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IDE's Yoram Dvash: 2017 shaping up to be more positive

After a tough 2015, last year provided the diamond industry with more stability and 2017 could be even better, says Yoram Dvash, President of the Israel Diamond Exchange (IDE) and Vice-President of the World Federation of Diamond Bourses (WFDB). In this...

Today

Education is the most important part of generic diamond promotion effort

The activity of World Diamond Mark® (WDM) established by the World Federation of Diamond Bourses (WFDB) to enhance consumers’ desire to buy natural diamonds is currently focused on the downstream segment of the diamond pipeline in the belief that the...

20 february 2017

There is more growth to come as global market turns to online purchasing

After living in UK and US for a considerable part of his life, Ashraf Ahmed returned to UAE where he lived as a child, only to set up shop in a sector he is passionate about... gem stones and jewellery. A graduate in Business & Finance, Ashraf is adequately...

13 february 2017

Global diamond jewelry sales are expected to decline slightly in 2016 - Bain & Company

Bain & Company, a leading global business consulting firm, offering solutions on issues of strategy and operations, works with over 2,700 major multinational corporations across every economic sector, including the diamond mining industry. Antwerp...

06 february 2017

Kristall is worried about the external environment, which is sometimes changing "categorically"

Kristall Production Corporation is the leader of Russia’s diamond-cutting industry. The company produces almost half of the total amount of diamonds, which are cut and polished in the country. Having over 50 years of diamond manufacturing experience...

30 january 2017

AGS Launches Upgraded Visual Diamond Report

12 january 2017
The American Gem Society (AGS) introduced a tool that enables diamond suppliers and retailers to show a stone’s specifications in an interactive electronic format.
The so-called ‘Only My Diamond’ platform, an upgrade to the AGS Diamond Quality report, allows an enhanced set of visuals and descriptive explanations to be presented to customers in a “unique” way.
The new report includes a downloadable PDF that describes the quality specifications and a video of the stone. It also presents images and graphs, including an Angular Spectrum Evaluation Tool image showing a pattern of light reflecting from a diamond.
There is a “need for a service like this in the diamond industry, especially one backed by the AGS Laboratories brand,” said Jason Quick, laboratory director at AGS Laboratories. The tool is an “extension of the AGS Laboratories mission of consumer protection” given that it “informs the consumer in a way that is interactive and engaging,” he said.

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