NEW YORK, Aug 12 (Reuters) – Stocks rose the most in a month on Wednesday on continued bets for more stimulus in the United States even as that was put in doubt late on Tuesday, while gold was whipsawed and silver clawed back from a massive drop. Gold swung from being down 2.5% to adding 1.8% to $1,945.58 an ounce, a day after it suffered its biggest daily fall in seven years. The U.S. election campaigns are set to gather momentum after Democratic presidential candidate Joe Biden selected Senator Kamala Harris as his vice president on Tuesday. Silver was even more wild, rising as much as 6% after a 15% plunge on Tuesday. The Japanese yen weakened 0.34% versus the greenback to 106.84 per dollar, while Sterling was last trading at $1.305, up 0.02% on the day. Treasury Secretary Steven Mnuchin said the White House and top Democrats in Congress may not be able to reach a deal on coronavirus aid. The S&P is just below its intraday record high of 3,393.52. The index slipped on Tuesday after seven straight days of gains. The 10-year U.S. Treasuries yield last fell 5/32 in price to yield 0.6747%, from 0.658% late on Tuesday, ahead of a record offering on benchmark notes by the Treasury. Bond markets were also driving sentiment. Bullion has gained 28% so far this year, as investors buy it as a hedge against fears of currency debasement as central banks flood economies with free money in response to the global coronavirus crisis. Adam Sarhan, chief executive of 50 Park Investments in New York. The dollar index fell 0.366%, with the euro up 0.48% to $1.1795. Recently battered technology stocks reclaimed leadership on Wall Street and the benchmark S&P 500 was again brushing against its record highs, even as U.S. Oil prices also climbed after government data showed U.S. U.S. crude recently rose 1.44% to $42.21 per barrel and Brent was at $45.12, up 1.39% on the day. The euro strengthened versus the greenback and the dollar index gave back some of its recent gains, barely changed mid-way this week following seven consecutive weekly declines. Both U.S. parties traded jabs on who was to blame for blocking relief to tens of millions of Americans.
Otiumberg positions itself as a demi-fine jewellery brand.
If you’re as magpie-like about jewellery as I am, you’ll always be on the lookout for new brands and original pieces to add to your collection. This British brand was launched in the autumn of 2024 by Tofi Caroline Adedoyin, a former investment banking director. The brand’s founders, sisters Christie and Rosanna Wollenberg, believe you shouldn’t just save beautiful jewellery for best, so the sculptural rings and earrings are as practical as they are elegant. Otiumberg positions itself as a demi-fine jewellery brand. There are so many amazing affordable and mid-range jewellery brands out there today, with a plethora of choice no matter what your style. Her signature T-bar necklaces have been worn by the likes of Taylor Swift. But along with the prominent brands we all know and love, there are a load of under-the-radar gems (no pun intended) out there just waiting to be discovered. Tilly Sveaas founded her eponymous brand in 2016. Born in Hong Kong to British-Norwegian parents, London-based Tilly has been a jewellery designer for over 25 years, creating her first pieces during an extended trip to Bali, where she still produces to this day. If you love keeping things unique and prefer to shop independent, these jewellery brands are worth checking out and keeping in mind for your next purchase. Their goal is to make pieces that ‘will be your go-to for years to come’. All Grove & Vae jewellery is designed in London, and created using 14k gold vermeil and rhodium-plated sterling silver.
The brand uses solid metals – not plated or vermeil, and promises no green fingers or brass rash.
The brand focuses on creating timeless, versatile pieces tailored to the modern woman’s everyday wardrobe. Made by small workshops all over the world, each piece holds a story. Catherine ‘Catch’ Rhys Jones started her label out of a frustration with the jewellery she was buying. With Love Darling believes in changing the world one piece of jewellery at a time. I was tired of sacrificing style for quality, or my bank account for both’ says Neima Row founder Naomi Genes. Founded by Amelia Hitchcock-Merritt in the middle of lockdown at just eighteen, Bijoux De Mimi became one of the fastest growing jewellery brands in the UK. It specialises in bright, colourful jewellery. The pieces are gorgeous too – from delicate pendants to eye-catching hoops, available in either 18ct gold vermeil or sterling silver. Prior to starting Bijoux De Mimi, Amelia attended Central Saint Martins. The brand uses solid metals – not plated or vermeil, and promises no green fingers or brass rash. It always came with lengthy care instructions and still tarnished after only a few wears or turned my skin green’ she says. After working in the jewellery industry for 10 years, Amelia Bainbridge saw a gap in the market for jewellery that was both beautiful and affordable – and Auree was born in 2014. All Auree pieces are made with the highest quality solid gold, sterling silver or gold vermeil and natural gemstones. Crystals & Co. founders (and best friends) Emily Mackeogh and Leah O’Reilly aim to accessorise peoples lives with fun, high quality affordable jewellery. So she decided to make her own. Think timeless glamour meets modern minimalism, without the unattainable price tag. Items are produced in developing countries, giving the artisans income to lift themselves and their families out of poverty.
The ranges include a collaboration with Vogue Williams.
It was established in 2009, with the ethos that jewellery should say a lot about who you are, whether big and bold or delicate and gold. After growing up in Singapore, founder Lynette Ong left her job in finance to pursue a dream of using her creativity for the better. Founded by Olivia Jenkins in 2021, D. Louise creates timeless long-lasting yet affordable jewellery. The eclectic collection draws inspiration from founder Abby Kaye’s past experiences and travels through India, as well as her childhood in London and love of nature. Dreamt up on a bicycle ride through Rajasthan, India, the British jewellery brand Memara was launched in 2019, with the aim to create beautiful, timeless yet affordable demi-fine pieces. The brand is named after Olivia’s mother Deborah Louise who Olivia sadly lost to cancer in 2017. With the loss of her mother, Olivia felt life was too short to not be truly passionate about the everyday and D.Louise was born. Abby is a big believer in the talismanic and restorative power of jewellery, and strives to create designs that are both ethical and fashioned with love. Pieces are made in sterling silver with 18ct gold vermeil. The ranges include a collaboration with Vogue Williams. Award winning British Jewellery Brand Scream Pretty was founded by Lucy Lee with her sister Jessica Pearce in 2016. This family run business designs jewellery for self expression; affordable, stylish and fun – jewellery to shout about. Scream Pretty’s signature style is the curated ear – combining piercings and ear cuffs, to create bold stand out styling. Olivia’s pursuit began when she identified a gap in the jewellery market – the need for everyday pieces that wouldn’t fade after a few wears – with this every piece comes with a lifetime guarantee against colour fading.
Inspired by a wealth of artisans selling beautiful jewellery on her travels around Asia, Edge of Ember was born. In 2015, the brand shifted tack as Seymour gave birth to her son, Elvis, and started to document her life as a single mother, entrepreneur and jeweller. These stories of romance, travel and history were the founding concept behind Carousel Jewels: modern jewellery that takes us back. The sisters draw inspiration from their combined passion for art, fashion, travel, music, and culture across the South Asian diaspora to unify and celebrate cultural heritage and nostalgia with the present day. London-based jewellery designer, Deborah Blyth began designing in 2004, whilst living in Italy. The collection includes base earrings and chains, complemented by a range of interchangeable statement pendants to customise your look. Harfi’s mission is to bring affordable, demi-fine jewellery to shoppers, working directly with its artisan partners. With dual Mauritian-Trinidadian heritage and London roots, the co-founder’s mission is to create inspired, authentic, and expressive jewellery made with a conscience. Deborah is very mindful that the business be as sustainable as possible, and so she uses recycled silver and gold in all of the pieces. Her passion for the arts and love of nature combined to influence her process, which finds beauty in imperfections. Stellar 79 is a British demi-fine jewellery brand created by sisters Natasha and Sheena. The Cult of Youth collection has since expanded to include on-trend, fashionable jewels with a rock ‘n’ roll edge at accessible price points. Founder Sally Louise was inspired by the films of grandparents’ time, from Casablanca to Gone with the Wind and Lawrence of Arabia. Cult of Youth is a London-based silver jewellery brand founded by Kelly Seymour in 2011. The brand started out on a stall at Portobello Market, before being picked up by Urban Outfitters and sold at its stores. Designs are hand crafted through the process of lost wax casting in her studio, and stone setting takes place nearby in Hatton garden. Each piece of jewellery is created from start to finish within a small area of North London. A silver letter necklace spelling out MAMA became a bestseller, and this motif has been applied to new styles including rings and lockets.