Gold demand in China to dip 10-15% in Q1 2020

Demand for gold in China is expected to weaken in the first quarter of 2020 as the country’s consumption-led economy grapples with the coronavirus outbreak.

Yesterday

Angolans witness polishing of Lulo diamonds in Botswana

Angolan officials led by the country’s ambassador to Botswana recently toured Safdico Botswana where diamonds from Lulo Mine are being polished.

Yesterday

Baselworld 2020 attracts more professionals in the field of technical equipment for the jewelry sector

The Baselworld watch and jewelry exhibition, which will be held from April 30 to May 5, 2020 in Basel, Switzerland, intends to attract a large number of players in the field of technical equipment for the jewelry sector.

Yesterday

Volgograd to host a jewellery show at the end of February

"JewelerEXPO 2020" jewellery show will open in Volgograd on February 19, 2020.

Yesterday

Botswana, De Beers to conclude diamond sales negotiations by end of April

Botswana and De Beers are expected to conclude negotiations on the new diamond sales agreement by the end of April.

14 february 2020

Geopolitical Instability Impacts Antwerp Diamond Industry in 2019

21 january 2020

(thediamondloupe.com) - 2019 was a challenging year for the global diamond trade. The entire industry, from miners to manufacturers and from diamond traders to jewelry retailers saw their trade figures and profits decline during the past year. Antwerp, as the leading diamond trading hub, was caught in the middle of the industry-wide storm. “Geopolitical instability led to economic turmoil, which negatively impacted consumer confidence,” says Ari Epstein, CEO of the Antwerp World Diamond Centre. According to Bain & Company, the diamond trade is in for a difficult 2020 as well, but should fully recovery in 2021.