IDEX Online - Polished Market Polished Market
- Surat Diamond Bourse: 50 Offices are Open, out of 4,700
on 24 December 2025 at 12:00 amThe ill-fated Surat Diamond Bourse (SDB), built at a cost of $388m and officially opened by India's prime minister two years ago, is reported to still have no more than 50 operational offices. The building, recognized as the largest office complex by ...
- Stricter Rules to Outlaw Russian Diamondson 23 December 2025 at 1:00 pm
importers will need to meet stricter rules from 1 January 2026 to ensure sanctioned diamonds from Russia do not enter the EU. They will have to complete standardized documents, known as Due Diligence Statements on Diamond Origin for all polished stones...
- Sotheby's 2025: Record Watch Sales, Increased Jewelry Saleson 20 December 2025 at 4:00 pm
Sotheby's says 2025 was a record year for watch sales, up 22 per cent on the previous year at $193.6m. Worldwide jewelry revenue increased 18 per cent on 2024 to $317.7m, with the sale of some notable lots, but it fell well short of the company's 2014 record...
- Oman Abolishes Import Duty on Indian Gems and Jewelryon 19 December 2025 at 12:00 am
Diamond manufacturers in India are hoping the abolition of import duties on gems and jewelry sold to Oman will boost their exports to the country. Both countries signed an agreement earlier this week - the India-Oman Comprehensive Economic Partnership ...
- Mexico Hits India Diamantaires with 50% Tariffon 18 December 2025 at 10:00 am
Mexico is imposing its own 50 per cent tariff on diamonds imported from India. It is following the US lead, and preventing Indian diamantaires using it as a "bridge" - shipping rough or semi-cut stones there, polishing them there (to qualify as "Mexican")...