De Beers gave a positive outlook for 2020 due to an improvement in the industry’s inventory situation, despite growing concerns about Chinese demand. Early data from the holiday season indicate midstream stock levels are more balanced than they were, the company reported Thursday in parent company Anglo American’s annual financial results. The miner maintained its … Read more
Diamond grader Roy Cohen is urging Australians to get diamond rings engraved He argued a serial number on diamond girdle could stop illegal pawn shop sale Insurance premiums can also be reduced for jewellery inscribed with a code A romantic marriage proposal is a significant milestone in many people’s lives. Engagement rings can also cost … Read more
Lower prices and marketed ethical and sustainable benefits relative to that of natural diamonds has been the prominent narrative around man-made diamonds, but a seemingly less obvious factor is also likely helping to drive the product: the profit margin they offer retailers. When analysing the wholesale and retail prices of unbranded man-made and natural diamonds, … Read more
Lightbox has added grading information for its synthetic white diamonds in an effort by the De Beers brand to bring further transparency to the lab-grown sector. The company will provide technical specifications showing the minimum quality of its stones across cut, color, clarity and carat weight, Lightbox said Monday. It will include these descriptions with … Read more
ALROSA has sold its 6.21-carat cushion cut fancy intense pink purple diamond to Larry West, a New York-based collector of exclusive pink diamonds. The stone originates from Yakutia, where it was discovered and polished by ALROSA. For over 40 years, Larry J. West, the owner of New York’s L.J. West Diamonds, has been searching for … Read more
Exhibitors at IIJS Signature in Mumbai expressed confidence India’s wedding tradition and enduring love of gold would help the nation’s jewelry industry overcome its current difficulties. Economic uncertainty, high gold prices, tight regulation and the outbreak of the coronavirus in China have created challenges for the Indian jewelry sector, traders told Rapaport News during the fair, which … Read more
FANCY PINK DIAMONDS soared 116% in value over the past decade, outpacing blues (81%) and yellows (21%), according to a report by the Fancy Color Research Foundation (FCRF), an Israel-based group that tracks diamond pricing data in the global trading centers of Hong Kong, New York and Tel Aviv. While the overall index for fancy-color … Read more
Revenue from Angola’s national diamond-trading company, Sodiam, rose 6% in 2019 as the company sold a higher volume of rough goods. Proceeds for the year came to $1.3 billion from the sale of 9 million carats of rough diamonds, compared with 8.4 million carats in 2018, the government said in a Facebook post last week. … Read more
Import of rough diamonds fell 15.54% in the first 10 months of this financial year, according to the Gem & Jewellery Export Promotion Council (GJEPC). Industry executives anticipate a further fall of 10-15% in February and March, as manufacturers are not keen to build up inventory in the wake of coronavirus outbreak which has affected … Read more
Your diamonds are possibly the most valuable item you own. Valuable not just in monetary terms, but because of their sentimental value. It might be your engagement ring, a wedding ring, a pendant gifted by a grandparent or even your favourite set of earrings. These items come with a strong emotional attachment and it can … Read more