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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

Polished diamond prices remain flat in June

14 july 2017
Polished diamond prices remained flat in June 2017, says IDEX Online in its latest analysis of polished diamond prices.
IDEX reported, that in June global polished diamond prices increased just by 0.05% over May. Compared to June 2016, the average price has shown a 4.9% decrease.
Since the middle of last year, polished diamond prices have shown a decline, with the index being “at its lowest point for four years”, according to IDEX. Since January 2013 to date, there has been a 10.1% decline.
Over the long term, 4-ct stones have shown the most price volatility, while 3-carat diamonds have displayed the steepest year-over-year decline since mid-2015. In addition, from December 2015, there has been relative price stability in 1-ct, 1.5-ct and 2-ct stones.
As for the near future, IDEX Online sees a slowing down. According to major diamond trading centres, activity is stable.
Reports from the JCK Show in Las Vegas, as well as June Hong Kong Gems and Jewellery Fair, indicate that foot traffic was lower than in previous years, but buyers were more serious. However, buyers said that rough diamonds were too high which did not help them to make profits.

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

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