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

U.S. Polished Diamond Imports Rise in August

14 october 2016
U.S. polished diamond imports rose to the highest level seen in the seasonally slow month of August in three years.
Inbound shipments of polished rose 2.4 percent to $1.66 billion, the strongest August since 2013 when orders stood at $1.67 billion, according to government figures. The month was the quietest so far this year because markets slowed down in the summer.
Polished imports by weight jumped 4 percent to 906,469 carats, while the average price declined 1.5 percent to $1,833 per carat.
Polished diamond exports, meanwhile, increased 3 percent to $1.38 billion, driving net imports down 0.7 percent to $280 million.
Rough diamond imports slumped 69 percent to $13.4 million, while rough exports were halved to $16 million, leaving net rough imports at negative $2 million versus positive $11 million a year ago. The county’s net diamond account for August dipped 0.7 percent to $280 million.
During the first eight months of the year, polished imports fell 2.7 percent to $15.62 billion and polished exports retreated 1.2 percent to $12.76 billion, resulting in net imports sliding 9 percent to $2.87 billion.