Gross demand for gold jewelry in the United States exceeded recycling in the third quarter, marking the first time that has happened in a non-holiday season quarter since 2009, the World Gold Council’s (WGC) latest Gold Demand Trends report shows.
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The Museum of Arts and Design (MAD) in Manhattan will honor David and Sybil Yurman Wednesday at its 2013 Visionaries! gala.
Even though a late Thanksgiving means a shorter period for holiday shopping in 2013, fewer consumers indicated that they will shop during Black Friday weekend this year, a National Retail Federation (NRF) survey shows.

Thomas Moses and Elliot Tannenbaum were inducted to the Gemological Institute of America’s board of governors during the organization’s November meeting held in Carlsbad.
Danish bead-maker Pandora said Friday that financial authorities in Denmark have indicted the company for waiting too long to report an expected drop in sales back in 2011.
Signet Jewelers Ltd. has purchased a diamond polishing facility in Gaborone, Botswana, a not-unexpected move for a company that has been talking about increasing its direct sourcing of rough for some time.
Gitanjali Group’s U.S. sales grew 12 percent year-over-year in the first two quarters of the fiscal year, and the company remains focused on expanding in markets outside of India.
Walmart Stores Inc. and off-price retailer Kohl’s Corp. released their third quarter earnings Thursday, with same-store sales down for both as the retail environment remains competitive.
Enticed by early deals offered by retailers, more than half of American consumers have started their holiday shopping, a National Retail Federation (NRF) survey shows.

Jay Jackson, president and CEO of Stuller Inc. since 2011, will retire on Dec. 27, the company announced late Wednesday afternoon.

A pocket watch from the mid-1800s connected to two legendary figures in the watch world sold for more than $1 million at Sotheby’s Important Watches sale held Tuesday in Geneva.

Grammy Award-winning singer Celine Dion is launching a watch collection that will be available exclusively on QVC called “Celine Dion Quintessential Timepieces.”
Same-store sales increased 4 percent in the third quarter for Macy’s Inc., the retailer reported Wednesday.
Family-owned retailer Andrus Jewelers is closing its doors after six decades in business.

Stuller is now the exclusive distributor of World Trade Jewelers’ Scrabble brand jewelry, a line of necklaces that are available in letters A through Z in sterling silver and gold-plated silver.

The largest fancy vivid orange diamond in the world at 14.82 carats, “The Orange,” set two world auction records when it sold for $35.5 million at Christie’s Magnificent Jewels auction in Geneva Tuesday.
Designer Shaun Leane’s “Diamond Glove” is on display for the first time in the United States at the World Chess Hall of Fame in St. Louis as part of an exhibition that will run through April 18.
Representatives from Zimbabwe paid a visit to Antwerp this week to discuss organizing a sale of rough diamonds from the country’s Marange region before the end of 2013.
Third-quarter sales of Pandora jewelry in the United States increased 3 percent (8 percent in local currency), the Danish brand said Tuesday.
U.S. Antique Shows has added an educational component to The Original Miami Beach Antique Show to help its attendees further their knowledge of antique jewelry.
More than one-third of consumers say they are likely to hit the stores at some point on turkey day though many will wait until the pumpkin pie is served to do so, Accenture’s annual Holiday Shopping Survey shows.

Retailer Jim Alperin discusses how brick-and-mortar jewelry stores sometimes serve as the educational setting and in-person showroom for Internet diamond shoppers, and poses the question: Is it time for retailers to implement fees for these services?
The latest report from metals refiner and distributor Johnson Matthey indicates that platinum is experiencing a recovery in the North American market due in part to an increase in sales of less expensive platinum bridal jewelry.

Jewelry once worn by the late Elizabeth Taylor soared past its pre-sale estimates at Julien’s Auctions recent Icons & Idols: Hollywood sale, held Saturday and Sunday in Beverly Hills.

In an effort to tap into the growing demand for diamond fashion jewelry in China, mining company Rio Tinto has launched a new diamond marketing initiative called “The Fashion of Diamonds” there.