De Beers June sight estimate at $540M
The De Beers June sight had an estimated value of $540 million and signaled cautious cutting center sentiment as the recent rupee depreciation has weighed on the Indian market and overall liquidity.
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The De Beers June sight had an estimated value of $540 million and signaled cautious cutting center sentiment as the recent rupee depreciation has weighed on the Indian market and overall liquidity.
No two diamonds are alike and it seems neither are their grading certificates. A survey by RapNet – the Rapaport Diamond Trading Network, found significant differences between laboratories grading the same diamond.
On July 12, 2012, Yahoo disclosed that more than 400,000 usernames and passwords to Yahoo and other companies were stolen. The hack, a major breach of security for any firm, was not limited to Yahoo email accounts.
The issue of variable lab diamond grading standards has been around for a while, but it seems to be dominating trade chatter in a way that it hasn’t before.
Las Vegas-According to De Beers Group and its CEO Philippe Mellier, the future of diamonds lies in diamond brands, particularly those with a traceable, and clean, history.
After sending 10 different diamonds to grading labs in the United States and abroad, a Rapaport survey found opinions that differed by as much as three color grades.
By most accounts, this week’s Las Vegas jewelry shows were positive even if diamond trading was not especially vibrant.
The early morning line at Starbucks is very long, filled with optimistic jewelry manufacturers, driven diamond wholesalers, tired members of the trade press, eager toolmakers and many marketing folks.
JCK sent a single diamond to a quartet of industry labs to gauge their consistency (or lack thereof).
History has it that India was once the main producer of diamonds, till diamonds were discovered in Brazil and Africa. Today, however, India is the main supplier of finished diamonds to the world.
IDEX Online is a pioneer trading platform designed to change the way diamond transactions are made putting them on a technologically new footing completely on a par with modern communication environment.
The JCK Las Vegas show closed Monday as activity signaled improved sentiment in the U.S. jewelry retail market.