RAPAPORT PRESS RELEASE, November 5, 2024, Las Vegas… Diamond prices declined in October but stabilized in the month’s second half. US buyers purchased for the holiday season ahead of India’s Diwali ...

The Gemological Institute of America (GIA) announced the shutdown of its laboratory in Ramat Gan by the end of the year due to “significant” declines in local submissions. The decrease in the number ...

A Cartier natural pearl necklace will be the star of an upcoming auction at Sotheby’s in Geneva, where it is expected to fetch up to CHF 300,000 ($347,513). The necklace, comprising five graduated ...

Sales at Indian diamond manufacturer Asian Star dropped in the second fiscal quarter as demand for diamonds slowed. Revenue on a consolidated basis — which includes subsidiaries in the US, Dubai and ...

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Sotheby’s is set to highlight two pieces featuring colored diamonds at its upcoming Magnificent Jewels sale in Geneva, with each expected to bring in up to CHF 1.8 million ($2.1 million). The first is ...

Graders at the Gemological Institute of America (GIA) recently came across some natural diamonds with interesting inclusions, some of which resembled animal life. A round, 1.55-carat, G-color, ...

The diamond-manufacturing sector is in a contradictory situation heading into the important last two months of the year. Polishing factories normally shut for an extended period during Diwali when the ...

Hong Kong retail sales dropped in September as consumers spent less on luxury items and outbound tourism increased. Revenue from jewelry, watches, clocks and valuable gifts slid 18% year on year to ...

De Beers is considering reducing its output even further amid continued weak demand and oversupply in the manufacturing sector. The announcement comes in response to the miner’s belief that the ...

A natural pearl and diamond pendant was the top seller at the Fine Jewels & Watches sale Sotheby’s held in Milan, fetching EUR 288,000 ($311,479). The pendant, which is embellished with a ...

Kering’s jewelry brands saw a significant drop in revenue in the third quarter as demand for luxury goods softened, primarily in Asia. Sales at Kering’s “other houses” segment — which includes jewelry ...