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  • blue-diamond-sale-sothebys

Blue Diamond Sells for $15M at Sotheby’s New York

December 7th, 2017|0 Comments

Sotheby’s sold $54 million worth of jewelry at its New York auction on Tuesday as several pieces containing rare blue diamonds and gemstones yielded higher-than-expected prices.

  • sylvain-goldberg-omega-diamonds-justice

Omega Diamonds acquitted in lawsuit by Belgian customs

November 26th, 2017|0 Comments

Claims against Omega Diamonds by customs dismissed

  • black-friday-tag

Black Friday sees Online Sales Surge

November 25th, 2017|0 Comments

Online spending hit record levels on Black Friday, while robust sales at brick-and-mortar retailers indicated the shopping bonanza’s traditional side is not dead yet.

Trust-Based Commerce as Basis for the Diamond Trade in Danger of Collapsing?

Though the warning signs were on the wall – trust-based banking in the diamond sector seems all but dead. Three specifically named mammoth Indian diamond firms have apparently made some astonishingly brazen propositions to two of their leading lenders (ADB/KBC and Standard Chartered Bank). “We want an immediate haircut of 70% – and the remaining 30% we shall repay in a ten-year period. If you don’t take it, you won’t see any money.”

16.90-carat, D-color, internally flawless diamond ring

A step-cut, 16.90-carat, D-color, internally flawless diamond ring with a pre-sale estimate of $1.6 million to $2.2 million will lead Bonhams fine jewelry sale in New York on September 19.

Rio Tinto Reveals Largest Red Diamond At Preview In New York

Rio Tinto has unveiled the largest Fancy Red diamond in the history of its Argyle Pink Diamonds Tender, during a world exclusive preview in New York.

Diamond Markets Update – mid July 2017

Diamond markets quiet and in vacation mode Polished inventory levels ‎in current diamond markets sufficient to see dealers through the

De Beers Mining Sees Production, Sales Volume Jump

De Beers Mining Division reported a spike in rough diamond production and sales during the second quarter, noting stable trading conditions and an increased contribution from its recently launched Gahcho Kué mine in Canada.

Jewelry Stores Sales Rise in May in USA

Sales at specialty jewelry stores in the US jumped 4.7% to $3.06 billion in May, according to provisional data recently published by the US Census Bureau.

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