The R&M “Lettre”

Americans spent more than $80 billion on jewelry and watches last year, according to the U.S. Bureau of Economic Analysis, a 7 percent increase over 2017.

Diamonds with this trait may fetch lower prices on the market, but some in the trade are embracing the opportunities they offer.

Have you read the cover story of IDEX Magazine’s March edition? If not, please take a few minutes this weekend to read it.

Alrosa has signed anagreement with Angola’s state-run diamond-mining company to develop joint projects and share information. 

The National Bank of Fujairah (NBF) has launched a representative office in Antwerp as it looks to expand its business lending to established diamond traders. 

The Diamond Producers Association has launched a diamond e-learning program for U.S. retailers.

GIA (The Gemological Institute of America) announced it will introduce the GIA Diamond Origin Report service which will confirm the country of origin of polished diamonds.

Tiffany & Co. is continuing its relationship with Lady Gaga, using one of the dozen songs the Academy Award winner penned for “A Star Is Born” in its new advertising campaign. 

De Beers’ Lightbox brand is adding more lab-grown 1 ct. solitaires, which go for $800 a ct., to its site—but in a twist, they are being sold with piercings.

Rough-diamond prices will remain sluggish this year as the market challenges that arose in the second half of last year are set to continue, two investment banks have warned. 

Prices of small polished diamonds, also called melees, are expected to drop further in the next three, to four months as diamond manufacturers in Surat are selling off their inventories at discounts of 30 to even 40 percent to pay of loans they have taken with their local banks, The Times of India reports. The […]

The 2019 version of Holly Golightly now just has to chomp croissants by her computer.