’s publicly traded gold and silver mining companies.
The Latest

The lab is seeing emeralds with filler added post-testing enter the market, accompanied by reports that indicate little to no treatment.

The third generation of the Stern family to head Patek Philippe, he navigated the “quartz crisis” and preserved the brand’s independence.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The Texas-based jeweler is gradually rolling out a new experience-forward layout in its stores.


The Super Bowl LX champions were honored with diamond and blue sapphire rings by Jason of Beverly Hills.

Marianna Smirnova previously spent a decade working with the Responsible Minerals Initiative, in addition to other relevant roles.

DCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.

The New York Knicks took home the Larry O'Brien Trophy crafted by Tiffany & Co.

Associate Editor Natalie Francisco lists the trends she spotted during Jewelry Market Week that will dominate the second half of 2026.

Its app now reflects increased prices for Mozambique ruby, as well as changes to its Burma ruby charts.

The manufacturer has tapped Alicia Arnold, the former director of custom design at Tiny Jewel Box.

The revamped, elevated space will feature a two-story Patek Philippe atelier and a rooftop patio for parties.

The special-edition piece marks the 140th anniversary of the iconic beverage brand.

Here are 13 small charms to inspire your layered looks this summer.

Found by a metal detectorist, the ring likely belonged to a wealthy, possibly royal, owner, said Noonans.

Our Pride Month Piece of the Week, the “Margaux” ring, is part of the wife-and-wife team’s new “Lovestoned” collection.

The group has named the keynote speaker and announced a new pavilion for its next event, which is slated for September.

From lions and hippos to snails and fish, Senior Editor Lenore Fedow wrangles her picks for cutest jewelry critters in Las Vegas.

The big stone will be fashioned into a 20.26-carat diamond in celebration of the retailer’s 100th anniversary this year.

Marie-Laure Cérède will join Chanel as the new director of its jewelry creation studio, starting in October.

At the JCK show, the lab-grown diamond brand teamed up with Jewelers for Children to support Make-A-Wish India.

Ilana McCabe is Signet’s vice president of public relations and brand communications.

It was a banner day for blue gemstones, with another blue diamond topping $8 million and a 41-carat sapphire going for $2.3 million.

The approval means the retailer is on track to exit bankruptcy proceedings this summer.

The men are believed to be part of the group of several masked suspects that robbed Marc Robinson Jewelers in April.

The bridal-focused brand is also launching its Custom Atelier this summer, a digital custom design tool for its authorized retailers.





















