The first "industrial park" in the gold industry has been recently opened in the city district of Jinzhong in Shanxi Province, China. It aims to develop the growing market of jewelry province sxrb.com portal reported.
New Industrial Park was launched on 26 May. The park, called "Jewelry and cultural park of Shanxi", carried out development and production, wholesale and retail sales, trading and exhibition of gold jewelry. Park also takes tourists.
New jewelry Park, is expected to process 10 tons of gold, 3 tons of silver and produce handicrafts worth about $ 7.59 million per year. Also, as expected, the sales tax from the park will annually be about $ 318 million.
In the Chinese province of Shanxi consumed a significant portion of the jewelry in China.
http://pearlgiftjewelry.blogspot.ca/
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Diamond price index in March remained mostly unchanged. It has been reported very little of its increase, which continued the trend that started in February, IDEX Online reported. Earlier this month, the index was 123.8, and by the end of the month it rose to 124.4.
Compared to the same period of the previous year, the average price fell by 4.6%. This is the biggest fall in percentage terms since November last year.
If we compare the index of the previous month, the world diamond prices have remained virtually unchanged, rising only 0.1%. Volatility in the diamond market is still lower than in the markets of many other commodities.
Since November last year, diamond prices showed relative stability and minimal vibration. Thus, in March this trend continued in the absence of significant price changes.
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