The R&M “Lettre”

Christie’s sold $51 million worth of jewelry at its Magnificent Jewels auction in New York on Wednesday, with the event led by a diamond ring that fetched $5.6 million.

The center’s offerings include polished diamond grading services, diamond verification services, and melee testing and screening.

The Gemological Institute of America (GIA) has started accepting stones for its automated melee testing service, which identifies potential synthetics in batches of small diamonds.

ABN AMRO predicted polished diamond prices will increase next year as it expects improved economic conditions to boost U.S. and Chinese demand.

Looking at a possible future where grading is more automated.

Sarine Technologies said third-quarter sales bounced back from a year ago, reflecting an improvement across the industry.

Richemont is on the cusp of another round of layoffs at its Swiss watchmaking operations as demand for timepieces sank this year.

The third Mediterranean Gemmological and Jewellery Conference will be held in Syracuse, Italy, following meetings in Greece in 2015 and in Spain earlier this year. ‫ 

The London Diamond Bourse in Hatton Garden is measuring the impact its businesses have on the environment.

The Asian jewelry powerhouse is opening a branded shop at a New York City Macy’s.

Basel, Switzerland–The Swiss Gemological Institute said it has become the first grading laboratory in the world to introduce the “ground-breaking” GemTOF instrument in its facility.

The retailer says its Fifth Avenue flagship is “open for business,” but analysts fear a drop-off in traffic.