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Large diamonds in demand at IIJS PREMIER 2023
Demand for larger diamonds – 3.0-cts and above – is strong, say traders at the IIJS Premiere 2023
Ovals, emeralds, pears, marquise and other fancy shapes are also popular. Fancy prices have held up better than rounds – down 25 per cent drop since February, compared to 30 or 35 per cent for rounds.
Organizers of the event, the biggest industry show after JCK, are expecting $5.9bn of trade by the time the six-day event closes on 8 August
“There is a notable demand for large stones, which are carat plus diamonds, and small diamonds below 50 points,” Akshay Shah, director of sales, Solitaires at Dharmanandan Diamonds,
Buyers reported positive sentiment ahead of Diwali, in November and the wedding season from November to February.
BrandBuzz
FIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory
FIFA Introduces Exclusive 18K Gold Championship Rings Set With Natural Diamonds and Sapphires, Marking A Landmark ,Moment For Both Football and The Jewellery Industry
FIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory.Alongside the iconic FIFA World Cup Trophy and gold medals, the winning team will receive exclusive Championship Rings—a first in the tournament’s history. Only 30 custom-made rings will be produced for the victorious players and key staff, with each ring personally sized and engraved, making every piece unique.
The championship ring is crafted in 18-karat gold and features 89 natural diamonds and 36 natural sapphires, symbolising victory, prestige and excellence.
Extending the celebration beyond the winning team, FIFA will also release 2,026 individually numbered Championship Rings, including 1,996 collector’s edition rings for football fans worldwide.
The introduction of the Championship Ring marks a significant milestone for the natural diamond industry, with natural diamonds becoming part of one of the world’s most prestigious sporting achievements. The initiative highlights the growing intersection of sport, luxury and fine jewellery, reinforcing the enduring symbolism of natural diamonds in celebrating excellence.
For the global jewellery industry, the launch represents a powerful moment where one of sport’s greatest victories is commemorated not only with a trophy, but also with a timeless piece of diamond jewellery.
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