De Beers’ 2023 Diamond Output -8% To 31.9 Million Carats

De Beers’ 2023 Diamond Output -8% To 31.9 Million Carats

De Beers recorded a 3% decline in rough diamond production to 7.9 million carats, primarily due to the planned reduction in South Africa as Venetia transitions to underground operations, partly offset by higher production...
Resident Entities Can Now Hedge Gold Price Risk in IFSC's OTC Market

Resident Entities Can Now Hedge Gold Price Risk in IFSC’s OTC Market

Resident entities have been given the green light to hedge the price of gold in the Over the Counter (OTC) segment within the International Financial Services Centre (IFSC). The decision, made by the Reserve...
Surge in Undisclosed Colored Laboratory Grown Diamonds

GSI Cautions Trade: Surge in Undisclosed Colored Laboratory Grown Diamonds

February, 2024 (New York, NY): Gemological Science International (GSI), a global leader in diamond and jewelry certification, has raised a red flag over a notable increase in undisclosed laboratory-grown brown, yellow, and pink diamonds...
WJA Announces The Launch Of Its First Canadian Chapter, Wja Toronto

WJA Announces The Launch Of Its First Canadian Chapter, WJA Toronto

February 7, 2024 (New York, NY) – Today, the Women’s Jewelry Association (WJA) announces the launch of its first Canadian Chapter, WJA Toronto, and the election of its 2024 Board of Directors, including Co-Presidents...
Jewellery Insurance: Why Home Policies May Not Be Enough Photo by John Andrew Nolia Blazo from Pexels

Jewellery Insurance: Why Home Policies May Not Be Enough

Jewellery insurance provides financial cover to protect valuables such as necklaces, rings, watches and earrings in the event that they are lost, damaged, stolen or destroyed. Should the need for a claim arise, the...
Malabar Gold & Diamonds Opens New Store in Alambagh, 3rd in Lucknow

Malabar Gold & Diamonds Opens New Store in Alambagh, 3rd in Lucknow

Lucknow, February 3, 2024: Malabar Gold & Diamonds, the leading jewellery retailer, opened its new store in Alambagh, Lucknow, further expanding its footprint and commitment to delivering a world-class jewellery shopping experience. The inauguration ceremony...
Fine Jewelry Trends to Embrace in 2024

Unveiling Elegance: Fine Jewelry Trends to Embrace in 2024

As we step into the heart of 2024, the world of fine jewelry is abuzz with captivating trends that redefine elegance and embrace individuality. This year, designers are pushing boundaries, combining traditional craftsmanship with...
Tanishq Opens 18,000-sq-ft Renewed Ahmedabad Store

Tanishq Opens 18,000-sq-ft Renewed Ahmedabad Store

Jewellery retail brand Tanishq has expanded its retail footprint in Ahmedabad, Gujarat with the relaunch of its grand store in late January in Ahmedabad, Gujarat. The store was inaugurated by Tanishq’s business partners in...
Revenue and Prices Down at Gem Diamonds

Revenue and Prices Down at Gem Diamonds

Gem Diamonds saw revenue and average per carat prices down by around a quarter during 2023 amid ongoing "downward pressure" in the rough market. The UK-based miner operates Letseng, in Lesotho, the highest dollar per...
US to Spend Record $6.4bn on Valentine's Jewelry

US to Spend Record $6.4bn on Valentine’s Jewelry

US consumers will spend a record $6.4bn on jewelry this Valentine's Day according to a new NRF survey. That's a 14 per cent increase on last year's predicted spend of $5.5bn. Over half the population...

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De Beers Posts 17% Increase in Q1 Diamond Production, Reaching 7.1 Million Carats

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....
GJEPC Surat RO Hosts Industry Interaction with DGTS on Key Tax Concerns

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...
Etsy Surpasses Q1 Revenue Forecasts as Buyer Activity Remains Resilient

Etsy Surpasses Q1 Revenue Forecasts as Buyer Activity Remains Resilient

Etsy delivered stronger-than-expected first-quarter revenue, benefiting from stable consumer demand, rising buyer activity, and higher spending per customer despite a cautious economic backdrop. The online...
Queen Camilla Turns State Visit Jewelry Into a Lesson in Royal Storytelling

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...
LVMH Watch Chief Signals Jean Arnault as Strong Successor Candidate

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...
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