Diamond Market News 25/34

Aug 16, 2023

Price gap between nicer and inferior diamonds widens

The price gap between nicer and inferior diamonds has widened in the lower clarities as buyers cherry-pick the best stones, according to...

Aug 14, 2023

Natural Diamond Council (NDC) and ‘Made in Heaven S2’ are a perfect match

The Natural Diamond Council (NDC) is thrilled to announce its collaboration with the highly anticipated second season of the critically...

Aug 14, 2023

Adamas One to buy Indian LGD co. Flawless Allure

US-based synthetic-diamond maker Adamas One has signed a letter of intent to buy Indian cutting and polishing company Flawless Allure...

Aug 14, 2023

Buy a natural diamond, get a LGD free!

Steven Singer Jewelers, based in Philadelphia, USA, is giving away hundreds of one-carat lab grown diamonds, pledging it will never sell...

Aug 12, 2023

Malabar Gold & Diamonds launches its second store in Ahmedabad

Malabar Gold & Diamonds, one of the largest gold and diamond jewellery retail chains in the country, launched its second store in...

Aug 11, 2023

Fancy-color diamonds index continues ascent

The average price of fancy-color diamonds continued to climb in all categories in the second quarter, led by a resurgence in demand for...

Aug 10, 2023

Lucara recovers 1,080.1 ct diamond from Karowe, in Botswana

It's the fourth +1,000-ct stone from Karowe, in Botswana, since the mine opened in 2012.The Type IIa top white gem quality diamond...

Aug 9, 2023

LGD biggest threat to Namibian diamond industry

Lab grown diamonds are the biggest threat facing the Namibian diamond industry, Namib Desert Diamonds (Namdia)’s Lelly Usiku, Executive:...

Aug 9, 2023

US blocks US$26m of India diamond payments to Russia

Offshore subsidiaries of Indian diamond merchants have had fund transfers worth almost $26m frozen after US authorities claimed the rough...

Aug 9, 2023

SRK recognised as “Stalwart Torch Bearer of Futuristic Digitalisation”

In yet another gem to the crown, Shree Ramkrishna Exports Pvt. Ltd. (SRK), a globally leading natural diamond crafting and exports...

Aug 8, 2023

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...

Aug 2, 2023

PM to inaugurate Surat Diamond Bourse in December 2023

Leaders from the diamond Industry met Prime Minister Modi to invite him for the official launch ceremony of the Surat Diamond Bourse,...

Aug 2, 2023

IIGJ Glimpz 23 Showcases Talented Jewellery Designers

The Indian Institute of Gems & Jewellery (IIGJ) Mumbai hosted the Glimpz 23 exhibition on 28th July at its Andheri campus. The exhibition...

Aug 2, 2023

Diamond prices decline in July;weak retail demand persists

Diamond prices fell heavily in July as weak retail demand persisted, Rapaport reported. De Beers’ 5% to 15% reduction in many rough...

Aug 1, 2023

Savjibhai Dholakia’s grandnephew’s sojourn as an anonymous commoner

Ruvin Dholakia, a grandnephew of Indian diamond billionaire, philanthropist, and Padma Shri awardee Savjibhai Dholakia, has recently...

Aug 1, 2023

Slowdown in diamond sector continues in July

There was a decline for rounds during July, and of mixed fortunes for fancies. Rounds saw wholesale losses in some sizes in most sizes...

Jul 31, 2023

Badalia Diamonds sparkle at EQUINOX Couture 2023-24

Shobita Dhulipala and Ishaan Khattar set the ramp on fire in a collection inspired by the celestial geometry of Autumn Equinox. Rohit...

Jul 31, 2023

LGD retail prices falling slower than wholesale prices

Retail prices of lab-grown diamonds are falling slower than wholesale prices and often remain at “unsustainable” levels, De Beers chief...

Jul 29, 2023

"Recycled gold" is not really sustainable:Gold & Diamond Conference.

A lot of companies use the term recycled gold in ways that oversell the product’s true environmental impact, panelists agreed during a...

Jul 28, 2023

De Beers revenue decreased 22% in H1 to $2.8 billion

De Beers released the Interim Financial Results for 2023. De Beers reported a decline in revenues in the first half of 2023, amidst the...

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