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Latest News & Stories

Sotheby's to Sell "Out of This World" 555.55-ct Black Diamond

One of the world's largest diamonds - a 555.55-ct carbonado that has never previously been exhibited publicly - is to be sold by Sotheby's in a single-lot online auction. The stone is thought... Read More..

Chow Tai Fook Sales Rise by Almost a Third

Chow Tai Fook reported retail sales up by 31.1 per cent in Q3 2021 as it opened hundreds of new stores and saw consumers clamoring for gold. China's largest jeweler by market value said... Read More..

Mountain Province Reports Increased Rough Sales

Mountain Province Diamonds (MPD) reported a 2021 output of 6.23m carats, fractionally below its target despite a 22-day Covid-enforced closure of its Gahcho Kue mine. It was "an excellent ... Read More..

Online Jewelry Sales Drive Record US Holiday Spending

Online sales of jewelry in the US more than doubled in the run-up to the 2021 holiday season, according to Adobe Analytics data. It was one of the top e-commerce growth sectors, up 2.2 times ... Read More..

Police Warn Older Men of "Rolex Rippers"

Women posing as charity fundraisers are stealing Rolex watches from older men at golf clubs and posh supermarkets in England. The so-called "Rolex rippers" use distraction techniques and... Read More..

Alrosa Blames "Rock Bottom" Inventories as Sales Slump

Alrosa's sales of rough and polished diamonds slumped to a $254m in December, as it battled "rock bottom" inventories. The Russian miner is still struggling to meet unexpectedly high ... Read More..