Another Monthly Rise in Hong Kong Jewelry Sales

August 06, 26 by John Jeffay

Sales of jewelry and other hard luxury goods in Hong Kong increased yet again in June for the 13th consecutive month. The year-on-year increase was 20.1%, to HKD 5.49 billion (USD 700 million), the Census and Statistics Department (C&SD) said in... Read More...

India set to Challenge Dubai, Antwerp with Foreign Tax Exemption

August 06, 26 by John Jeffay

India's lower house of Parliament today (6 August) passed a Bill proposing a 15-year income-tax exemption for certain foreign companies selling qualifying rough diamonds through notified Special Notified Zones in Mumbai and Surat. The measure... Read More...

"We Underestimated Lab Grown Threat," says Anglo CEO

August 05, 26 by John Jeffay

De Beers underestimated the threat from lab growns, ‌Duncan Wanblad, CEO of parent company Anglo American, admitted in an interview with the Financial Times (FT). "Hindsight would probably show that we might have wanted to have been a... Read More...

Another Quarter of Stability for Fancy Color Prices

August 05, 26 by John Jeffay

Prices of fancy color diamonds remained virtually unchanged again during the three months to 30 June (Q2 2026), according to the FCRF (Fancy Color Research Foundation). The overall Fancy Color Diamond Index was down 0.1% during the quarter... Read More...

Santana Jewelry- with Splinters from Woodstock Stage

August 05, 26 by John Jeffay

Music legend Carlos Santana, 78, has launched Santana Now, a fine jewelry brand featuring silver, diamonds, sapphires, black spinel . . . and fragments of the Woodstock stage that catapulted his band to global fame. The Santana Now brand is positioned... Read More...

Memo by John Jeffay

August 06

Pop star announces engagement to an NFL quarterback on social media, shares a picture of her ring online and sparks a frenzy of speculation about the size, cut and price of the diamond. Sounds familiar? No, it's not Taylor Swift. This time it's...  Read More...