Tag: Gold

In one of the more bizarre outside-the-box collaborations I have yet discovered, designer Jean-Paul Gaultier has teamed up with Dallas-based Dillon Gage Metals to create … a Gaultier one-ounce gold bar. Forget jewellery; he’s gone straight to the source.

Indeed, this is the first time a fashionista has plunged directly into the world of commodities itself, as opposed to what can be made from commodities. It’s a novel approach to the recent luxury world problem of the skyrocketing price of the yellow metal, which has seen many brands in a flight from gold, exploring other materials (silver, Palladium, diamonds) instead.

Jewellery by Marie-Helene de Taillac

Jewellery by Marie-Helene de Taillac. Image by Vanessa Friedman

Yesterday, on the last day of Paris Fashion Week, I dropped in on jeweller Marie-Hélène de Taillac, and we got to chatting about the price of gold. She said it had transformed her business.

First, it meant stones had become enormously more important. She showed me some little gold hoops decorated with minute gold “sequins” (very thin) discs the size of lentils, and then some much larger sparkling numbers of quartz and amethyst — really quite large amethysts — and asked which I thought was more expensive. They are pictured left.

What would be your guess?

Gold jewellery

Gold jewellery. Image by Getty.

Pity the poor jewellers of this world. As the price of gold soars and investors hoard bullion, the price of one of the luxury industry’s prime raw materials goes through the roof; suddenly, what was the base metal of high-end adornment has become as precious as the sparklers it normally holds.

Speaking at the India International Jewellery show, a four-day B2B event in one of the world’s most important gold jewellery markets, David Lamb, managing director for jewellery at the World Gold Council, said the WGC expected gold increasingly to “be treated as a jewel in its own right.”

Material World

with Vanessa Friedman

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Vanessa Friedman's blog deals with the fashion/luxury industry from both a corporate and consumer point of view, as well as the subject of dress.



Vanessa FriedmanVanessa has been the FT’s fashion editor since 2003, and is based in New York, though she lived in London for 12 years.
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