According to Bloomberg, there has been a 45% increase in the exports of diamonds and jewelry from India in December 2009, compared to December 2008. According to the Gem and Jewellery Export Promotion Council (GJEPC), the income from exports was US$1.89 billion, up from US$ 1.3 billion during the same period an year earlier. The […]
Category Archives: Diamonds
Retail sales in certain sectors have shown improvement year over year during the holiday seas. This was made public according to a survey report by MasterCard Advisor’s SpendingPulse. During the period of the survey from Nov 1st through Dec 12th sales have improved in some key sectors such as jewelry, e Commerce, electronics men’s apparel […]
A 5 -carat cushion cut pink diamond ring was sold for a record breaking $10.8 million. The Christie’s auction where the sale took place was held on the 1st of December at Hong Kong. The diamond, a potentially flawless diamond is considered near perfect. The accompanied report by the GIA (Gemological Institute of America) states […]
One of the leading retailers of diamonds, Blue Nile has released its third quarter results. During the third quarter Blue Nile had a net sale of $66.9 million (Up 2.4% compared to 3rd quarter 2008). The rise is sales is attributed to growth in international markets and increase in bridal sales. However there was a […]
The Nature of Diamonds Exhibit which started on Friday, Oct. 23, will continue till March 28th at the Chicago Field Museum. According to the website of the Field Museum Chicago, diamonds are born from billions of years of crushing force and no other gemstone has captured the world’s imagination like diamonds. The exhibit which contains over 1000 […]
Italian designer jewelry house, Damiani has designed a Victoria’s Secret fantasy bra, valued at US$ 3 Million. The bra is studded with over 2355 white and cognac diamonds, weighing a total of 150-carats. A 16-carat heart shaped champagne diamond pendant forms the centerpiece of the bra. Marisa Miller,will be wearing the bejeweled bra at the […]
32- Carat Emerald Cut Diamond Sold For U.S $ 7.7 Million at Christie’s New York A 32.01-carat emerald cut internally flawless diamond set in a ring was sold for USD 7.7 million at Christie’s New York. Leonore Annenberg, the late billionaire and philanthropist bought the ring for her 90th birthday. She died at the age […]
According to the Financial Times (FT) De Beers says that the diamond market is stabilizing. The chief executive of De Beers in Botswana, Sheila Khama told the Financial Times “Consumption has not improved to anywhere near the levels that we are accustomed to . . . but the abrupt rate at which it [consumption] was […]
Rio Tinto is expected to roll out a new line of silvery-gray colored diamonds called “silvermist” in February 2010. The Silvermist diamonds are expected to be more affordable for diamond jewelry. The news was made public by a press event by Rio Tinto in New York city recently. A photograph of a pair of earrings […]
Rio Tinto’s diamond output dropped by 54% according to diamondworld .net to Only 2.79 million carats. The production of diamonds during the third quarter at its mines doubled. During the first nine months of this year, ending September 30th there was a 31% fall in its overall diamond output from all its mines to 9.58 […]