36% Slump in Gem Diamonds Revenue
February 05, 26
Gem Diamonds has reported a 36 per cent drop in full year revenue for 2025. The UK-based miner also said the number of carats sold, and the average per-carat price achieved had both fallen by 20 per cent in 2025, compared with 2024. Gem's Letseng mine... Read More...
IDEX Price Report: Further Drops for Rounds and Fancies
February 04, 26Price drops dominated yet again both for rounds and fancies during January, as US tariffs on India and the continuing rise of lab growns took their toll. Among 1.00-cts to 1.24-cts rounds, the price of almost all G+ and VVS2+ goods fell. 0.80-cts to 0.89-cts... Read More...
Trump Slashes Tariffs on India to 18%
February 03, 26US president Donald Trump yesterday (2 February) said he would slash tariffs on Indian imports from 50 per cent to 18 per cent as part of a new trade deal. The move was announced in a Truth Social post, which indicated it was in response to India's agreement... Read More...
Jewelry Staff Fight Back in Brazen Smash and Grab
February 02, 26Brazen raiders smashed the window of a London jeweler and grabbed valuables - as staff inside tried to stop them. One of the raiders used a sledgehammer to shatter the reinforced glass at family-owned Gregory & Co, then peeled it from the frame... Read More...
JCPenney's Lab Grown Giveaway for Valentine's Day
February 01, 26JCPenney is giving away 600 half-carat lab growns in a Valentine's Day promotion. The 650-outlet department store is encouraging customers to bring in an unwanted item of jewelry from an ex, and swap it for a half-carat lab-grown diamond... Read More...
Memo by John Jeffay
January 15There's a lot we can learn from De Beers and the launch of its standalone Forevermark stores. It's chosen India as the test bed for its new retail approach, and it has set a very clear agenda. It's targeting high earners, especially affluent women buying gifts for themselves... Read More...