Sotheby’s decision to sell a 101.38 ct. pear-shape D color flawless diamond at a single-lot auction that allowed cryptocurrency was a weird, audacious gamble—that appears to have paid off.
A 2.00-ct pink has become the most expensive diamond from the iconic Argyle mine ever sold at an auction or public tender.
These five themes are defining the diamond market this year, and likely beyond.
Chopard is once again the official jewelry partner for the Cannes Film Festival, and over the past week-plus, the jeweler has delivered some stunning red carpet moments.
The Kimberley Process Civil Society Coalition (CSC) recently said that it is planning to approach the United Nations (UN) over the impasse on the redefinition of conflict diamonds and the principles of responsible sourcing.
The diamond industry is in its healthiest state in over a decade, but it will need to be proactive if it wants to maintain that progress.
Factors such as US fiscal policy and Chinese jewelry demand are boosting the market for now, but inflation and other complications are on the horizon.
Sharp growth at Richemont’s jewelry and watch brands buoyed the luxury company’s revenues in the first fiscal quarter amid a strong recovery in the US market.
‘Create Beautiful’ video released in Cannes at the occasion of the launch of the Progress Report.
The rough market is buoyant after yet another price increase by De Beers, leaving many in the trade scratching their heads. Goods are selling at strong premiums on the secondary market — double-digit percentages in some categories — as manufacturers continue to boost production after the past year’s coronavirus-induced stoppages.
Alrosa has unveiled a new diamond tracking system that uses nanotechnology to engrave gems, potentially allowing them to be traced from the mine all the way to the consumer.
Consumer desire for diamond jewelry remains strong while midstream demand in India is returning, the companies said.