Polished diamond news

  • Sotheby's 2025: Record Watch Sales, Increased Jewelry Sales
    on 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 Jewelry
    on 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% Tariff
    on 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")...

  • 3.63-ct "Salt and Pepper" Pink Fails to Sell
    on 18 December 2025 at 8:00 am

    The highlight of Sotheby's Fine Jewelry sale in New York - a rare 3.63-carat fancy vivid purple-pink diamond — failed to find a buyer. The unmounted, cut-cornered rectangular modified brilliant-cut stone carried a pre-auction estimate of $1m

  • Secrets Shhh, Ethical Lab Grown Retailer, Collapses
    on 17 December 2025 at 3:00 pm

    A retail chain that promoted lab growns as an ethical alternative to natural diamonds has collapsed in Australia. Secrets Shhh, founded in 2000, entered voluntary administration on 10 December. The business continues trading as normal, where stock is available...

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