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Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

IIDGR’s proprietary technology gives polished diamonds unique identity

The International Institute of Diamond Grading & Research (IIDGR), a unit of the global diamond giant, De Beers, grades natural stones and is also using its proprietary inscription technology to inscribe a unique identification on tables of each...

07 november 2017

In future, only those who offer innovative designs will survive

A science graduate from Madras University, Srinivasan's one-man venture with just 10 employees launched in 1984 has now grown into the present Emerald Group, in about 3 plus decades. The Group from Southern India is one of the largest jewellery manufacturing...

30 october 2017

Conditions are still very difficult - Ernie Blom

Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa...

23 october 2017

India's polished exports for April down by 1.7%; rough imports down by 7.3%

18 may 2017
Exports of cut & polished diamonds at $ 1.75 bn for the month of April 2017 showed a decline of 1.76% over exports of $ 1.78 bn in the same month of the year 2016.
Gross imports of rough diamonds for April 2017 amounted to $ 1.74 bn as compared to gross rough diamond imports worth $ 1.88 bn in April 2016 – a decline of 7.38%. In volume terms, gross import of rough diamonds of 16.92 mn carats during April 2017 marked a rise of 9.86% compared with gross imports of 15.41 mn carats in the same month of the previous year, according to the data released recently by the Gem & Jewellery Export Promotion Council of India.
Total exports for all gems and jewellery products for April 2017 were valued at $ 3.73 bn marking an increase of 15.17% over exports of $ 3.24 bn achieved in the same period of the previous year.Total imports for the gems & jewellery sector stood at $ 3.16 bn in month of April up 6.99% from imports worth $ 2.95 bn in April 2016.
Gold jewellery exports amounted to $ 497.35 mn marking a decline of 32.36% over $ 735.31 mn in April 2016 ; while exports of gold medallions & coins rose 82.90% to $ 553.59 mn for April 2017 from $ 302.67 mn for April 2016.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished

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