Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

‘Jubilee Ruby’ fetches $14M at Christie’s New York

29 april 2016
A 15.99-carat Burmese ruby sold for $14.2 million at Christie’s New York Magnificent Jewels auction in New York on April 20.
The oval-shaped stone within a circular-cut diamond and polished gold surround, known as the ‘Jubilee Ruby’, fetched $885,866 per carat, according to Christie’s website. The item, which was estimated at $12 million to $15 million, was the highlight of the auction. The auction realized a total of $57 million.
The sale also included a cushion modified brilliant-cut, 10.07-carat, fancy intense purple-pink diamond. Bought for $2 million in 2007, this went for $8.8 million, or $878,352 per carat. Christie’s also sold a round brilliant-cut, 40.43-carat, D-color, flawless diamond for $7.2 million, or $178,605 per carat.
The result comes after Sotheby’s failed to sell its lead item, Shirley Temple’s 9.54-carat blue diamond, at its Magnificent Jewels auction in the U.S. city on April 19. Sotheby's sold $29.9 million worth of jewels in total.