7 of the best places to buy lab grown diamonds

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Here’s a look at the latest developments in the precious metals market for the week beginning 4/1/2022.

  • Gold prices today fall for third day in a row
  • These States Now Require Students to Learn About Personal Finance
  • 7 of the Best Places to Buy Lab Grown Diamonds

Gold prices today fall for third day in a row

Gold prices today edged lower, extending losses to the third day. On MCX, gold futures were down 0.28% to  ₹51,387 per 10 gram while silver futures rose 0.5% to  ₹66,623 per kg. In global markets, gold rates were slightly lower today amid a steady US dollar. Spot gold was down 0.2% at $1,929.31 per ounce. The dollar index held steady today at 98.960 after three straight sessions of gains. Last month, gold rates had hit a high of ₹55,600 per 10 gram in domestic markets. 

A stronger dollar makes gold less attractive for other currency holders. Firm US bond yields also weighed on the precious metal. Higher yields increase the opportunity cost of holding non-paying bullion. 

Global equity markets were mixed after the European Union proposed a ban on coal imports form Russia, ratcheting up pressure on Moscow over the invasion of Ukraine.

Global gold prices marked a quarterly gain in the first quarter of 2022 as safe haven appetite in gold remained firm on geopolitical tensions, inflation fears and steady inflow in gold backed ETFs.

Analysts say that they expect a choppy trade inside  ₹52,000-50,000 levels and breaking either the sides would suggest fresh direction in near future.

Originally published on Mint.com

To learn more: Gold prices today fall for third day in a row

These States Now Require Students To Learn About Personal Finance

Americans struggle with financial literacy, and it’s rooted in how they’re exposed to money from childhood on.

A widely cited study by Standard and Poor’s in 2016 found that only 57% of adults in the United States are financially literate, meaning they understand three out of four fundamental concepts for financial decision-making.

Now, states are stepping in to require students to learn more about personal finance at school.

Florida, Nebraska, Ohio and Rhode Island have all recently passed laws making personal finance courses a graduation requirement for high schoolers. The push comes after the coronavirus pandemic wreaked havoc on the American economy and flipped the financial well-being of many Americans upside down.

“The pandemic brought to light how important managing your money is because so many had to cut back or lost their jobs,” says Leigh Singleton, director of Monifi Bank MoneyMoments, a consumer financial education program. “It’s an important topic to teach our kids.”

Only 7 U.S. States Require Students to Learn About Personal Finance

Alabama, Mississippi, Missouri, North Carolina, Tennessee, Utah and Virginia require high school students to take at least one semester of a personal finance course before graduation; one is currently implementing the requirement (Iowa); and four (Florida, Nebraska, Ohio and Rhode Island) are preparing to implement it in the near future.

Originally published on Forbes by Kelly Anne Smith

To learn more: These States Are Now Requiring Students to Learn About Personal Finance

7 of the Best Places to Buy Lab Grown Diamonds

Since their introduction to the public, lab grown diamonds have been received with a bit of hesitation. Consumers are sometimes skeptical—and rightfully so, how can anything in a lab compare to that found organically in nature? But with new technologies and sustainable practices, there’s something to be said about all of the benefits of lab created diamonds.

One of the upsides to shopping lab grown is that it’s a more sustainable route for purchasing new diamonds—there’s no mining and many companies are creating them using renewable energy, leaving behind zero emissions. Another benefit is that shopping lab grown maximizes your budget without necessarily sacrificing on quality.

Below, we’ve included 7 of the best jewelers offering lab created diamond engagement rings. 

Originally published on Forbes by Annie Davidson

To learn more: 7 of the Best Places to Buy Lab Grown Diamonds