Author name: JNI

Gemfields Group Limited has reported strong results from their recent auction of mixed-quality rough rubies, which took place from June 3rd to 18th, 2024. The event, which commemorated the 10th anniversary of Gemfields‘ first ruby auction, demonstrated significant market confidence despite industry concerns. The auction raised a total of $68.7 million, with 94 of the […]

The major trade association for the fine jewelry industry in the United States, Jewelers of America (JA), recently led a delegation to Washington, D.C., where they raised serious concerns regarding the G7’s proposed import limits on Russian diamonds. Leading legislators and members of the industry were gathered for this endeavor to talk about the possible

On June 18th, Titan Co.‘s luxury jewellery brand Zoya launched its latest diamond shop, the country’s tenth, in Mumbai’s history neighborhood of Kala Ghoda. Noel Tata, Titan Company Limited’s Vice Chairman, and Ajoy Chawla, CEO of Titan’s Jewellery Division, presented the new shop at the renowned Brady House, an Indo-Saracenic masterpiece with enormous elaborate mouldings

Revenue at Chow Tai Fook increased significantly, mainly due to robust holiday demand in its major markets. The group’s revenue climbed by 14.8% to HK$108,713 million for the fiscal year that ended on March 31, 2024, with a constant growth rate of 18.5% in currency rates. During the fiscal year, mainland China—a crucial market for

Signet Jewelers is increasing its emphasis on lab-grown diamonds (LCDs) in its fashion jewelry lines, according to its First Quarter Fiscal 2025 Earnings Call. The move comes as the company seeks to capitalize on shifting consumer preferences and use the cost savings of lab-grown diamonds to offer more appealing pricing. In the first quarter of

Chatham is slated to debut its new upper-end Legacy Collection jewelry line during the highly anticipated premiere of the book “120 Years of Rolls-Royce.” This commemorative book, celebrating the heritage of elegance and innovation in collaboration with the International Club for Rolls-Royce and Bentley Enthusiasts (RREC) and publisher St. James’s House, promises to be a

Botswana, which relies largely on diamond exports for 80% of its export revenue, is experiencing economic difficulty as a result of lower worldwide demand. Innocent Molalapata, the central bank’s director of research and financial stability, said during an economic briefing published by Reuters that the country may not meet its prior objective of 4.2% GDP

On June 15th, the Gem and Jewellery Export Promotion Council (GJEPC) collaborated with the Satara District Saraf Suvarnakar Association and the Satara Sarafa Association to hold an informative seminar to raise awareness about the benefits of GJEPC membership, MSME schemes, and IIJS visitor registration. Over 350 people attended the event, which featured talks from Ms.

On June 14, traders of precious metals and stones participated in an outreach program hosted by the GJEPC Regional Office in Delhi. The purpose of the event was to raise awareness and distribute important information about the Money Laundering (Maintenance of Records) Rules, 2005, as well as the terms of the PMLA Act, 2002. About

GIA India presented a graduation ceremony for Graduate Diamonds Diploma Program students on its Mumbai campus. Devansh Rajesh Shah, Partner of Venus Jewel, was the event’s chief guest. The graduation ceremony was followed by an interactive session where Shah discussed “Opportunities in the Natural Diamond Industry.” Sharing his thoughts with the students, he stated, “We