Polished diamond news

  • WFDB Call for Five-Year Marketing Campaign
    on 6 November 2024 at 1:00 pm

    The natural diamond industry needs coordinated and consistent marketing campaigns to counter declining demand, says Yoram Dvash, president of the World Federation of Diamond Bourses (WFDB). In an open letter he calls on every member ...

  • Downturn Forces GIA to Close Israel Lab
    on 5 November 2024 at 4:00 pm

    GIA is to close its lab in Ramat Gan, Israel, saying it is no longer "financially sustainable". The facility, which opened in August 2012, will close by the end of this year. Submissions will be sent to GIA labs elsewhere, with no additional shipping costs...

  • Red and Pink Diamonds Lead Sotheby's Sale
    on 5 November 2024 at 8:00 am

    A 16.73 carat very light pink diamond is expected to sell for CHF 1.1m to CHF 1.8m ($1.3m to $2m) in Sotheby's Geneva Magnificent Jewels Sale. Another highlight of the sale, which features many colored diamonds, is a 1.44 carat fancy red diamond...

  • US Watch and Jewelry Sales Keep on Growing
    on 5 November 2024 at 5:30 am

    Watch and jewelry sales in the US performed well in September, with their biggest monthly rise since April 2022. The latest figures, for August, from the US Department of Commerce, show an 8.4 per cent increase, compared to 5.2 per cent in August...

  • Brown Band in Lab Grown is a Growth Remnant
    on 5 November 2024 at 5:00 am

    Laboratory staff at GIA have identified an unusual dark brown band in a CVD lab grown diamond. They say it looks graining in a natural diamond (a defect in the diamond's crystal structure) but is actually a "growth remnant" from...

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