Global Gold Demand Down 34%
Gold Investing January 13th, 2010
LONDON – Gold Demand on third quarter fell 34 percent purchasing power triggered by the weakness in key markets Middle East and India. However, the price of gold in the last two weeks continue to soar.
World Gold Council (WGC) reported yesterday, the decline was caused by lack of jewelry shopping at WGC utama.Menurut markets, increase demand for the period July to September only occur in greater China,, China, Hong Kong, and Taiwan, by 10 percent or equivalent to 128 , 6 tons. While the types of diamond jewelry rose seven percent. “Outlook for gold investment with a positive overall level of demand will still be improved, supported by continued economic growth.
Uncertainty of currency exchange rates and inflation have been encouraging the diversification, “said Chief Executive Aram Shishmanian WGC said in a statement yesterday. According to the investment research manager of WGC Rozanna Wozniak, despite the three-month period of declining gold demand, speculation on the price of gold in the long term remains high. “For most of last year, the purchase was dependent physical. Now, buyers seem more oriented to the financial markets in which some people less visible in the derivatives market, futures, or transactions over-the-counter (OTC), “said Wozniak.
He added that the strengthening gold price recently because of the good news of central banks and the decline in U.S. dollar exchange rate. “That resulted in the potential of gold demand in the future,” he said. Announcements purchase 200 tons of gold by Central Bank of India is considered as a trigger soaring gold prices since the beginning of November this lalu.Kondisi then regarded as the momentum buying that pushed prices to the highest level prices.
In addition, gold prices also pushed consumer menjauhnya of other metal commodities. Consumers and central banks prefer to buy gold as a diversification of the portfolio. Based on its territory, gold jewelry demand in India in the third-quarter 2009 fell 42 percent to 116.6 tonnes compared to only the previous quarter. However, that number edged up from the lowest level earlier this year. In retail markets, gold sales in India are also down 67 percent to only 26 tons in July-September period.
While in the Middle East, gold buying activity in the same quarter fell 34% to only 69 tons. The increase in demand in China is expected to reach double digits as the impact of their economic improvement in the middle of a crisis. “China market is set for some time, so consumers there is still much to collect the gold,” said Wozniak. Meanwhile, yesterday’s gold price could reach record highs in the level of USD1.150 per ounce.
However, in the afternoon trading back down to the level of USD144, 7 after the U.S. dollar strengthened prices, rising consumer prices triggered the U.S. and encourage inflation. Since early 2009, the price of gold has increased about 30 percent. “Outlook for the future of gold is still strong. Although still will fluctuate, is expected to be transparent USD1.120 per ons.Tidak will ever be changed unless the strengthening U.S. economic data, making the U.S. central bank to change interest rates,” said Deputy General Manager of Broker Commodity Okato Shoji Co’s Kename Gokon.
Another analyst, director of ETF Securities New Zealand and Australia, Nigel Phelan, said that the rally in gold prices triggered by the announcement this month of the International Monetary Fund (IMF) who sold the gold to the Central Bank of India as much as 200 tons. “A lot of markets participate after seeing the sale of gold to central banks, including China, Russia and lainnya.Mereka central bank gold reserves would increase as a diversification strategy to prevent the dollar volatility,” said Phelan.
“Gold is viewed as one of the main alternative to currencies other than holding. The price of gold has also been a key barometer of investor confidence in government policy,” he said
Watch Black Gold flush!
Gold Investing December 12th, 2009
Crude oil (crude oil) is an excellent source of world energy. These fossil fuels provide the largest contribution in moving the pulse of life and the people of the world economy.
According to the International Energy Agency data in 2005, world oil consumption reached 3767.1 million tons, equivalent barrels of 36.7 percent of total global energy consumption. After that, followed by coal and natural gas that contributes the second largest energy demand and the third. Dominance of petroleum energy sources also occurred in Indonesia. Each year the state oil we consume an average of more than 310 million barrels, or nearly 1 million barrels of oil each day.
Department of Energy and Mineral Resources said data, crude oil consumption tends to increase every year. In 2001 the amount of crude oil consumption of 328 million barrels and continue to increase until 2004 to 354 million barrels. Rehabilitation post-crisis Asian economic growth is a factor that triggers high demand for petroleum energy.
In that period, crude oil is needed to spur economic growth in Indonesia is increasing quite rapidly with an average rate of 5-6 percent per year. The 2005 to 2008 into a high dependence on crude oil began to decline due to global oil price hikes. In 2005 crude oil consumption of Indonesia reached 338.3 million barrels, and continued to decline to the lowest point at 312.1 million barrels in 2008.
In addition to international factors, the decline in crude oil consumption is also due to domestic factors of success of the diversification policy and energy conversion. Switch energy sources from oil to coal and natural gas. Based on the data, consumption trends, black Äùemas, Au declining trend inversely proportional to the consumption of coal and natural gas which was rising (see graphic). How projections oil resistance in 2010?
International Configuration
Director General Reforminer Institute Rakhmanto Pri said, oil resistance in 2010 is difficult to predict because many factors influenced, especially related to international dynamics. Two fundamental factors that influence the condition of oil country. The first is the international oil price fluctuations and the second is the U.S. dollar exchange rate (SI, 28.12.2009).
In 2008 the world oil price increases that could penetrate the numbers $ 120 per barrel has made Indonesia a loss. Turmoil was triggered by crude oil production cuts as many as 4 million barrels per day by the association of oil producing countries (OPEC). As a result, the government adjusts one way to raise fuel prices because the burden of increasingly bloated subsidies.
In addition, the government also conducts programs of oil to gas conversion to reduce dependence on, black Äùemas, Au. Fortunately, the turbulence in world oil prices quickly passed and bring a fresh breeze for Indonesia. After a fall to levels below $ 50 per barrel late 2008, the government re-adjust by lowering subsidized fuel prices.
If there are no unusual events such as cutting oil production by OPEC, later predicted there would be no fluctuations in world oil prices which means. However, one thing you should watch out for is the potential for increased energy demand from countries new economic powers like China or India.
Two countries recorded a growth of global energy consumption is quite rapid after the United States. Meanwhile, the fluctuations in the dollar against the domestic currency was also influential, especially in the process of calculating the price of fuel economies. U.S. dollar exchange rate against the domestic currency is an indicator of price calculation versions economics means of Platt Singapore (MOPS) used Indonesia.
The stronger U.S. dollar exchange rate, the higher the potential for economies of fuel price increases. In addition to the international configuration, security-related issues of energy sources other petroleum and challenges facing this nation forward is possible that Indonesia could return to the glory era of oil as in the 1980s. During the so-called oil boom era, Indonesian crude oil production was much higher than domestic consumption so that Indonesia was known as one of the oil exporters.
Hikes in international oil prices and high demand of Western countries will increase profit petroleum Indonesia’s position. However, that era has long passed. Industrial development in the 1980s is not for now. Increased energy demand from industry to Indonesia stopped exporting oil, and even forced to import due to the energy deficit. Our country is also out of OPEC membership.
Analysis of BP Statistical Review says, the use of oil in Indonesia today subsistens aliases tend to be limited to domestic needs. This is because the total production and total consumption of petroleum is relatively balanced approximately 1 million barrels per day. It was not yet calculated the depreciation value of crude oil before it is processed into oil products so that its deficit had to be imported from other countries.
That way, hard to go back to Indonesia exporter of crude oil as long as no remaining margin between production and consumption. Because the rate of the industry can not be suppressed, how that can be taken to restore the glory era, black Äùemas, Au is to find the oil fields of new or savings and diversification
China Jewelry Containing Hazardous Materials!
Gold Investing November 11th, 2009
LOS ANGELES – The issue of hazardous materials contained in the original production of China is now pushed back. This time the jewelry for children suspected to contain harmful compounds, cadmium.
In a lab test commissioned by the Associated Press, found cadmium contained in children’s jewelry is approximately 91 percent of the total weight of jewels. Besides cadmium, the results of lab tests also found other hazardous materials that could melt cadmium. It is feared that if the jewelry made in China label is used then the children will give harmful effects.
Cadmium is known as lead very bad influence for children’s health. These harmful compounds known to be harmful to brain development in children. Suffice it to suck or bite even continuously, the children immediately ascertained cadmium contaminated.
“There is no good because of the toxic cadmium,” said an expert from the Center for cadmium and the U.S. Disease Control (CDC) Bruce A Fowler. Fowler also added that if the 275 list of most dangerous chemicals released CDC, cadmium ranked seventh.
To prove the cadmium is very dangerous for children The Associated Press did a lab test on 103 pieces of jewelry purchased in the area of New York, Ohio, Texas and California. The result was surprising. Approximately 12 percent of the jewelry was found to contain cadmium at least about 10 percent. So reported the Associated Press, Monday (1/11/2010).
Worse, jewelry for children has been circulated widely in the United States (U.S.). Many of China’s jewelry production is sold freely in retail stores like Walmart.
While the jewelry industry in China is known to use cadmium for many years. The question of local researchers is why materials such as zinc are considered more environmentally friendly it is not used?
With the research initiated by the Associated Press was among the country’s health watchdog Uncle Sam’s rate, the use of cadmium prove the existence of the health threat of imported goods come from China. The reason, the use of cadmium is suspected also contained in products other China.
There is no explanation of exactly why the jewelry industry in China shifted children using cadmium. The use of cadmium may be subject to the rules of the Protection Act for Consumer Products in 2008. The Act prohibits the use of lead in products for children from China who entered the United States.
Banned due to lead, then the producers in China asked to find a replacement for lead. The use of cadmium either because a cheaper price in the market.
Navigate the Jewelry Boutique
Gold Investing October 10th, 2009
FOR you a fan of jewelry such as diamonds, emeralds, annita, ruby, sapphire, gold, and platinum would not hurt browse jewelry boutiques in the shopping center.
In fact, several boutiques displaying jewelry collection was deliberately engaging and mengiurkan in a shop window to attract visitors. Although the price of jewelry offered hundreds of millions, for the collector to buy a certain satisfaction. The reason is because the model is unique. They were willing to spend money to buy jewelry.
You are fond of hunting there is nothing wrong jewelry visit jewelry boutiques. Some of the jewelry store that had spread to the collection and offer the option price varies according to taste and your pocket.
Generally, jewelry boutiques that are located in various malls and prestigious art galleries. The mall is a lot of boutiques offering jewelry is Plaza Indonesia. There you can find boutiques such as Cartier jewelry, Jewelry Cerice, Cristian Diamond, Club Solitaire, DeGem, Four Seasons Jewelry, Loang & Noi, Prestige Jewelry, Prima Gold, Queen Jewelry, Swarovski, and Tiffany & Co..
In addition, at Gajah Mada Plaza (GMP) is positioning itself as a jewelry center (center of jewelry) complete in the capital also provides many jewelry boutiques that you can browse for jewelry is sought after. Noted, there is now some 40 famous jewelry store. These boutiques are Gold Mart, Dynasty, Castle Jewelry, and Alexander Jewelry.
In addition, another option, you can come to the boutique jewelry F Xaferius Silver. Boutique founded in 1986 Pandaan, East Java, it also has opened branches in Pakuwon Supermall in Surabaya Indah. This is more featured boutique products with ethnic and fashionable impression, which combines silver with precious stones. Most customers are foreign tourists.
There is another jewelry store called The Muchas Jewels, which is located at the Grand Hyatt Gallery, Jakarta. This jewelry boutique specialized uses basic materials of this type of swarovski crystal and sterling chains, and the crystals combined with pearls. The basic concept of this necklace design classic and elegant nuances.
In the meantime, if you want to browse refreshing jewelry boutiques at the nearest overseas, visit to Singapore. The place is frequented by jewelry boutiques in luxury malls Ngee Ann City, Paragon, and Hilton Shopping Gallery.
At Ngee Ann City, you can find boutiques Bvlgari jewels, Mauboussin, Mikimoto, and Georg Jensen. In this place also, you can see the results of internationally renowned designer with boutiques adjacent classy wristwatches Vacheron Constantin, Cartier, Piaget, and boutique-class jewelry from Tiffany & Co..
However, for you who do not like to “walk the mall to shopping mall, hotel to hotel, or the gallery to gallery to get the jewelry, can browse or order it through a jewelry store on-line is available
Jewelry "Friends" Female
Gold Investing September 9th, 2009
FOR some socialite Jakarta, jewelry is the dominant requirement. They liken the crown jewels. Without it, there was something missing from the appearance.
Artists Terry Wijaya, 43, admitted a crush with a diamond sparkle. Women’s Manado birth is believed the phrase “the diamonds are a woman’s best friends” are not excessive. “Diamonds by the small size was still shining,” said Terry, who considered capable of imaging the rock itself.
Although reluctant called collector, Terry admitted that he could not resist seeing Peridot stones with sparkling green color. Once saw kilauannya, the woman who is a painter is like the enchanted want to have the jewelry.
“It was like a desire inside that can not be dammed,” said a woman who has an 50-rings, necklaces, bracelets, and earrings are laughing.
Like Terry, owner of Ina Enterprise Batari Symonds admitted could not turn his head from the jewelry. He is a loyal fan of Delia’s designer jewelry Von Reuty Indonesia. Most of the collection of rings and bracelets of women who are living in Bogor, West Java, this is the result of cold hands Delia.
“Delia Collection design features that have easily known. The shape detail, timeless time. The material is also unique, from ivory, quill, until the beef bones,” said Ina, who claimed to love big jewelry. He then called the Indonesian jewelry designer who is always waiting for collection, Reny Febi, famous for his work made of silver and gold.
Terry also claimed to have several pieces of jewelry designers on the list of mandatory collection, the Rev. Elizabeth, Utty Wakkary, and Yana Collection. He explained, details about the design of Rev. Elizabeth identical with pearls, crystals, and onyx. “Precious stones of the original works of Elizabeth is also from Indonesia, you know,” he said.
When the collection a sophisticated look Utty Wakkary, jewelry Yana Collection looks classy for duplicate successful retro design, but still fit today’s trends.
For Terry, chose the jewelry is not easy work and can be done in a short time. When hunting, he often spent much time in the showroom just to look around.
He should really secure in my decision. Terry did not want jewelry she had bought with exorbitant prices, the future was not pleased at heart.
“Therefore, if you would like to calm down, calm down. Do not be reckless, look at this like, which was okay. It should be observed and try to apply,” he explained. Conversely, when he likes, he did not argue about the price. Average was precious jewels on top Rp50 million.
Once upon a time he made one enamored with pretty expensive jewelry. Unfortunately, when I got home and mematut themselves in the mirror, the disappointment came. “So nyesel own. It was after use enggak that good. Mustinya had selected the other,” he recalls.
In addition to consideration, other things also to consider is whether or not a problem appropriate jewelry. “No matter how prospective buyers want a jewel, if not match or meant to be, the jewelry will not be worn with pride,” he said.




