US Watch and Jewelry Sales Dip in June Ahead of Tariffs
August 04, 25
Watch and jewelry sales in the US slipped into negative growth during June - down 1.7 per cent - after 19 months of almost uninterrupted increases. The decline, after such a prolonged positive period, reflects growing concern over the impact of US... Read More...
Gemfields Revenue Halved amid Disruption and Weak Demand
August 04, 25Gemfields' revenue from ruby and emerald auctions halved in the first six months of 2025, down to $60m from $121m in the same period last year, as it faced operational disruptions, production shortfalls in high-quality stones, and challenging market... Read More...
Further Decline for IDEX Polished Price Index in July
August 04, 25The IDEX Polished Price Index saw a further sharp decrease during July, closing 3.26 per cent down on the previous month. The Index appears to be correcting itself after the June blip, when anxiety over US reciprocal tariffs saw an unprecedented two-day... Read More...
Diamond Manufacture Officially Part of Belgium's Cultural Heritage
August 04, 25The centuries-old craft of diamond manufacturing in Flanders, Belgium, has been officially recognized as part of the region's Intangible Cultural Heritage. Cutting and polishing diamonds there dates back to 1465, and there is evidence of trading as early as... Read More...
Diamond Ring that Flashes Color Smartphone Alerts
August 03, 25A "quiet tech" diamond ring flashes different colors to alert the wearer to smartphone activity. The 1.5-ct emerald-cut CVD lab grown stone is set in a white gold bezel, and will be available for pre-order in the third quarter of 2025 at around $3,000... Read More...
Memo by John Jeffay
July 31Yesterday's news that US importers would have to pay a total of 35 per cent in tariffs on goods from India came as no surprise. But for a diamond industry that has seen exports plunge to a 20-year low, there was little comfort. Hopes of a last-minute deal to avoid... Read More...