Tuesday, 24 March 2015

Platinum jewellery demand up by 20% as prices drop

As platinum becomes cheaper than gold, demand for platinum jewellery is zooming in the Indian market. Platinum jewellery retailers said that in February and March, demand shot up 20-25 per cent and this trend is likely to continue in the upcoming wedding season that kicks off next month Read More

Alrosa reports a loss of $283.8 mn ‎in 2014

ALROSA reported a loss of $283.8 million (RUB 16.8 billion) ‎in 2014 as a result of foreign-exchange losses on the company's U.S. dollar-denominated debt, following depreciation of the ruble in 2014 Read More

Worlds largest synthetic diamond facility opened in Singapore


The synthetic diamond sector will seemingly continue to evolve with news that the “world’s largest” lab-created diamond facility and an accompanying research centre have opened in Singapore Read More

Swarovski expands into fine jewellery; New collection features diamonds

It might be renowned for its fashion-focused jewellery but Swarovski has stepped up its presence in the high-end market with the release of a new collection that incorporates diamonds Read More

Israeli and Turkish industry leaders to open a diamond exchange in Istanbul

The Israeli diamond industry recognizes the enormous potential of Turkey, and plans to help it establish an advanced diamond industry, sources have told Globes Read More

Monday, 23 March 2015

Quote of the day 23-03-2015

"India is the fastest growing diamond jewellery market in the world after China. There are a number of factors which are responsible for the growth story like the increasing middle-class, highest young population across the world, economic stability with the new government at the Centre, etc.”
Bruce Cleaver, Head-Strategy and New Business, De Beers'



AOJ Exclusive: Gudi Padwa jewellery sales shine

Ugadi in South and Gudi Padwa in Maharashtra is usually known as a good season for jewellery sales. Though Gudi Padwa reaped in good response, the sales did not pick up like yesteryears for Ugadi Read More