US Jewelry Sales Swell in June
RAPAPORT... Jewelry sales in the US more than doubled in June, as shoppers continued their return to spending amid the reopening of the...
India Aims to Revitalize Domestic Gold Demand
RAPAPORT... The Indian jewelry trade has partnered with the World Gold Council (WGC) to promote the yellow metal in the domestic market, noting...
101ct. Diamond Goes for $12M in Cryptocurrency
RAPAPORT... Sotheby’s sold a 101.38-carat diamond to an anonymous buyer for $12.3 million, garnering the highest price for any jewel or gemstone purchased...
Diamond Suppliers Anticipate Positive Season
RAPAPORT... What a difference a year makes. Optimism was abundant in the market this past month, carrying through to predictions of a strong...
Diamond Production Plunges in 2020
RAPAPORT... Global rough-diamond production slumped last year, new data showed, as miners slashed output in response to the Covid-19 pandemic.
India’s Titan Weathers Covid-19 Wave
RAPAPORT... Sales at India’s Titan Company jumped in the past fiscal quarter as the jewelry retailer managed to maintain operations during the country’s...
Belgium Diamond Trade Continues Recovery
RAPAPORT... Belgium’s polished-diamond exports more than doubled year on year to $555 million in May as the country’s trade bounced back from last...
Tensions Rise over Definition of Conflict Diamonds
RAPAPORT... A recent global meeting of the Kimberley Process (KP) ended in controversy as Chinese delegates allegedly clashed with a representative of nonprofit...
Diamond Mine Sells for Just $50K
RAPAPORT... Firestone Diamonds will sell its Botswana operations for $50,000 after trying to offload the asset for nearly six years.
JULY BIRTHSTONE
Ruby is the July birthstone – and it’s one of the most coveted of gems. The name is derived from the...
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Record Big-Stone Sales Boost Petra Results
RAPAPORT... Petra Diamonds’ sales accelerated in the past fiscal year as the market improved and discoveries of high-value stones paid off.
GIA Spots Synthetic Ruby with Filling Treatment
RAPAPORT... The Gemological Institute of America (GIA) has identified a laboratory-grown ruby filled with lead glass — a rare phenomenon, as the trade...
Belgium Diamond Trade Jumps in June
RAPAPORT... Belgium’s polished-diamond exports rose 58% year on year to $739 million in June as the industry continued to recover from last year’s...
