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So far, 2018 has been a positive year for the diamond trade, with the US and China, the two largest diamond-jewelry markets, showing steady growth. In fact, in China, the jewelry-retail sector has experienced positive results after three years of decline.
Tiffany & Co. has been added to the list of Gem Award winners for 2019.
Sotheby’s brought in a total of HKD 315.2 million ($40.2 million) at its Hong Kong auction Wednesday the 3th. as a 5-carat blue diamond fetched $13.8 million.
U.S. consumers are expected to spend more on holiday shopping this year, and millennials likely will be the biggest spenders of all, according to a recent Accenture survey.
The Responsible Jewellery Council (RJC) has entered into a collaboration that, it claimed, will significantly increase the volume of artisanal-mined gold in the market.
The 5-carat fancy vivid blue ‘Ai’ diamond was named after the Chinese word for love, and one buyer certainly fell for the stone at auction Wednesday—to the tune of $13.8 million, to be precise.
Richemont is looking into buying Italian jeweler Buccellati, an unexpected turn given its current owner purchased it just a little more than a year ago, according to a Reuters report quoting Italian newspaper Corriere della Sera‘s supplement L’Economia.
The Responsible Jewellery Council (RJC) announced it is reviewing its Code of Practices (COP) standard.
Bonhams has sold a pink diamond for $583,551 per carat, a world-record price for its color category, the company reported.
Andrew Bone will step down as executive director of the Responsible Jewellery Council (RJC), the organization said Tuesday.
The Indian government has raised the import duty on cut and polished diamonds and processed colored gemstones to 7.5 percent from 5 percent.
The program is part of De Beers Group’s three-year partnership with UN Women, which includes a US$3 million investment to advance women and girls in De Beers Group’s diamond producing countries, announced in September last year.