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Angola's 2022 Diamond Sales up to $1.95bn

Angola’s 2022 Diamond Sales up to $1.95bn

Angola exported 8.75m carats last year, well down on its original forecast of 13.8m. But total revenue was $1.95bn, the Ministry for Mineral Resources, Oil...
US to Spend $5.5bn on Valentine's Jewelry

US to Spend $5.5bn on Valentine’s Jewelry

US consumers are set to spend $5.5bn on jewelry as they splash out on a record Valentine's Day, according to the NRF (National Retail...
LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022

LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, reported jewellery and watch revenue growth of 18% to €10.58 billion in 2022,...
India’s Gold Jewellery Demand Slips 2% To 600.4 Tonnes In 2022; Gold Imports Plunge 27%

India’s Gold Jewellery Demand Slips 2% To 600.4 Tonnes In 2022; Gold Imports Plunge...

Total jewellery demand in India for 2022 was down by 2% to 600.4 tonnes as compared to 610.9 tonnes in 2021, it noted. The...
Lab Grown Boost: India Abolishes Diamond Seed Tax

Lab Grown Boost: India Abolishes Diamond Seed Tax

The Indian government today announced an immediate abolition of the five per cent import levy on the graphite seeds used to create lab grown...
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