| 05-26-22 Metal Markets | |
|---|---|
| Gold $1,848.25 | |
| Silver $21.89 | |
| Platinum $942.00 | |
| Palladium $1,993.00 | |
| Iridium $4,900.00 | |
| Ruthenium $625.00 | |
| Learn More | |
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Marc Choyt of Reflective Images, Santa Fe, New Mexico, a jewelry retailer and manufacturer of designer jewelry, attended the first Madison Dialogue Ethical Jewelry Summit on October 25 and 26, 2007, at the World Bank in Washington, D.C. Choyt is the author of a blog on fair trade issues at www.fairjewelry.org. He reports here on…
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Interview with Mike Angenent on issues with traceable melee diamonds and sapphires from Madagascar MC: First, explain how you got involved in “Open Source.” What’s your personal background and what was the inspiration behind the project? MA: Well, I am a goldsmith, gemologist, diamantair by profession and was always fascinated by the fact that you…
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Guy Clutterbuck, who was recently featured in the GIA Winter Loop Magazine, has been sourcing gemstones in Africa and around the world for decades. His relationships with small scale miners, based on trust, are highly unusual and stand in contrast to the generally toxic relationship between the small scale miners and their typical buyer. Read…
Continue reading A Small Success Model for Gem Trade in Africa
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The issue of fair trade gemstones is complex and difficult to sort out. What I will outline here are three different scenarios that offer possibilities for more transparent, ethical sourcing of fair trade gemstones from artisan miners.
Continue reading The Challenges and Opportunities in Supplying Fair Trade Gemstones
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Everyone involved in profiting from diamonds, from NGOs who raise the blood diamond issue to their donors, DeBeers, to the average jeweler, markets to a target audience. In the retail sector, issues of quality and price are in the forefront and information on the ―4 Cs is easily available.
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Jewelry marketing is nearly always targeted to appeal to your emotions. But the supply chain that produces your piece, from mine to market, is driven by an entirely different set of values. Precious metal, gem stones and manufacturing are highly commoditized, just like oil or lumber.
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The largest sale in the history of our company, three platinum rings and a large diamond, came from a customer from California who found us online and said he purchased from us specifically because of our “progressive eco-values.” I was happy to make this sale, but also sad that there were no jewelers in his…
