Chinese summit on gold and precious metals (China Gold & Precious Metals Summit) will be held in Shanghai from 7 to 8 December 2016. The summit is organized for the 11th time in a row.
The event is officially supported by the Chinese Association of gold (China Gold Association) and the Shanghai Gold Exchange (Shanghai Gold Exchange), and organized by the Shanghai Association of trade in gold and jewelery (Shanghai Gold & Jewelry Trade Association), together with IGVision, constantly attracts international participants and key stakeholders side gold industry, gold refiners and refineries, bullion dealers, mints, gold investment banks, jewelers, gold and commodity exchanges, financial institutions, service providers, and that kzhe officials. The summit allows them to share their knowledge on the most important and valuable issues in gold and precious metals industry, as well as allowing them to meet and work closely with each other. The event is considered the largest and most important international conferences in the field of gold and precious metals in China.
The efforts of the organizers and participants of the contribution in the decade of the summit makes it all the more important international event, which is the exclusive source of information. In 2016, at the summit will be held on the following issues:
- Better understanding of the market of gold and precious metals, which is growing thanks to the development of China's economy, and the RMB internationalization strategy;
- The study of emerging opportunities in cross-border investment in a gold mine, and the gold trade;
- The chances and ways to smooth the effects of government policies, such as the US Federal Reserve, the UK decision to withdraw from the EU, the initiative "One belt, one road" and others;
- Opportunities for the proportion of the world gold market trends thanks to gold contracts in Asia and the transition of the gold trade in the East.
The delegates who will attend the summit in 2016, will interact with industry members and their colleagues, discuss new ideas, technologies and solutions, will learn new things about the development and growth of the industry, as well as explore new business opportunities and options for partnerships.
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Tiffany & Co. It said its sales declined by 3% in 2015, to $ 4.1 billion - lower than predicted by the company. In sales had a negative impact of US dollar strengthening. Suffered as the company's sales outside the US, and travel within the country of purchase.
Macroeconomic difficulties and uncertainty have also had an impact on sales, the company said.
"We faced a number of difficulties in the (last) year, which negatively affected our financial performance, in particular - with the strengthening of the US dollar", - said Frederick Kyumenal (Frederic Cumenal), chief executive officer of Tiffany. The increase in global sales based on constant exchange rates, and the lack of revenue growth did not meet projections of the beginning of the year "- adds Kyumenal.
In 2015, the dollar strengthened against the euro and a number of other world currencies the US Federal Reserve in December raised its interest rates for the first time. over the past 10 years.
Tiffany's profit fell by 4% last year, to $ 463.9 million.
the company's sales in the fourth quarter fell by 6% compared to the same period of the previous year, to $ 1.21 billion, while profit the same period decreased by 17%, of $ 163.2 million.
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