OurBuzz
IIJS Tritiya 2024 opens in Bengaluru
IIJS Tritiya 2024 organised by GJEPC, opened at BIEC, Bengaluru today. The formal inauguration was done by Chief Guests Dr B Govindan, Chairman -Bhima Jewellery and Vinod Hayagriv, MD – C Krishna Chetty Group.Representing GJEPC were Vipul Shah Chairman-GJEPC, Kirit Bhansali, Vice Chairman – GJEPC and Nirav Bhansali, Convenor, National Exhibitions -GJEPC and other CoA members.
DiamondBuzz
Global Diamond Markets and Overall Prices Remain Steady
Steady Prices Mask A Polarizing Market Where Specific Large Shapes Win and Poorly Cut Diamonds Stagnate.
The natural diamond and high-end jewelry sectors are experiencing a period of selective resilience. While macro-market prices remain steady, structural shifts in consumer preference, inventory drawdowns, and geographic demand variations are creating distinct “winners and losers” across diamond cuts, sizes, and geographies.
- Macro Overview: Global markets and overall prices remain steady. Dossier prices continue to recover—particularly in the 0.30 ct. round collection goods—following a significant inventory drop.
- B2B Buyer Behavior: Demand remains patchy. Wholesale buyers are strictly purchasing to fulfill specific, pre-existing orders rather than buying for inventory.
- Category Winners: Sales are heavily concentrated in 2-carat and larger diamonds. While rounds are stable, long fancy shapes (Ovals, Marquises, Emeralds) are outperforming rounds in the 2 ct.+ category. High-quality Marquises, long Radiants, and long Cushions are in short supply.
- Shape Premiums & Trends: > * Marquise is currently the most expensive fancy shape.
- Long Cushions are highly liquid, trading at a 20% to 25% premium over square cushions.
- Antique cuts/styles and well-proportioned, elongated Ovals (D–I color, VS–SI clarity) see robust demand, especially in the US.
- Illiquidity Risk: Poorly proportioned fancy shapes remain entirely illiquid.
Correction In Gold Prices Prompts Margin Calls On Some Bullet‑Repayment Gold Loans
Global Diamond Markets and Overall Prices Remain Steady
GJEPC Highlights Key Policy Priorities At Hon’ble CIM’s Export Promotion Mission Review Meeting
Tanishq’s “Souls in Symphony” Campaign: Celebrating Sisterhood
Indriya, Aditya Birla Jewellery, Sets A New Industry Standard With Diamonds Of The Highest Sparkle
Correction In Gold Prices Prompts Margin Calls On Some Bullet‑Repayment Gold Loans
-
BrandBuzz20 hours agoTanishq’s “Souls in Symphony” Campaign: Celebrating Sisterhood
-
National News18 hours agoCorrection In Gold Prices Prompts Margin Calls On Some Bullet‑Repayment Gold Loans
-
BrandBuzz5 days agoIndriya, Aditya Birla Jewellery, Sets A New Industry Standard With Diamonds Of The Highest Sparkle
-
DiamondBuzz20 hours agoGlobal Diamond Markets and Overall Prices Remain Steady
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.