NEWS
New research on Ruby by SSEF
Studies
methods of detecting
low-temperature
heated rubies from Mozambique
Since
their discovery in early 2009, the ruby deposits near Montepuez in Mozambique
have produced an impressive number of exceptional-quality stones, including
iconic gems such as the Rhino Ruby (22.04 cts), the Scarlet Drop (15.95 cts)
and the Eyes of the Dragon (a pair of rubies pair weighing 11.23 cts and 10.70
cts), all of which were analysed by the Swiss Gemmological Institute SSEF.
But
from the very beginning, there has been evidence in the market of lower-quality
rubies from Mozambique that have been heated with or without a flux (borax),
resulting in healed fissures with residue, and in some cases heavily-fractured
material that has been lead-glass filled.
The FTC does not harmonise global trade standards
CIBJO releases Ethics Commission Report
FTC neither with global trade nor
protects US consumer
CIBJO
releases Ethics Commission Special Report,
Focuses
on impact and implications of revised FTC Guides
Wedding Collection of Delicate craftsmanship
All-new Wedding Collection...
Indian motifs with Wedding Collection
Celebrate
Festive season with Om Jewellers
India and Russia focuses gold and diamond!
Suresh
Prabhu holds meetings with
Russian
Ministers at Vladivostok
Union
Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu, had a
meeting with Dmitry Kobylkin, Minister of Natural Resources and Environment of
Russian Federation. Both sides discussed issues of mutual cooperation in areas
of common concern like conservation of environment, saving the tiger, water
cooperation and environmental sustainability. Suresh Prabhu is in Vladivostok,
Russia, to attend the Far Eastern Economic Forum being held from 11th
to 13th September 2018.
Alrosa announces diamonds sale August
Alrosa,
the world’s largest diamond producer, announces diamond sales results for
August and eight months of 2018.
In
August, Alrosa Group sold USD 294.9 million worth of rough and polished
diamonds that shows a jump of +14% YoY. Rough diamond sales by value amounted
to USD 283.2 million, polished diamond sales – USD 11.7 million.
DeBeers Cycle shows firm-n-Steady diamond market!
Anglo
American rough diamond sales value for De Beers' seventh sales cycle of 2018 worth of US $505mn was lesser than Cycle 6 of
US $533mn. Looking at YoY, Cycle 7 of 2017 had been worth of US S507 is also
higher than the 2018!
Anglo
American plc announces the value of rough diamond sales (Global Sightholder
Sales and Auction Sales) for De Beers' seventh sales cycle of 2018, amounting
to $505 million. Until Cycle 6, DeBeers total sales reached
US$3.4
billion in 2018 while 2017 sold total rough worth of US$5.2 billion was less
than 2016 of US$5.6 billion.
IIDGR to partner with NGTC
To
extend diamond education courses offering in China
Will improve accessibility of IIDGR’s education courses for Chinese students through delivery by local tutors in the local language,in partnership with IIDGR experts
The International Institute of Diamond Grading and Research (IIDGR), part of De Beers Group, is pleased to announce that it will partner with the National Gemstone Testing Centre (NGTC), China’s leading authority in the testing and inspection of gems and jewellery, to extend the accessibility of IIDGR’s diamond education courses to students in China.
Tariff Wild Card threatens US retail
With
retail sales continuing to grow, imports at the nation’s major retail container
ports are expected to remain strong this month after setting three new records
this summer, according to the monthly Global Port Tracker report released by
the National Retail Federation (NRF) and Hackett Associates.
“More
tariffs could come any day, and retailers have been bringing in record amounts
of merchandise ahead of that in order to mitigate the impact on their
customers,” NRF Vice President for Supply Chain and Customs Policy Jonathan
Gold said. “Retail sales are growing stronger than expected this year thanks to
tax cuts and job creation, but tariffs are the wild card that threatens to
throw away a significant portion of those benefits.”
Shagun gupta unveils handcrafted bracelets
Celebrated
gemologist Shagun Gupta has unveiled her signature handcrafted bracelets for
the discerning woman who has penchant for luxury. The bracelets combine a
stunning array of luminous colors, contemporary designs and fiery diamonds
tailored to individualistic specifications. Every piece is an original design
using eclectic mix of diamonds, sapphires, emeralds and rubies. These signature
creations are tribute to the queen of gems whose allure the wearer may treasure
of generations.
The
bracelets are made of dazzling precious jewels that sprinkles a mysterious
charm combined with the beauty of customary white diamonds that create a strand
fit for royalty. The designs can also be exclusively customized in styles to
match individualistic taste and elegance. This handcrafted masterpieces stands
out because of its exceptional reflective sheen that is sure to draw the eye of
all those around you.
A Bang in US-China trade wars!
A Bang in US-China trade wars!
US
trade deficit with China reaches new record high!
According
to the CER, China’s trade data for August dealt a potential blow to
negotiations between Beijing and Washington to avoid a trade war, as the United
States’ monthly bilateral trade deficit reached the highest level on record. Data
from China’s General Administration of Customs released Saturday showed that
$31 billion more goods and services flowed from China to the US last month than
in the opposite direction.