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

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

U.S. Jewelry Prices Stable, Watches Rise

23 august 2016
The U.S. consumer price index (CPI) for jewelry and watches rose marginally in July, according to the Bureau of Labor Statistics.
The reading edged up 0.7 percent compared with June, the data showed. The CPI was 5 percent higher than its level a year ago.
The July CPI for jewelry was little changed from the previous month and rose 4 percent from a year ago. Watch prices advanced 2 percent sequentially and jumped 8 percent year on year.
The figures come alongside lower diamond prices in July, with the RapNet Diamond Index (RAPI™) for 1-carat, GIA-graded diamonds falling 1.7 percent. RAPI for 0.30-carat diamonds slid 1.8 percent and RAPI for 0.50-carat diamonds slipped 0.5 percent. RAPI for 3-carat diamonds retreated 1.5 percent.
However, gold prices climbed throughout the month, advancing 1.5 percent on Comex, according to data compiled by Bloomberg.