GJEPC & De Beers Delegation Discuss Current Industry Scenario
A delegation from De Beers, led by Ms. Feriel Zerouki, Senior Vice President of Provenance, Ethics, and Industry Relations, visited the GJEPC head office in Mumbai on 9th July. The De Beers team also...
$1.2m Faberge Egg Reveals 5ct Ruby
Gemfields has showcased its latest Faberge egg, an intricately crafted $1.2m creation which opens to reveal a square five-carat ruby, set in a removable rose gold filigree-like sphere.
It has been named Malaika, the word...
Growth in US Watch and Jewelry Sales Slows in May
The growth in watch and jewelry sales in the US slowed again in May, for the third consecutive month, according to the latest year-on-year estimates by the US Department of Commerce.
Sales are still increasing...
14-ct Emerald Smashes Christie’s Estimate
A 14.033-carat Colombian emerald sold for more than twice its high estimate as highlight of an online sale by Christie's Paris.
The octagonal, step cut gem, described as green of medium strong saturation with minor...
Investing in Diamonds: What Every Buyer Should Know
Stepping into the glittering world of diamond investment requires more than just an appreciation for the beauty of these glittering gems. It's about understanding their intrinsic value, navigating the complexities of the market, and...
Chow Tai Fook Sees Revenue Surge On Festive Demand
Chow Tai Fook reported a significant boost in revenue, driven primarily by strong festive demand across its key markets. For the financial year ending 31st March, 2024, the group's revenue increased by 14.8% to...
Government Clarifies Re-import Rules for Unsold Jewellery at Exhibitions
The Ministry of Commerce & Industry has issued a crucial clarification concerning the re-import of unsold jewellery exported for exhibitions under specific conditions outlined in the Handbook of Procedure, 2023. This announcement follows recent...
Rare Diamond Tie-Necklace Sells for $3.6m
An extremely rare 1929 diamond and platinum "tie-necklace" by Van Cleef & Arpels sold for three times its high estimate, fetching $3.6m at Sotheby's New York.
It was described as coming from a distinguished American...
Alrosa CEO Urges BRICS Nations to Unite for Global Economic Influence
Speaking at the St. Petersburg International Economic Forum (SPIEF) 2024, Alrosa CEO Pavel Marinychev noted the formidable collective power of BRICS nations. Addressing a thematic session, Marinychev highlighted the significant economic clout of Brazil,...
Signet Tops Jewelry Superseller List Again
Signet remains by far the biggest-grossing jeweler in North America last year, despite an 8 per cent drop in revenue.
Its total 2023 sales of $6.7bn were almost twice those of Walmart (second-placed again), according...
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LVMH watch boss sees Jean Arnault as best candidate for his role
Jean-Christophe Babin, the head of LVMH’s watch division, says he’s ready for a phased retirement and Jean Arnault would be an obvious candidate to...
India’s Q1 Gold Jewellery Volumes Decline as High Prices Reshape Buying Trends: WGC
India’s gold jewellery demand witnessed a sharp slowdown in the first quarter of 2026, as soaring bullion prices reduced affordability and pushed many consumers...
Queen Camilla Turns State Visit Jewelry Into a Lesson in Royal Storytelling
During her high-profile visit to the United States alongside King Charles III, Queen Camilla has once again demonstrated that royal jewelry is far more...
GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns
The Gem & Jewellery Export Promotion Council (GJEPC) Surat Regional Office recently organised an important meeting between gem and jewellery industry representatives and Shri...
De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats
De Beers Group reported a strong start to 2026, with rough diamond production climbing 17% year-on-year to 7.1 million carats in the first quarter....
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