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Showing posts with the label precious platinum

Platinum Jewelry worn by Lupita Nyong’o!

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Spotted at Innovator Awards! Lupita Nyong’o wore Platinum jewelry from Harry Winston to the WSJ. Magazine 2018 Innovator Awards in New York recently. She spotted with Secret Combination cascading drop diamond necklace, set in platinum of 58.53 carats, Sunflower diamond earrings, set in platinum weight 4.62 carats, Sparkling cluster diamond ring, set in platinum of 2.34 carats and Pirouette diamond ring, set in platinum, 2.83 carats. Trend Alert: Statement necklaces set in platinum are popular on the red carpet, as also seen on Chrissy Teigen at the “WSJ. Innovation Awards,” Lady Gaga at the Los Angeles premiere of her film “A Star is Born,” Heidi Klum at the “Primetime Emmy Awards” and Priyanka Chopra while in New York. Rare and precious, platinum jewelry is truly a perennial red-carpet favorite. All over the world, designers prefer precious platinum to create master pieces because of its versatility, and for it is the most secure setting for any precious ...

Platinum tumbles by 8% in Q2 2018

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According to the World Platinum Investment Council (WPIC) 2018 Q2 Platinum Market Review, global platinum demand contracted by 8% year-on-year to 1,780 koz in the second quarter this year. The largest decline was seen in investment demand which swung from positive in Q2’17 (+100 koz) to negative in Q2’18 (-5 koz). As outflows from ETFs more than outweighed solid bar and coin demand, Automotive demand fell year-on-year (-40 koz), while jewellery demand was unchanged and industrial demand improved (+30 koz). Total platinum supply increased marginally to 2,120 koz, as total mining supply grew by 1% (+10 koz) and platinum recycling was flat year-on-year. With demand weakening and supply little changed, the market had a surplus of 340 koz. Supply of refined production increased by 1% (+20 koz) year-on-year to 1,575 koz in the second quarter of 2018. South African supply grew by 3% year-on-year to 1,125 koz, partly owing to reduced capacity in the prior year period for shaft re...