NEWS

Fancy color diamond price index slightly up in Q1 2017

Fancy color diamond price index slightly up in Q1 2017

New York: The Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy color diamond categories. The main exception was blue fancy color diamonds, which saw a 1.9% price increase in the first 3 months of 2017, continuing the trend of 2016. During the same time, yellow and pink fancy color diamond prices remained largely unchanged. Overall, the Fancy Color Diamond Index for all shapes and sizes was up 0.2% for the period.


HRD Antwerp Inaugurates New office in Mumbai

HRD Antwerp Inaugurates New office in Mumbai

Mumbai: HRD Antwerp officially inaugurated its new lab & office premises in Mumbai on Tuesday the 25th of April, in the presence of His Excellency Secretary of State for Foreign Trade of Belgium Mr. Pieter De Crem. This expansion underscores HRD Antwerp's commitment to fundamentally strengthening the ties between the world's leading diamond trading center – Antwerp – and the Bharat Diamond Bourse - the world's largest diamond bourse.


Jewellery World Discusses Concept of “Oneness”

Jewellery World Discusses Concept of “Oneness”

Shenzhen: Prestigious industry leaders and design experts shared their interpretations of “Oneness,” the theme of the Xifu International Gold Wedding Jewellery Design Competition 2017 at a forum on April 19, 2017. Organised by the competition, the forum at the Shenzhen Convention Centre was attended by students, aspiring contestants and jewellery aficionados.


Bond Girl to Model Jewellery by Roberto Coin During CARAT+

Bond Girl to Model Jewellery by Roberto Coin During CARAT+

Antwerp: Caterina Murino, star of the James Bond blockbuster hit, Casino Royale, will model jewellery by the renowned Italian designer Roberto Coin, during the glittering CARAT+ Night, on Sunday, 7 May.


BlueStone Aims Rs. 1000-Crore Earnings in Next FY

BlueStone Aims Rs. 1000-Crore Earnings in Next FY

Mumbai: Ratan Tata backed online jewellery firm BlueStone.com is targeting a revenue of Rs 1000 crore in FY19 and expecting to achieve profitability around the same time. The company has clocked a turnover of Rs. 250 crore in FY17.


India Mulls a Comprehensive Gold Policy

India Mulls a Comprehensive Gold Policy

New Delhi: The Commerce Ministry is planning to introduce a comprehensive gold policy, CNBC-TV18 said citing a NewsRise report. According to a ministry official, the gold policy will likely suggest a gold board for overseeing the gold and jewellery sector. “The Commerce Ministry will seek shareholders’ inputs on this policy by June and submit a proposal to the Finance Ministry by August,” the official added.


De Beers Sales Rise Amid Market Recovery

De Beers Sales Rise Amid Market Recovery

Gaborone: De Beers’ rough-diamond sales and production grew in the first quarter, signaling upbeat sentiment in the manufacturing sector.


US Jewellery Stores Closing at Slower Rate

US Jewellery Stores Closing at Slower Rate

New York: The shrinking of the US jewelry industry slowed in the first quarter, as the number of shops shutting their doors dropped by 16%, according to the Jewelers Board of Trade (JBT).


Petra Diamonds Sees Steadiness in Rough Sector

Petra Diamonds Sees Steadiness in Rough Sector

Johannesburg: Petra Diamonds’ sales slipped 1% in the third fiscal quarter amid a stable rough market, the miner reported.


DMIA Mourns Death of Lloyd Jaffe

DMIA Mourns Death of Lloyd Jaffe

New York:  The board and members of the Diamond Manufacturers and Importers Association of America (DMIA) issued a statement on Friday, mourning the death of Lloyd Jaffe, a former officer and longtime member of the DMIA. The statement reads as follows:


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