Good turnout of buyers from India, China, Russia, at JCK Las Vegas 2014

JCK Las Vegas 2014 show kicked off at the Mandalay Bay Hotel and Casino, witnessing much positivity amongst buyers as well as the exhibitors. The show experienced good attendance of buyers from China, Russia, India, and Mexico-JCK Las Vegas. The show will run through June 2nd. read more

Higher rough diamond prices than polished is a consistent source of stress to the industry: Martin Rapaport

This year At JCK Las Vegas 2014, Rapaport focused on State of the Diamond Industry which was presented by Martin Rapaport. It focused on what companies must do to increase their market share and profits and ability to develop personal trust relationships with customers. read more

Gold tumbles to four-month low as stocks rally, funds trim bets

Gold tumbled to the lowest level since February after the Standard and Poor’s 500 Index reached a record and hedge funds pared bets on a rally in the metal at the fastest pace this year as haven demand waned. read more

‘Gold movement to track rupee closely’

The movement of gold on the domestic market next week is going to depend purely on the movement of the rupee, as no important data releases on the international market are expected, which would impact the prices of the yellow metal. read more

GIA inaugurates New York Laboratory, Education Facility

The Gemological Institute of America (GIA) board of governors met May 18 and 19 in New York City for the first of its two scheduled 2014 meetings and formally inaugurated the Institute’s new laboratory and education facility in the International Gem Tower. read more

Large synthetic diamonds found in unlabelled parcel

In an unusual case, EGL International in Israel said it has discovered four synthetic diamonds in a parcel of 20 stones submitted by a long-time client. The lab-grown diamonds were uncovered in the first phase of testing using FTIR infrared spectroscopy, read more

Atlas Jewellery India reports net profit of Rs 1.72 crore in the March 2014 quarter

Net profit of Atlas Jewellery India reported to Rs 1.72 crore in the quarter ended March 2014 as against net loss of Rs 0.01 crore during the previous quarter ended March 2013. Sales reported to Rs 72.97 crore in the quarter ended March 2014. read more