April 5, 2019 /
How GIA Is Changing Its Reports for Lab-Grown Diamonds
GIA will discontinue its Synthetic Diamond Grading Report in July, replacing it with the Laboratory-Grown Diamond Report, which will no longer have the word “synthetic” anywhere but will include the standard color, clarity and cut grading scales.
March 15, 2019 /
Letšeng Pink Sells for Almost $9M
Gem Diamonds has announced the sale of a 13.33-carat pink diamond, discovered in February at its mine in Lesotho, for $8.8 million. The tender sale, which took place in Antwerp, represents a record per-carat price of $656,933 for the company, it said Thursday. The result…
September 14, 2018 /
Diamond Jewelry Sales Hit Record $82B in 2017 Boosted by Millennials and Gen Z
The Millennial and Gen Z generations combined accounted for two-thirds of global diamond jewelry sales in 2017, as diamond jewelry demand reached a new record high of US$82 billion, according to data published today by De Beers Group in its latest Diamond Insight Report. “Millennials,…
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TAG Heuer Releases $180,000 Smartwatch, World’s Most Expensive
In 2015, Apple caused a stir when it released its smartwatch in an 18k gold edition for $17,000. Now, TAG Heuer has topped that—by 10 times. Its newest creation, the TAG Heuer Connected Modular 45, comes with a white 18 k gold case and is bathed in 589 baguette-cut diamonds,…
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In India, a Father’s Legacy Becomes a Jewelry Museum
JAIPUR, India — In 2009, the brothers Suresh and Arun Dhaddha decided that it was finally time to go through the belongings of their father, Gyan Chand Dhaddha, who had died five years before at the age of 64. They knew that the jeweler and…
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High-Value Rough Demand Boosts Alrosa Revenue
Alrosa’s sales climbed 14% to $294.9 million in August due to strong demand for higher-value rough diamonds, the miner reported. “Despite [the] traditional August market slowdown, sales of both rough and polished diamonds were much higher than a year before,” Yury Okoemov, Alrosa’s deputy CEO…
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High Jewelry Artist Wallace Chan Invents Unbreakable Porcelain
Wallace Chan is drinking pu’erh tea in his Hong Kong office surrounded by his large titanium sculptures and some of his jewelry creations. He is talking about jewelry, art, science, technology and his impoverished childhood as an assistant appears whenever his cup is empty to…
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Duo Suspected of Switching Diamonds in Multiple States
Mishawaka, Ind.—The Jewelers Security Alliance issued an alert Thursday for two men wanted for swapping diamonds for CZ in multiple states. One of the swaps happened Aug. 7 at a jewelry store in Mishawaka, Indiana, about 15 minutes east of South Bend. According to the…
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Colored Diamonds, Both Mined and Lab-Grown, on Display in HK
Hong Kong—Two colored diamonds said to be record holders are currently being showcased at the Hong Kong Jewellery & Gem Fair. At the September edition of the jewelry trade show, Alrosa is presenting an 11.06-carat fancy deep purple-pink cushion-cut diamond that it said is the…