FBI Offers $50K Reward for Dangerous Jewel Raider

September 15, 26 by John Jeffay

The FBI is offering a $50,000 reward for information leading to the arrest of a jewel raider who should be considered to be "armed and dangerous". Alberto Perez-Elias, 57, is one of four men charged over the $1 million robbery at Tio Jewelers in Cape Coral... Read More...

43% of US Consumers to Spend Less on Holiday Season Jewelry

September 14, 26 by John Jeffay

Forty-three percent of US consumers say they're planning to spend less on jewelry this holiday season, according to new research from McKinsey & Company. Only 18% said they planned to spend more, while 39% expected to spend about the same.... Read More...

Signet Posts 2.2% Same-Store Sales Growth in Q2

September 14, 26 by John Jeffay

Signet Jewelers posted a 2.2% increase in same-store sales in its second quarter and raised its full-year earnings outlook. That's despite a 0.5% decline in total sales, to $1.53 billion for the 13 weeks ended August 1, 2026, partly because Signet decommissioned... Read More...

Son of Suspected Traveling Jewelry Thief was Wearing $40,000 Rolex

September 14, 26 by John Jeffay

Deputies arrested a suspected "traveling jewelry thief" in Florida, USA, and found his 10-year-old son wearing a $40,000 Rolex watch. The boy's young sister was wearing a stolen high-end necklace, and more stolen jewelry was allegedly hidden inside a child's... Read More...

India's Polished Exports Rise 5.5% in August

September 14, 26 by John Jeffay

India's polished diamond exports rose 5.5% month-on-month to $924.51 million in August. But that was 4.93% below a year earlier, when polished diamond exports reached $972.47 million, according to the latest Gem & Jewellery Export Promotion Council... Read More...

Memo by

September 10

Diamonds are ancient - billions of years old, known to mankind for millennia and found in deposits across the six continents of Africa, Asia, Europe, North America, South America and Australia. Paraiba tourmaline is a very different story. It's an exceptionally...  Read More...