In what is starting to look like a mad dash, the price of gold rose to a new all-time high of $1,770 an once, temporarily passing the price of platinum. Investors are turning to gold as global economic markets are faltering.
Online diamond jewelry retailer Blue Nile reported record second quarter sales, posting a 5.1% increase in net sales to $80.5 million. Net income totaled $2.8 million.
Adwar Casting Co. Ltd. has slapped manufacturer Unique Settings of New York and six others with a $13.5 million federal copyright infringement lawsuit, alleging the company is making and distributing pieces of jewelry that are copies of Adwar’s designs.
Kiran Exports BVBA, the Antwerp-based diamond trader, has become certified against the ethical, human rights, social and environmental standards established by the Responsible Jewellery Council (RJC) Member Certification System.
The 2011 edition of the India International Jewellery Show (IIJS) wrapped up today in Mumbai with a variety of responses from exhibitors. Loose diamond dealers said that while the show was average in terms of sales, it has been tough going because of e...
Worries about the US economy triggered a major fall in the Bombay Stock Exchange. “On Friday, August 5, the benchmark Sensex plunged more than 700 points before recovering to close 387 points down at the end of trading. Investors were left poorer by ...
The sharp fall at stock exchanges around the world gives the impression of a major sign of an economic crash, something that may greatly harm the diamond and jewelry industry – if it happens. At this point, it is still not clear.
The halls of the IIJS fair ground are full this weekend. Buyers, predominantly Indians, are showing great interest in the diamond jewelry offerings and jewelers' booths are full.
Rising rough diamond prices were not enough to keep Rio Tinto's diamond operations profitable. Lower production and increased costs eroded Rio Tinto Diamond's bottom line in the first half of 2011.
De Beers diamond brand Forevermark will officially launch only later this year, however the company is already holding events to promote the brand in the world's largest diamond market.
