US consumer demand for diamonds ‘consistent’
New York – Polished diamond prices continued their slide in September, with U.S. demand for diamonds described as steady but growth in other key markets restrained.
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De Beers October rough sales reflect depressed diamond market
De Beers sightholders refused about half of their allocated supply last week, reducing the estimated value of rough sold at the sight to $200 million.
ALROSA unearths 103-carat diamond at Jubilee pipe in Russia
Russia’s ALROSA has discovered a 102.85-carat diamond with a moderate yellowish hue at its Jubilee kimberlite pipe that is thought to be worth more than $480,000.
ALROSA also working on synthetic diamond detectors
Russian diamond producer Alrosa is developing faster and more efficient synthetic diamond detection devices, its president Andrey Zharkov said during an Oct. 13 speech at the World Diamond Council meeting in Moscow.
Where diamonds are mined & why that matters to retailers and consumers
For diamond jewelers in today’s market, knowing the source of their diamonds is an invaluable sales tool. Knowing where diamonds originate influences socially conscious consumers in their decision of what to buy and where to buy. No one wants to declare love with a blood diamond.
India: stars and melees still running the show
Trading in the diamond market was quite brisk in August, with overseas buyers making their trip for their purchases; and the domestic buyers stocking up for the same reason and more…wedding season!
First look: the return of ‘A Diamond is Forever’
New York – De Beers’ new Forevermark commercials, which include the very well-known slogan “A Diamond is Forever,” are set to begin airing in the U.S. market next month.
HRD Antwerp recently examined a 3.09 ct CVD lab-grown diamond
A 3.09 ct CVD lab-grown diamond was recently examined at HRD Antwerp. It is the first time that a CVD synthetic diamond of this size is encountered at the lab.
Pink Diamonds and the investment question
Last week, the Argyle pink tender rolled into town. Which once again brings up the “I” word—investment.
This holiday season, it’s all about omnichannel
New York – According to a few early predictions, this holiday season could turn out to be a happy one for retailers. Market research company Emarketer has predicted that retail sales in November and December could reach $885.7 billion, a nearly 6 percent year-over-year increase.
Millennials: the new marketing challenge
A global marketing campaign launched by Hearts On Fire which targets the so-called Millennials, people born between 1980 and the early 2000s, has put the spotlight on to the issue of how to market diamond jewelry to this category of potential buyers.
WFDB supports Bharat ban while not opposed to synthetics trade
The leadership of the World Federation of Diamond Bourses (WFDB) isn’t opposed to the trade in synthetic diamonds but takes no issue with Bharat Diamond Bourse’s decision late last week to ban dealing in them.