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Following the United States’ decision – by means of a decree by President Donald Trump- to withdraw benefits under the Generalised System of Preference (GSP), the price of polished diamonds exported by India to the US will increase with seven to eight percent, according to rating agency CRISIL.
The discovery of a new source-rock indicator for diamond formation has the potential to help geologists locate and identify valuable diamond deposits around the world, a study by the University of Alberta and De Beers shows.
New Executive Director and chairman outline their strategy.
Christie’s sale of historic Indian jewelry and art was expected to be big, and it did not disappoint.
Presse release – US$390 million (provisional)
Are we on the verge of the gold rush—the sequel?
Press release – As Kimberley Process considers options for strengthening KPCS, WDC urges that consumers’ concern for product integrity be addressed.
The wider diamond world is engaging with the small-scale mining sector and taking steps to encourage better standards.
The midstream of the diamond industry is feeling a bit glum right now, Rapaport senior analyst and news editor Avi Krawitz said during a seminar on “Surviving a Turbulent Diamond & Jewelry Market,” held as part of the JCK Las Vegas educational program on May 30.
Lightbox Jewelry, the De Beers–owned lab-grown jewelry brand that’s set the low price bar for lab-created diamonds ($800 per carat), debuted a handful of trendy new jewelry styles at this year’s Luxury show in Las Vegas.
Jewelry is one of three categories in the luxury sector expected to see solid growth in 2019, as domestic consumption in China and the US increases, according to Bain & Company.
During last year’s holiday season, sales of smartwatches outpaced those of traditional watches in the United States for the first time ever, according to respected watch industry tracker the NPD Group.