Rough price correction – part 2
The rough diamond price cuts by De Beers at last week’s January sight were not far reaching enough. The mining company reduced prices by an average 4 percent,
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The rough diamond price cuts by De Beers at last week’s January sight were not far reaching enough. The mining company reduced prices by an average 4 percent,
Six months have passed since De Beers unveiled a revolutionary device for detection of small synthetic diamonds – the Automated Melee Screening Device (AMS).
New York – Though gold is expected to decrease in price again throughout the year, 2015 could end with a slight uptick, setting the stage for a price recovery next year.
Alrosa announced, Thursday, January the 29th, that production in its fourth quarter increased 8 percent over the previous quarter, to reach 10.56 million carats.
By all accounts, the mood at this week’s De Beers sight in Botswana was grim, particularly for January—traditionally an upbeat meeting.
The “Diamond Rush” that has for so many years been both a feature, and integral part of the rough diamond cycle has been distinctly lacking in 2015, making it one of the poorest starts for the industry in several years.
The De Beers Group of Companies today (Wednesday) announced the 2015 Forward Contract Sales (FCS) program for its Auction Sales business.
Life with a diamond is just the same. But better…. If only consumers could think like that, life in the diamond industry would certainly be that much easier and sales would increase.
When we launched this website at Rubel & Ménasché, our ambition was to get to know the diamond industry better. And to do our best to help you understand it!
Rough diamond prices are expected to soften in January with a high level of refusals anticipated at next week’s De Beers and ALROSA sales.
Geneva – Sales growth in the U.S. outpaced that of other regions in the third quarter for luxury goods conglomerate Richemont, with jewelry and upscale e-commerce site Net-a-Porter turning in the strongest performances.
The Diamond Empowerment Fund (DEF) honored Jane Seymour and her Open Hearts Foundation together with David Rocha and Jewelers for Children for their commitment to giving back to the community.