International News
Must -see collections at JCK Las Vegas 2025
One reason JCK Las Vegas remains such an important hub for the international fine jewelry trade is because the show offers a truly diverse range of products, from loose diamonds and gems to tech equipment and supplies. These collections highlighted below offer a taste of JCK’s variety:Haute Couture Brooch Collection by Smiling Rocks, Smiling Rocks guitar brooch and The Periklista Collection by Kouzoupis.
Haute Couture Floral Guitar brooch in 14k yellow gold with 0.98 ct. t.w. lab-grown diamonds and enamel,; Smiling Rocks. Haute Couture Hummingbird brooch in 14k white gold with 4.6 cts. t.w. multicolored lab-grown diamonds. Kouzoupis, a Turkish exhibitor in the Design Collective, is introducing the Periklista collection, which is named for the ancient Greek enamel technique that lends the pieces both their color and style. In Kouzoupis’ version, the ancient technique is made modern by the addition of bright colors and motifs, such as snakes, that capture the 2025 zeitgeist.
Like the European cloisonne method, the Periklista technique involves creating small partitions made of thin metal wires or strips on a metal surface, usually made of gold, and filling them with enamel, stones, or glass. Pioneered during the Mycenaean period (16th–12th century B.C.), Periklista enamel jewels were found in the royal tombs at Mycenae. Refined in subsequent centuries by Greek goldsmiths, the technique later influenced Roman and Byzantine art.
International News
Precious Metals Under Pressure Despite Near-Term Rate Hold Expectations
Precious metals experienced sharp liquidation as investors sold assets to cover cash needs during broader stock market declines.
While rising energy costs boosted oil, precious metals experienced sharp liquidation as investors sold assets to cover cash needs during broader stock market declines.
Gold: Spot gold briefly dipped below $4,000 to $3,993.96 per ounce—its lowest level since mid-July—recording a 4% weekly decline before staging a partial recovery to $4,026. In domestic retail markets in India, 24K gold edged up slightly by ₹100 to ₹1,42,580 per 10 grams following recent sharp drops.
Silver: Extended its losses to $53.50 per ounce, marking its lowest level since November 2025 due to softening industrial sentiment and a 6% drop in the prior session.
Recent U.S. consumer and producer price data showed higher-than-expected inflation, largely propelled by elevated energy costs. The rise in oil prices has reinforced expectations that the U.S. Federal Reserve will maintain a “higher-for-longer” interest rate environment.
Despite the persistent inflationary pressures, markets expect the Federal Open Market Committee (FOMC) to leave interest rates unchanged at its upcoming October 27–28 meeting.
According to a study, traders are currently pricing in less than a 10% chance of a rate hike in October, compared to an 80% probability for the December meeting. Investors are now awaiting the U.S. PCE inflation data due on October 29 for further policy guidance.
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