G7 Finally Announce Russian Diamond Sanctions
December 07, 23
The G7 nations finally announced sanctions on Russian diamonds yesterday (6 December) as part of a series of new measures aimed at restricting funds for its war against Ukraine. "We will introduce import... Read More...
Rough Ruby Prices Soaring, says Gemfields
December 07, 23Prices of rough rubies have more than doubled in the last two years, said Gemfields as it announced results of its latest sealed-bid auctions. The UK-based colored gems miner achieved an average $290... Read More...
$5.5m Yellow Diamond Beats Estimate
December 06, 23A huge 133.03 carat fancy vivid yellow diamond sold yesterday (5 December) for $5.5m, above its pre-sale estimate of $4m to $5m, at Sotheby's New York. The gem, described as coming from "an important private ... Read More...
De Beers set to Stockpile More Rough
December 06, 23De Beers is preparing to stockpile more unsold diamonds after this week's sight in Gaborone. It is expected to offer sightholders smaller allocations than usual, with rough prices showing no sign as yet of picking... Read More...
Another Revenue Dip for Signet
December 06, 23Signet Jewelers yesterday (5 December) announced a 12 per cent drop in Q3 revenue to $1.4bn, in line with its expectations. Bridal, which has historically accounted for almost half of Signet's sales is still ... Read More...
Memo by John Jeffay
December 07Walmart, the world's largest retail group, describes many of its diamond jewelry items as "cultured" rather than lab grown. It's an interesting choice of word, given that the Diamond Terminology Guideline, jointly produced by eight industry bodies... Read More...
Trade Fair Guide
January 01Stay up-to-date and in-the-know with IDEX Online’s transparent and unbiased diamond pricing tools Read More...