Daily News

Chinese jewellers among the world's 100 luxury leaders

Major Chinese jewellers were among the world’s 100 most powerful luxury goods companies, according to research firm Deloitte's Global Powers of Luxury Goods 2018.

Russian mining giant Alrosa reopens US office

In a bid to further strengthen its business in the US, Russia's Alrosa recently reopened its representative office in New York where it successfully held a rough diamond auction.

Advanced synthetic diamond seminar in HK

The Gemological Institute of America is conducting a synthetic diamond seminar scheduled for June 19 in Hong Kong. The programme will be taught by GIA research scientists and experienced instructors.

Shenzhen Fair records 31% rise in visitor numbers

Robust attendance figures at the China International Gold, Jewellery & Gem Fair – Shenzhen confirm the continuing success of UBM Asia’s premiere jewellery show in mainland China.

Jewellery business fuels Richemont sales

Swiss luxury goods group Richemont reported a 3 percent growth in sales for the year ended March 31, 2018 on the back of strong retail performances of jewellery and watches.

Tahitian Pearls: Treasures of French Polynesia

The warm incandescent glow of Tahitian pearls never fails to exude elegance and sophistication along with a delightful hint of mystery in its mesmerising depths.

Diamond jewellery demand hits record US$82b, says De Beers

Global demand for diamond jewellery hit a new all-time high of US$82 billion in 2017, up 2 percent from the previous year, according to an industry insight data published by De Beers Group.

Young buyers, bridal sector to fuel platinum jewellery market in 2018

Young consumers as well as the bridal jewellery and self-purchasing sectors are expected to drive growth in the platinum jewellery market in 2018, the Platinum Guild International (PGI) announced recently.

Alrosa's rough diamond sales climb 43% in Q1 2018

Russian mining giant Alrosa said its rough diamond sales reached 13.4 million carats during the first quarter of 2018, up 43 percent compared to the same period in 2017.

Blue diamond prices up slightly in Q1, says FCRF

Prices of fancy colour diamonds remained stable across most categories in the first quarter of 2018, with fancy blue diamonds recording a moderate increase, the Fancy Color Research Foundation reported.

Rare blue diamond breaks auction records

An exceptional 3.47-carat fancy intense blue diamond ring set a new world auction record when it sold for US$6.7 million at a recent Sotheby’s sale in New York.

Gold jewellery demand stable in Q1 2018

Global demand for gold jewellery was steady at 487.7 tonnes in the first quarter of 2018, one percent lower compared to the same period in 2017, the World Gold Council reported.

Star Power at 2018 Cannes Film Festival

Movie stars and jewels are shining brightly on the red carpet of the Cannes International Film Festival 2018, which runs from May 8 to 19. At the May 8 opening ceremony, dazzling elites of the Silver Screen and the runways upped the ante on glamour through exquisite gowns, scintillating jewels and sheer star power.

De Beers tracks high-value diamonds using blockchain

De Beers Group has successfully tracked 100 high-value diamonds along the value chain through its industry blockchain platform, marking the first time a diamond’s journey has been digitally tracked from mine to retail.

IDI names new managing director

The Board of Directors of the Israel Diamond Institute recently appointed Aviel Elia as the institute's new managing director, replacing Eli Avidar.

GJEPC, banks tackle finance issues in diamond sector

India’s Gems & Jewellery Export Promotion Council (GJEPC) is collaborating with leading banks in addressing financial issues in the diamond industry.