Gold prices have doubled in the past five years, according to John Reade, Chief Market Strategist at the World Gold Council. The surge, unaffected by the dollar’s value, reflects global crises such as COVID-19 and geopolitical tensions. Reade highlighted gold’s stability amidst market
Fifty years have elapsed since the recovery of the world’s largest octahedral diamond, a remarkable 616-carat Type 1 yellow diamond. Originating from the Dutoitspan Mine in Kimberley, South Africa, the diamond remains untouched, unpolished, and unsold, preserving its legacy spanning generations. Discovered on
GN Diamond is leading the charge in the trend of lab-grown diamonds, offering retailers a vast selection of over 9,000 options in various shapes, sizes, and colors, including vibrant pinks, ocean blues, and vivid greens. Breakthrough technology has enabled the creation of lab-grown
De Beers appoints former British diplomat Emma Wade-Smith to challenge Antwerp’s monopoly on diamond entry into EU nations. Wade-Smith, now De Beers’ senior vice president of government affairs, aims to establish additional entry points in key diamond-producing countries like Botswana, Namibia, South Africa,
Introducing the Cartier Trinity Ring Lens on Snapchat, a groundbreaking AR try-on experience celebrating the 100th anniversary of The Trinity Collection. This innovative technology allows users to virtually try on Cartier’s Classic Trinity Ring with precision and realism, thanks to Ray Tracing and
The gem and jewellery trade experienced significant changes in both exports and imports amidst market fluctuations. According to GJEPC, exports decreased by 14.94% in April 2023 to March 2024, amounting to USD 32,022.08 million. Specifically, March 2024 saw a decrease of 11.85%, reaching
Mining giant Rio Tinto reported a 22% decrease in diamond production at its Diavik mine in Canada for Q1 2024, totaling 740,000 carats. This decline was attributed to a production pause to honor lost colleagues and lower ore mined from depleted ore bodies.
In Q1 2024, LVMH Jewellery & Watch sales dipped by 5% to €2.589 billion compared to the previous year. Tiffany & Co. introduced a new store concept globally, while Bulgari emphasized its iconic collections and launched Fondazione Bulgari to preserve cultural heritage. Chaumet
GIA (Gemological Institute of America), the world’s foremost authority in gemology, is now offering printed AGS Ideal® Reports. This report complements a GIA diamond grading report to capture a diamond’s beauty holistically. The AGS Ideal Report measures light performance, including brightness, fire, and
Limelight Diamonds, India’s leading CVD diamond jewellery brand, celebrates the inauguration of its second Kolkata store in just 15 months. Situated in the vibrant Kankurgachi area, this 500 sq. ft. store marks a significant expansion in Limelight’s nationwide presence. With over 10 stores
