Less Chinese tourism means less luxury sales
The luxury sector in the West is worried about the Chinese. The steady flow Chinese tourist to Europe, Japan and other western destinations is drying up and fears are, it will die down to a trickle.
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Alrosa testing payments in euros
Alrosa has begun accepting payments in euros, as it continues to test the waters with currencies other than dollars.
How should lab-grown diamonds be graded?
In 2006, when Gemological Institute of America (GIA) chairman Ralph Destino announced that its grading lab would issue reports for lab-grown diamonds, it caused a huge uproar and fear in the traditional diamond market. But it shouldn’t have.
HRD Antwerp is now grading lab-grown diamonds like natural
HRD Antwerp is now grading lab-grown diamonds using the same color and clarity scales it applies to natural stones, the laboratory confirmed to National Jeweler.
Time for the trade to reengage with bridal
There’s a caveat that Stephen Lussier emphasizes when marketing diamonds to millennials as a symbol of love.
Petra unearths 101ct. rough at Cullinan
Petra Diamonds recovered two gem-quality rough stones from its Cullinan mine in South Africa Friday the 8th of Mars.
WDC welcomes UN General Assembly resolution on reform of KP
The World Diamond Council has welcomed the adoption of a resolution by the United Nations General Assembly (UNGA) on March 1, which calls for a strengthening of the Kimberley Process (KP),
ALROSA’s February sales of rough and polished diamonds reach $345.6 m
Press release – ALROSA, a global leader in diamond production, reports diamond sales for February 2019.
Lab-Grown diamond detectors out to the test
The Diamond Producers Association (DPA) and Signet Jewelers have published the first results of their program designed to measure how well lab-grown diamond detectors actually do what they claim.
UN resolution urges Kimberley Process reforms
The United Nations General Assembly (UNGA) has enacted a resolution calling for reforms to increase the effectiveness of the Kimberley Process (KP), the World Diamond Council (WDC) said.
Differentiate – don’t grade!
During the week of 4th March, the cover story in the March issue of IDEX Magazine discussed, among other things, the danger that undisclosed, melee-sized synthetic diamonds pose to the diamond supply pipeline.
U.S.–China trade war looms…and, yet, optimism
Hallways were buzzing with attendees, booths were filled, and orders were being penned, but this yearlong U.S. trade war with China loomed like a specter at the 36th biannual Hong Kong International Jewellery Show, which wraps today.