Indian demand for gold dropped 17% in the first quarter (March quarter) to its lowest level in ten quarters, and the World Gold Council (WGC) predicts that it will continue to be muted even in the second and third quarters despite record-high prices. India’s gold imports decreased by 24.15% to $35 billion in 2022–2023 as …
Demand for imported gold may decline, reducing India’s trade deficit. Read More »
Frost of London introduces a unique Roberto Coin collection for all markets. Frost of London, an independent, high-end jeweller, has announced its most recent partnership with Roberto Coin, an Italian manufacturer of fine jewellery. The collaboration reimagines the renowned Princess Flower line by Roberto Coin, with a fresh take on the style made especially to …
Frost of London introduces the Roberto Coin collection. Read More »
The World Federation of Diamond Bourses (WFDB) and the Natural Diamond Council (NDC) have partnered to encourage the expansion of the industry because they understand that rising consumer demand is crucial to the success of the natural diamond sector. The WFDB will work with the NDC to determine ways in which the values of natural …
The largest lab-grown diamond created using the chemical vapour deposition (CVD) process was recently evaluated by the GIA laboratory in Hong Kong. The 34.59 ct. emerald-cut diamond was given a GIA grading of G colour, VS2 clarity. Its dimensions are 24.94 x 13.95 x 9.39 mm and it was created by Ethereal Green Diamond in …
The largest lab-grown diamond according to GIA is 34.59 ct. Read More »
Temasek Holdings of Singapore is considering investing $100 million for a 20% stake in Indian jewellery manufacturer BlueStone. With the investment, Bengaluru-based BlueStone which is backed by Accel Ventures and Indian tycoon Ratan Tata would be valued at close to USD 500 million. Temasek is conducting due diligence on the purchase, and if negotiations are …
Temasek could give BlueStone an investment of $100 million. Read More »
Recently, hundreds of thousands of fossils and mineral gemstones were exhibited at the Nanjing International Exhibition Centre, providing the public with a convenient way to observe gemstones in their entirety as well as a forum for geologists and mineral stone enthusiasts to interact and share knowledge. Rhodochrosite sample Empress of China, which has the shape …
Display of fossils, gemstones, and minerals in Nanjing Read More »
The COUTURE Platinum Spotlight Programme will be back to Las Vegas Jewellery Week this year after a hugely successful first programme, according to Platinum Guild International USA. Ten new COUTURE designers with an emphasis on yellow gold are being welcomed to the programme by the company that produces platinum, the most valuable metal in the …
The reintroduction of COUTURE Platinum Spotlight is announced by PGI USA. Read More »
Saint Laurent, a French luxury brand, has expanded its ready-to-wear and accessory ranges by introducing its first fine jewellery line. The collection consists of rings, necklaces, bangles, and cuffs composed of diamonds and yellow and grey gold. A pair of studded earrings costs 690 euros, while a massive 18k chain bracelet costs 45,000 euros. With …
The haute jewellery line from Saint Laurent is unveiled. Read More »
Phillips Hong Kong will auction a 118.35-carat royal blue Sri Lankan sapphire later this month with a high estimate of $4.5 million.The sapphire and diamond necklace was made by Bulgari in 2004. The cushion-shaped sapphire from Sri Lanka received a “impossible” 98 points in the Gubelin Gemstone Rating for quality, uniqueness, and salience, according to …
A 118.35-carat sapphire from Sri Lanka could fetch a price for $4.5 million. Read More »
On the first anniversary of the India-UAE CEPA‘s adoption on May 1, 2023, Indian Commerce Secretary Sunil Barthwal congratulated the people of India and the UAE. Barthwal stated that efforts are still being made by both parties to increase the two nations’ ease of doing business. The Commerce Secretary emphasised how important the CEPA has …
