Mumbai Exchange Mulls Lifting Synthetics Ban

Bharat Diamond Bourse

Mumbai’s Bharat Diamond Bourse (BDB) is considering allowing synthetic-diamond trading on the exchange premises, its president told Rapaport News. Some members have asked management to reconsider its 2015 ban on selling lab-grown diamonds anywhere in the BDB’s vast office complex, Anoop Mehta said this week. The bourse will consult with members after the Diwali vacation … Read more

Marie Antoinette Pendant Sells for $36M

Sotheby's Royal Jewels

A natural pearl and diamond pendant belonging to Marie Antoinette smashed its price estimate and capped off a record-breaking sale at Sotheby’s Geneva auction.