Golds

Cynthia Sliwa of JCK notes that large, heavy pendants on very long chains are being seen in a number of magazines at the moment.

China's central bank has announced that it is taking steps to open up its gold sector by enabling more commercial banks to import and export gold.

Brazil's potential as a producer of gold is thanks to its "world-class" deposits of the precious metal, reports Gold Investing News.

Tiffany is looking ahead to the holiday season as it notes the brightening effect that its gold jewellery can have. Among its designs is Atlas, a cocktail watch in 18-karat gold with a white satin strap and a mother-of-pearl face.

Wearing an engagement ring, such as a gold band, is becoming increasingly popular among men, it has been suggested.

Pete Brewer Jr of Camp Nelson writes for the Visalia Times-Delta and Tulare Advance-Register that his wedding ring went missing during some work on a construction site.

The jewellery outlet explains that it has a number of bridal sets in its fashion jewellery gifts line-up, with gold one of the precious metals used in their creation.

CLEARLY, and as reported in the Commodities Futures Trading Commission's weekly commitments of traders report, the largest "industry insiders" commercial traders are reducing their collective net-short positioning at an accelerated pace, writes Gene Arensberg from Atlanta, Georgia in his Got Gold Report.

Mike Niehuser: It would appear that the market may become less efficient, not more. Small investors have a bad taste in their mouth and computerized trading by institutions suggests stocks are being influenced by factors that aren't company-specific. It is not clear what the market will identify in an individual company stock that will lead to a full valuation. If metal prices appreciate rapidly, the market may look for exploration upside. If metal prices are flat and investors more defensive in looking for value, they may want production and cash flow, or improving balance sheet fundamentals.

We take up the question because in China – now the world's largest energy consumer according to the International Energy Agency – most of the power comes from coal (about 65%). The rest comes from a combination of renewables, geothermal, nuclear, gas, oil and hyrdo-electricity. When you're the world's largest consumer of energy, every little bit helps.