DiamondBuzz
GJEPC’s LGD BSM:Showcasing diverse product range, creating long-term business relationships
GJEPC hosted Lab-Grown Diamond (LGD) Buyer-Seller Meet (BSM) on 10th – 11th April 2025 at Surat Diamond Bourse (SDB), marking a significant milestone for India’s emerging LGD sector. The event aimed to connect Indian LGD manufacturers with international and domestic buyers in a focused, business-oriented environment. The show opened on a warm note with the gracious presence of Hon’ble Chief Guest Shri Pareshbhai Patel.
Key Highlights:
- The BSM saw participation from leading LGD manufacturers, traders, and exporters, along with buyers from across the globe, including the USA, UAE, Hong Kong, and Europe.
- Held within the state-of-the-art premises of the SDB, the event showcased India’s growing capabilities in cutting-edge LGD technology, quality production, and competitive pricing.
- The meet was designed to provide pre-scheduled one-on-one meetings, facilitating efficient, transparent, and result-driven business engagements.
Foreign buyers were delighted to be at the LGD BSM, and hoping to create long term business relationships. LGD BSM was a platform to connect with Indian jewellery manufacturers who offer end-to-end services.
Surat- the diamond city of India , has lived up to its name for Johanna Brierley, Jewelery Design, Canada , as she got an opportunity to explore the diverse product range offered by the lab-grown diamond jewellery manufacturers. She is hopeful the meeting will pave the way for long-term business relationships. The USA has a great demand for lab-grown diamond jewellery, and Coomi aims to enter the industry soon. Michelle Kho, Coomi, is awestruck by the diverse product range and end-to-end manufacturing solutions that Indian Jewellery manufacturers offer. Assyly Adilkhan, Pure Gold , wants to cater to young consumers who blend style with elegance in their daily wear. Fashion is non-negotiable for them and an essential part of defining who they are. LGD BSM 2025 helped her to connect with Indian jewellery manufacturers who offer end-to-end services from metal sourcing to manufacturing to cut and polishing, which makes it convenient for her to meet the fast-fashion requirements of her consumers. Overall, she had an enriching experience at the meet.
DiamondBuzz
Sotheby’s Withdraws Rare 10-Carat Pink Diamond from Geneva High Jewelry Auction
The $20 million ‘Glowing Rose’ was expected to lead the sale but was removed after discussions with the consignor.
Sotheby’s has withdrawn a rare 10.08-carat fancy-vivid-pink diamond from its High Jewelry auction in Geneva, where it was estimated to fetch around $20 million. The Glowing Rose—a cushion brilliant-cut pink diamond set in a ring—was slated to be the star lot of the November 12 sale but never reached the auction block. The company did not disclose the reason for the withdrawal.
“The Glowing Rose is an absolutely beautiful pink diamond… however, following discussions with the consignor, the lot was withdrawn prior to the sale,” a Sotheby’s spokesperson told. The stone is notable as only the third cushion-cut vivid-pink diamond to appear at auction in the past decade and was showcased in Singapore and Taipei last month in a presentation mount by British jeweler Boodles.
Despite the withdrawal, the High Jewelry sale achieved CHF 29.8 million ($37 million), led by a 4.50-carat fancy-vivid-blue, internally flawless diamond that sold for CHF 4.8 million ($6 million). The event ran parallel to Sotheby’s Royal & Noble Jewels auction in Geneva.
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Sotheby’s Withdraws Rare 10-Carat Pink Diamond from Geneva High Jewelry Auction
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