OurBuzz
IIJS Signature 2023 Extended To 5-Day Show
Mumbai, 13th September: The Gem & Jewellery Export Promotion Council (GJEPC) announces that IIJS Signature 2023 has been extended to a five-day show format owing to the popular demand from participants and the gem & jewellery trade at large.
IIJS Signature will be almost double in size compared with IIJS Signature 2022, with more than 2500 stalls and it is estimated that more than 1300 exhibitors will participate. The largest ever IIJS Signature show to date, spread over an area more than 65,000 sq m, will now be held from 5th to 9th January, 2023 at the Bombay Exhibition Centre, Mumbai. The show is expected to draw an estimated 32000+ visitors.
Nirav Bhansali, Convener, National Exhibitions Sub-committee, GJEPC, explained, “The magnitude of the upcoming IIJS Signature show will be similar to that of IIJS Premiere 2022. The astonishing success of the August show has created a ripple effect in terms of demand that is expected to last until IIJS Signature. We had been receiving requests to extend IIJS Signature by one day as the four-day format was limiting the visitors’ ability to cover the entire show floor.”
The show is extended by another day making it a 5-Day show similar to the duration of IIJS Premiere, with no additional participation cost to the exhibitors for the extension to facilitate participation from small exhibitors.
The different product sections of IIJS Signature 2023 will include Gold & Gold CZ Studded Jewellery; Diamond, Gemstone & Other Studded Jewellery; Loose stones, Lab-grown diamonds; Silver Jewellery, Artefacts & Gifting Items; Laboratories & Education; and Machinery & Allied.The Combo Space Application form for the two shows, IIJS Signature 2023 and IIJS Tritiya 2023, is already LIVE and the Registration ends on 15th September, 2022.
DiamondBuzz
Natural Diamond Council: Average Engagement Ring Price Surpasses $7,000 in 2025
Round Cuts Dominate Sales as Larger Carat Stones, Gen Z Buyers and Self-Purchases Drive US Natural Diamond Demand
The average price of an engagement ring in the US rose 9% in 2025 to $7,364, according to the latest trend report released by the Natural Diamond Council (NDC).
Round diamonds continued to dominate the engagement-ring category, accounting for 62% of units sold, followed by oval shapes at 14%. The average center stone size stood at 1.16 carats, with SI1 clarity emerging as the most common grade. Overall, diamond engagement rings — including loose stones and semi-mounts — represented 38% of natural-diamond jewellery sales by volume during the year.
The report, based on data compiled by Tenoris from more than 4 million jewellery transactions across 2,500 US specialty retailers, highlighted evolving consumer preferences in cut, carat weight and design. Celebrity engagement trends also influenced demand, with styles such as marquise and elongated cushion cuts gaining visibility.
Beyond engagement rings, tennis bracelets, wedding bands and pendants recorded the strongest growth in units sold. Bracelets led in pricing, rising 15% year-on-year to an average of $3,600. The average price of rings increased 11% to $2,537, while necklaces climbed 40% to $2,366. Earrings rose 17% to $2,068, and pendants advanced 17% to $1,126.
In terms of stone size, sales of 1.50–1.59 carat diamonds grew 15%, and 2–2.24 carat stones increased 10%. Although the 1–1.04 carat category maintained the largest market share, it experienced a 7% decline in sales volume.
Looking ahead, the NDC projects that Gen Z consumers will remain the fastest-growing segment of diamond buyers in 2026, with younger shoppers increasingly driving self-purchase trends. The council also noted growing momentum in men’s diamond jewellery, supported by rising visibility and shifting cultural attitudes toward diamond ownership.
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