US Jewelry Spending Down 5.4 % over Holiday Season

US Jewelry Spending Down 5.4 % over Holiday Season

The holiday season saw a 5.4 per cent drop in year-on-year jewelry sales in the US, despite a growth in overall spending of 7.6 per cent. Shoppers opted to spend their dollars on eating out...
Mukesh Ambani To Donate 300 kg Gold To Welcome Isha and Anand’s Twins in Grand Way

Mukesh Ambani To Donate 300 kg Gold To Welcome Isha and Anand’s Twins in...

Ambani’s grandson's first time in India, huge welcome; 1000 sadhus will come, and 300 kg of gold will be donated by Mukesh Ambani. The Ambanis are beaming with happiness as they have met Isha Ambani's...
De Beers Rough Sales Climb 22% To $410 Million At 10th Sight

De Beers Rough Sales Climb 22% To $410 Million At 10th Sight

De Beers posted a 22% year-on-year jump in rough diamond sales to $410 million, at its 10th sight, which included global sightholder sales and auctions. Sales were 9.6% below the preceding 9th Sight of...
Leviev Diamonds Honor Camilla and Kate

Leviev Diamonds Honor Camilla and Kate

Leviev has unveiled two "Empress" diamond rings to honor British royals Camilla, Queen Consort and Catherine (Kate), Princess of Wales. It follows the US-based company's release of The Queen's Collection of 20 rings and other...
Choksi's Diamond Firm Named India's Biggest Willful Defaulter

Choksi’s Diamond Firm Named India’s Biggest Willful Defaulter

Gitanjali Gems, the company established by Mehul Choksi, the fugitive diamantaire, has been named India's biggest willful defaulter, with unpaid loans of Rs 7,848 crore ($947m). The Reserve Bank of India (RBI), has announced a...
GJEPC Holds Stall Allotment For Inaugural IIJS Tritiya

GJEPC Holds Stall Allotment For Inaugural IIJS Tritiya

GJEPC conducted the stall allotment procedure for its brand new Bengaluru-based show IIJS Tritiya, at Jio World Centre in Mumbai on 19th December. Some 1500+ booths were allocated to 800+ exhibitors on the same...
Molefi Letsiki is De Beers' First Majority Black-Owned Sightholder

Molefi Letsiki is De Beers’ First Majority Black-Owned Sightholder

De Beers has appointed its first majority black-owned sightholder. Molefi Letsiki Diamonds was founded in Johannesburg, South Africa, in 2005, as a custom-made jewelry manufacturing business. It will join the list of around 60 businesses authorized...
Leviev Diamonds Honor Camilla and Kate

Leviev Diamonds Honor Camilla and Kate

Leviev has unveiled two "Empress" diamond rings to honor British royals Camilla, Queen Consort and Catherine (Kate), Princess of Wales. It follows the US-based company's release of The Queen's Collection of 20 rings and other...
42 Diamonds, One for Each Time Rapper Didn't Propose

42 Diamonds, One for Each Time Rapper Didn’t Propose

Canadian rapper Drake commissioned a one-off necklace featuring 42 diamonds - one for each time he considered proposing marriage, but didn't. Previous Engagements was crafted by celebrity jeweler Alex Moss over 14 months, using 351.38...
Engagement Ring Options: Lab-Grown Diamonds VS. Real Diamonds

Engagement Ring Options: Lab-Grown Diamonds VS. Real Diamonds

Buying an engagement ring gives you multiple options. Of course, every couple will look for a high-quality diamond ring as a symbol of love and commitment. So-called lab-created diamonds are getting so popular in...

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