GIA Acquires Collection of 2,665 Gems with Unusual Inclusions

November 08, 26 by John Jeffay

The Gemological Institute of America (GIA) has acquired a collection of 2,665 gems, minerals and crystals containing unusual inclusions, assembled over six decades by renowned microscopist John Koivula. The collection includes specimens ... Read More...

Putin Backs Russia's Lab Grown Diamond Restrictions

November 08, 26 by John Jeffay

Russian President Vladimir Putin has backed government restrictions on the sale and description of lab growns. He said he agreed with finance minister Anton Siluanov that diamonds created by nature should remain the foundation of the industry. "My opinion ... Read More...

UAE to Introduce Online Rough Valuations

November 07, 26 by John Jeffay

The United Arab Emirates is introducing independent online valuations for every rough diamond shipment entering or leaving the country, potentially giving officials a new tool to scrutinize declared prices. The platform, developed by eValuer FZCO .... Read More...

Hong Kong Jewelry and Watch Sales Jump 20% in September

November 05, 26 by John Jeffay

Sales of jewelry, watches and valuable gifts in Hong Kong rose 20.3% year over year in September, significantly outperforming the wider retail market, as the city's consumer spending continued to recover. The value of sales reached HK$4.706 billion... Read More...

Celebrated Baker Turns French Pastries into Jewelry Collection

November 05, 26 by John Jeffay

Celebrated US cookbook author and baker Dorie Greenspan has launched a collection of silver and gold-plate charms and necklaces inspired by French pastries and other sweet treats. The idea is to bring her love of baking and French patisserie into jewelry... Read More...

Memo by John Jeffay

November 05

It costs an estimated $10.85 to produce a carat of lab grown rough. The real money is being made much further down the supply chain. By the time lab grown diamonds reach consumers as finished jewelry, their total retail value has increased 21-fold, according ...  Read More...