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
Tuesday, 24 March 2015
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 worlds 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
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