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GIA team examines Winston Red, a  rare 2.33-carat red diamond

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A team of scientists from the Gemological Institute of America (GIA), collaborating with their colleagues from the Smithsonian National Museum of Natural History Department of Mineral Sciences and the curator from the Paris School of Mines, recently examined the Winston Red diamond – a very rare 2.33-carat red diamond which is now on display at the Smithsonian’s National Museum of Natural History in Washington, D.C. The Winston Red diamond is the fifth-largest diamond with an exceptionally pure red colour known to exist and the only such red diamond on public exhibit.

“The Winston Red diamond is one of the most exquisite gems on earth, from its unparalleled deep-red colour to its rich history,” said Susan Jacques, GIA president and CEO. “Natural fancy-coloured diamonds are very scarce, and red diamonds are exceedingly rare treasures of Mother Nature. Just two dozen pure red diamonds over one carat exist in the public record. Evaluating this spectacular gem is a scientific milestone for GIA and builds upon our expansive expertise in fancy-coloured diamonds.”

It’s fascinating to understand just how rare red diamonds are. Out of all the colored diamonds the GIA has examined, only a tiny fraction are red, and even fewer achieve the ‘Fancy red’ grade like the Winston Red.

Through careful analysis using advanced instrumentation and drawing on decades of research, experience and historical records, GIA scientists and their collaborators were able to determine the cause of the diamond’s rare colour and its possible geographic origin, which is most likely Brazil or Venezuela, based on its mineralogical characteristics and history.

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International News

Gold prices climbed above $4,250 ahead US ISM Manufacturing PMI release

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US spot Gold prices climbed above $4,250 early Monday, touching a six-week high as investors turned cautious ahead of the upcoming US ISM Manufacturing PMI release. The yellow metal is poised for further upside momentum if it secures a sustained daily close above the crucial $4,250 resistance level.

The US Dollar opened December on a softer note, pressured by rising expectations that the Federal Reserve may announce a rate cut next week. Growing market confidence in easing monetary conditions has boosted the appeal of non-yielding assets such as gold.

Analysts note that a decisive break and close above $4,250 could reinforce bullish sentiment and pave the way for an extended rally in the days ahead. As global markets await fresh cues from the US economic calendar, gold continues to benefit from a favorable macroeconomic backdrop and robust safe-haven demand.

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