LVMH Watch and Jewelry Revenue Slips
April 16, 26
LVMH said reported revenue for its watches and jewelry division slipped by 2% in the first quarter of 2026, reflecting currency and other external factors. But on a like-for-like basis, the underlying business performed well, with the highest organic growth... Read More...
Angola Bets on Volume over Price
April 16, 26Angola ramped up both production and export of rough diamonds in 2025 as part of an aggressive high-volume, low-price policy. Foreign sales surged about 70%, rising to roughly 17 million carats, according to new government figures, but the gross value... Read More...
Consumers Switching to Platinum as Gold Price Soars
April 16, 26Consumers are switching from gold to platinum as the price gap between the metals widens, according to a report published today (15 April) by the Platinum Guild International (PGI). In the US, unit sales of platinum jewelry fell (-10% year-on-year),... Read More...
IDEX Price Report for March: Market Remains Weak
April 15, 26The market remains weak and the overall trend remains downward, more so among rounds than fancies. Less overall activity in either direction than we have seen in many recent months. In a weak market like this, consumers keep on buying, but spend less... Read More...
How Kendrick Lamar's Diamond Pendant Broke the Internet
April 14, 26Rapper Kendrick Lamar and the huge diamond-encrusted "a" pendant he wore at his 2025 Super Bowl performance has been ranked as social media's "most impactful diamond moment" of last year. It came ahead of Rihanna's 24.5-carat Bulgari... Read More...
Memo by John Jeffay
April 16It was in March 1967 that diamonds were first discovered in Botswana, at the Orapa kimberlite pipe. They transformed the fortunes of one of Africa's poorest countries almost overnight. It was in January 2026 that rare-earth elements were first discovered... Read More...