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Diamond market overview There was overall steady demand for polished over the past week. Some traders were cautiously optimistic about the JCK trade show in Las Vegas early June, citing selective restocking in the retail market.
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fourth sales cycle of 2017.
Members of the Responsible Jewelry Council (RJC) have elected Didier Théraulaz of Piaget as vice chairman, and reelected De Beers’ Feriel Zerouki as honorary treasurer, the organization said Monday.
Graff Diamonds has revealed that it acquired the 373.72-carat rough fragment that fell off the Lesedi La Rona diamond — and says it has the potential to yield a “significant polished stone.”
Lucara Diamond Corporation has sold a stone that was originally part of the second-largest rough diamond in history for more than $17 million.
Indian banks have supported the Indian gem and jewellery industry over the years, so much so that today the sector has grown to become a world leader.
Sarine Technologies, which supplies equipment to diamond manufacturers, saw sales increase in the first quarter, reflecting improved sentiment in the cutting and polishing sector.
Jewelry sales at Richemont — owner of Cartier and Van Cleef & Arpels — increased 7% in the past fiscal year, standing out as a rare growth sector for the luxury group.
Over the last years, production of gem-quality synthetic diamonds in Russia and abroad has been on the fast track. According to analysts, synthetic diamond output by 2035 will match that of natural diamonds.
At 8 a.m. Tuesday, Tiffany & Co. posted a note written expressly for Donald Trump on its Facebook page.
Chow Tai Fook has joined forces with Chinese online retail giant JD.com, which will become the jeweler’s preferred internet sales channel.
“It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you would do things differently.” — Warren Buffett.