The World Federation of Diamond Bourses (WFDB) would like to commend the French Ministry of Economy and Finance for its decision to ban the use of all terminology other than synthetic for non-natural diamonds. The decision means that the use of the term lab-grown or cultivated diamonds will not be legal in France. Yoram Dvash, […]
WFDB Commends French Government on LGDs Read More »
According to the released provisional statistics pertaining to export and import of Gem & Jewellery (GJ) for the period of January 2024 for the Cut & Polished (C&P) Diamonds segment. The overall gross export of Cut & Polished diamonds at US$ 1160.79 million (Rs. 9647.24 crores) in month of January 2024 is showing a decline
India’s C&P diamonds export fall 19.69% for January Read More »
Jewelry is an art form, and there’s perhaps no better medium to showcase this than enamel jewelry. It has been a fashion frontrunner for a couple of years now, blending vivid colors, artistic imagery, stunning patterns, and a unique sheen. Enamel has the remarkable ability to transform the appearance of metal without diminishing its value
Enamel Designs Jewelry of Modern Chic Read More »
Charles & Colvard, a globally recognized fine jewelry company that specializes in moissanite and lab grown diamonds, reported financial results for the second quarter-2Q Fiscal 2024, ended December 31, 2023. “We acknowledge the recent industry shift has presented us with numerous challenges and has significantly impacted our earnings. However, we do not believe this setback
Net sales of Charles & Colvard decrease of 24% in 2Q Read More »
The National Agency for Mineral Resources, Endiama and Sodiam have signed on a Strategic Memorandum of Understanding in the field of diamonds with the multinational De Beers Group. The confirmation was made by the Minister of Mineral Resources, Oil and Gas, on the sidelines of the International Mining Conference, Mining Indaba, which is taking place
DeBeers ink MoU with Angolan diamond miners Read More »
In the announcement for their Members, Qualified Jewellers, Qualified Suppliers and India-UAE TRQ Holders, IFSC Authorised Vaults and India International Bullion Depository IFSC Limited (IIDI), the IIBX said that they have increased in the Single Order Maximum Lot Size in all Gold Contracts! The Members and participants are hereby notified that Single Order Maximum Lot
Increased Single Order of gold, effective from February 12 Read More »
According to the India’s Gem & Jewellery (GJ) export & import fact-n-figure for the period April 2023 – January 2024; the overall gross exports of Gems & Jewellery at US$ 26353.72 million (Rs. 218307.43 crores) is showing a decline of 16.03% (-12.78% in Rs term) as compared to US$ 31385.84 million (Rs. 250282.62 crores) for
India’s GJ import & exports drops over 16% YoY Read More »
Leibish Polnauer, President & Founder of Leibish said, As you might imagine, we often receive calls from jewelry appraisers seeking to know the replacement value of fancy color diamonds purchased years back. As an example, here’s a recent mail we received. I’m a fine jewelry appraiser in Walnut Creek, CA, working on an insurance appraisal.
The reality of colored diamonds at Leibish Read More »
Total global silver supply is forecast to grow by 3 percent in 2024 to an eight-year high of 1.02 billion ounces, entirely led by a recovery in mine output. Silver mine production in 2024 is projected to rise 4 percent to 843 Moz, the highest level since 2018. This growth is, to a large extent,
Global Silver Supply to jump three percent in 2024 Read More »
Many international companies regard India as a key strategic market. At the heart of their ambitions is the Indian middle class, which has expanded from 150mn in 2010 to an estimated 350mn in 2021. Given India’s economic trajectory and young demographic this number will likely rise going forward. Considering the size of the middle class
50% of gold demand originates at India’s middle class Read More »
