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- De Beers: Consumers Spend More, Spend Differently
on 16 June 2026 at 9:00 amAverage purchase prices for natural diamond jewelry increased by 25% between 2023 and 2025, says De Beers, as the dominance of bridal slipped and people found new milestones to mark with a diamond. Consumers paid $4,063 per piece, on average...
- Charges Dropped in PNB Fraud Case, Modi Still Prime Accusedon 14 June 2026 at 10:00 am
Corruption charges against bank staff in the $1.85 billion PNB fraud have been dropped, after the Central Bureau of Investigation conceded there was no evidence to support them. But Nirav Modi, the fugitive diamantaire currently being held in ...
- "Two Matildas" Live Sale Raises Over $17mon 14 June 2026 at 8:00 am
Lots from a vast family-owned jewelry collection - including many Faberge, Cartier and Tiffany items - raised $17.3 million at the live section of a Christie's New York auction. Ninety-four lots from The Stream Family Collection were sold on 10 June. A further...
- Russia Insists on "Synthetic" Label for Lab Grownson 10 June 2026 at 12:00 pm
The Russian government has announced new rules requiring lab growns to be labelled as "synthetic" so that consumers don't mistake them for natural stones. It does not list "lab grown" or any variant with "lab" or "laboratory" as being acceptable....
- Two Blues Each Fetch Over $8mon 10 June 2026 at 7:00 am
Two blue diamonds each sold for over $8 million yesterday (9 June) at Christie's New York, highlighting the importance of color over size. The 31.62‑carat Azure Blue, the largest fancy blue diamond ever offered at auction, went for $8,371,000, or $262,500 ...