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.
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.
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.
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
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.
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.
Gaborone: De Beers’ rough-diamond sales and
production grew in the first quarter, signaling upbeat sentiment in the
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).
Johannesburg: Petra Diamonds’ sales slipped
1% in the third fiscal quarter amid a stable rough market, the miner reported.
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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